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Fun in The Cheap Seats!


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#51 Mr Dev

Mr Dev

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Posted 18 November 2014 - 10:52 AM

that chart is definitely for the day trader type ...and not at all the weekly watcher or multi-day trend traders.

if you are swing trading this in your ira..i would restrict my day trading in this time frame...against the more Bullish over all Daily outlook and set ups.

:bowtie:

Toms chart
http://stockcharts.c...47898&r=546.png


Edited by Mr Dev, 18 November 2014 - 10:54 AM.


.. .. ..
Mr Dev

......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!

#52 Mr Dev

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Posted 19 November 2014 - 11:34 AM

recent thoughts linked to someone else's.... recent topic and target

............

...even after .. i posted 6 days ago when i entered in the 60s.... that the resistance area was..

73 to 75 ... which we GAPPED into and closed at the highs of yesterday .. (often a negative technical)


UPDATE ~
Posted Image

RUT
Posted Image

JNUG
Posted Image


Edited by Mr Dev, 19 November 2014 - 11:36 AM.


.. .. ..
Mr Dev

......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!

#53 Mr Dev

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Posted 19 November 2014 - 11:44 AM

well

since you were first skeptical ..then got bullish yesterday Nov 18th.. and jumped in long... does late matter now ?

or is this a long term swing trade for you?

thats a rhetorical question because i think we all understand the situation.

best of luck going foreward.
:bowtie:

I understand late, but I am after swing trades, not 1-3 day scalps.

This appears no more than bottom picking.

If this is a true trend change

like I am hearing, then late should not matter.


Edited by Mr Dev, 19 November 2014 - 11:47 AM.


.. .. ..
Mr Dev

......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!