barjon
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Tomerep
By all means do. Take your screenshot, put it in paint, add your lines/comments, save as a .gif file (or other acceptable formats). Use "post reply" scroll down to "manage attachments" and upload the file.
Look forward to seeing your trades (i'm a swinger too)
good trading
jon
By all means do. Take your screenshot, put it in paint, add your lines/comments, save as a .gif file (or other acceptable formats). Use "post reply" scroll down to "manage attachments" and upload the file.
Look forward to seeing your trades (i'm a swinger too)
good trading
jon
LUFK from May the 2nd.
Here's a stock that I've been looking at lately, studying its movements, and finally decided to buy at the last pullback, stop at start was at 29, but I moved it upward to 31.5 so it wont crash on me, the last candle looks like it could flip down on me.
-Everything I show here is for studying process only, I do not recommend you to buy and of the stocks that I show-
Here's a stock that I've been looking at lately, studying its movements, and finally decided to buy at the last pullback, stop at start was at 29, but I moved it upward to 31.5 so it wont crash on me, the last candle looks like it could flip down on me.
-Everything I show here is for studying process only, I do not recommend you to buy and of the stocks that I show-
KWK May the 2nd
Here we see a stock that is having a study uptrend, bought it when it was a bit higher than the 20ma, put a protective stop at 50 at start, but moved it higher to 54 so it wont reverse on me, being a disiplaned trader is very hard, yet very important, you don't want to get your stock crashed on you for a big loss, and you DO want to protect a profits you have already made.
-Everything I show here is for studying process only, I do not recommend you to buy and of the stocks that I show-
Here we see a stock that is having a study uptrend, bought it when it was a bit higher than the 20ma, put a protective stop at 50 at start, but moved it higher to 54 so it wont reverse on me, being a disiplaned trader is very hard, yet very important, you don't want to get your stock crashed on you for a big loss, and you DO want to protect a profits you have already made.
-Everything I show here is for studying process only, I do not recommend you to buy and of the stocks that I show-
barjon
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mmm, interesting couple of charts tomerep.
I use Gann 3 bar swing method (modified a bit rather like the Rivalland approach) and it worked well with these two. Blue lines show entry levels signals (the red are stop loss levels) and the dashed blue lines on KWK are entry level signals which I would not have taken because of the gap openings.
good trading
jon
ps: if you'd posted charts as thumbnails it would have avoided the extended width in post size.
I use Gann 3 bar swing method (modified a bit rather like the Rivalland approach) and it worked well with these two. Blue lines show entry levels signals (the red are stop loss levels) and the dashed blue lines on KWK are entry level signals which I would not have taken because of the gap openings.
good trading
jon
ps: if you'd posted charts as thumbnails it would have avoided the extended width in post size.
Attachments
LUFK: I think you gotta watch this one closely. When you looking to go long and wanna trade you can find plently of reasons and justifications by looking at even an average setup. You have picked out some nice bullish signals on that chart. But there are some bearish ones too. The MACD Histogram is below 0 even though the stock is rising , this isn't a great sign. Theres also some RSI divergence from the last two moves. and I think it may be running out of steam. LUFK could easily form a double top and reverse. My rules would have out me long around late march.
I would agree with Schoe. I am pretty new to volume analysis but each new high has slightly lower volume, and the last move up is on particularly lower volume. Also lots of dojis and could possibly be 3rd wave of elliot wave?
Just my thoughts but I might bank some profit and look for a nice setup to get short.
Barjon - does your system provide short signals, I am interested as to why it has only providing buy signals or are you filtering it based on uptrend?
Just my thoughts but I might bank some profit and look for a nice setup to get short.
Barjon - does your system provide short signals, I am interested as to why it has only providing buy signals or are you filtering it based on uptrend?
barjon
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Verno
Yes, I swing both ways
As you suggest, when the trend is up (as the 2 above) I'm only interested in swing lows and long entries. Vice versa when trend is down.
For my purposes the "trend" changes when there is a sustained break of previous swing low/high subject to a few confirmations.
good trading
jon
Yes, I swing both ways
As you suggest, when the trend is up (as the 2 above) I'm only interested in swing lows and long entries. Vice versa when trend is down.
For my purposes the "trend" changes when there is a sustained break of previous swing low/high subject to a few confirmations.
good trading
jon
