Archive for November, 2009
Video Review of the Indexes 11-22-2009
A push to new highs just happened once again, and the bulls remain in control of the tape despite the weak finish which erased the gains from earlier in the week. Higher highs in place means the uptrends are still intact, and that certainly deserves our respect.
4 Cup & Handle Patterns to Watch
One of the most easily identifiable chart patterns is also one of the rarest - the cup and handle pattern. In this post, I want to show you a few which are developing right now.
Always Something to Worry About
Ever get spooked out of good trades? It’s one of the worst feelings in trading, knowing you were right and just couldn’t stick with the play long enough to get paid a fair amount.
CVX Bull Flag Offers Potential
My nightly routine includes locating setups for tomorrow’s trading session, but I don’t want to stop there. Taking it one step further, I want to be aware of any other stocks which may be gearing up for moves in the days ahead - radar stocks, if you will.
Managing Day Trades Effectively
Trading multiple timeframes is one of the best ways to diversify as a trader, there’s no getting around it. But let’s explore this idea a little further of managing day trades, because that’s one subject so many seem to struggle with.
Video Review of the Indexes 11-8-2009
After a pretty decent pullback from the October highs, the dip-buyers were faced with another opportunity, and last week they began to do their thing once again. An upside reversal on Monday paved the way for higher prices to come, and by the end of the week a respectable bounce was here.
APOL Flirting with Breakdown from ‘h’ Pattern
Classic chart patterns still work quite well, and I trade them regularly, but they aren’t the only patterns out there to watch for.
