Recent content by chartgonzo

Life is sometimes surreal...........Over the years, I have visited so many sites, been a member of so many chat rooms, services, quack guru operations I never thought that the most well articulated, no BS, mentor site ( with, it seems, many loyal and compassionate member/fans) would be run by a...

I occasionaly view these chatboards from time to time and have noticed recently lots of venom re\; harvey walsh. He may or not be a scammer but I have made a pile by internalising what he outlines in his course. I have no association with him whatsoever and in fact he hasn't responded to my...

Does anyone else here focus on trading stocks that have gapped overnight? I trade the first 20min/30min range breakouts and gap fillers and reversals. From Pre-market analysis I'll have 10 to 15 stocks that have gapped up or down which have good volume, price between 20 and 80 and are movers...

Rathcoole............If I'd been trading your stakes I'd have lost my house by now..........................

The worst thing in this business is the bloody price graph laughing at you from 30 mins ago............just saying, I know, I wanted to go up..........no matter waht your signals told you, you should have seen the pattern. Everything toldyou I was going to dive.........but no one can predict...

Thanks rathcoole, To you and any other interested parties out there...........I seem to have developed a 100% loosing system...so I suppose the more savy members could turn it around into a 100% winning system? ............maybe I am honing in on the alter-world millionaires trend line?

Yes.........I shorted at 90..............thats the 6th in a row

Is this going to be my fifth...yes fifth consequitive loss since Thursday last week? I read, I study, I backtest ( with my limited knowledge) but the market defies me nearly every single time. I am at the pint where I am going have to hold my hands up and say YES I am one of the 90% of spead...

And......the characteristics of this market top ( if it is one) are the same as every major top followed by a significant reversal since the 70s.......

Since the mid eighties, apart from a few limited corrections, the majority and especially the significant ones have corrected back to the EMA449 line, which currently sits around 2000 ticks below us and would give a 15% correction. Anyway it's around what I have heard others saying is necessary...

From the 1 day charts it seems we may have reached the market top. Four days over the last 2 weeks have seen increased volume without further price progress. A failed rally over the last few days, what could be a double top? and institutions off-loading stock yesterday and the day before...