"Trade em well and be your own boss."
Wednesday, March 30, 2011
Friday, March 25, 2011
Tuesday, March 22, 2011
MCP update
Just doing a quick update for a friend of mine because his work won't allow him to access dropbox link. So I have to post it here on my blog. I talked about a potential move on $MCP over the weekend where a low risk entry was present to us around the $43 levels. Today the stock spiked HARD AFTER our Stock clown Jim Cramer trashed $MCP on his show for being overvalued. I have said it many times before and I will say it again. Technical trading is almost ALWAYS about what you see and not what you think. Keep your risk and reward ratio at the minimal of 1 : 3 then you will live a long life in this business.
March 19 chart
Broke out today on huge volume.
Today March 22
Wednesday, March 16, 2011
Monday, March 14, 2011
GLBL Trade
Daily chart
Intraday chart
So you have two support lines from two different time frame. If the stock failed to stay above it, means your trade is not ready and is time to get out. I hope this help explain why I did what I did.
Friday, March 11, 2011
Stay on your toes!
Stay on your toes!
-With market breaking support levels
-Unrest in the middle east
-Tsunami in Japan
(All prayers go out to Japan and those near by the pacific rim)
Follow me on twitter for any intraday alert @tradermarket247. Happy Friday.
Tuesday, March 8, 2011
Sunday, March 6, 2011
Trading ideas for March 7, 2011
"Ride it until the wheel falls off"
forget about everything else. Enjoy these long setups and good luck.
Friday, March 4, 2011
Trading ideas for March 4, 2011
Trade without FEAR!!
Like Mr.Sheen the most fearless man on earth with Tiger blood and fire-breathing fists. Enjoy these setups and have a great weekend.
Thursday, March 3, 2011
Wednesday, March 2, 2011
Sunday, February 27, 2011
Trading ideas for Feb 28, 2011
Friday trading ideas percentage gain/loss.
More trading ideas for next week.
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LONGS: HDY ALJ TTWO ASGN HYC SGMO CRIS
Friday, February 25, 2011
Trading ideas for Feb 25, 2011
Last Friday, I warned about a possible pullback in the coming week. "I am starting to see way too many great long setups and it was never a good sign based on my experiences." After a week of sell-off, with SPX trading near support levels (50 day MA - SPX 1300). I am ready to get back to business and strike again. Enjoy these sexy setups and have a great weekend.
LONGS: HDY CT AZC HYC VG SLV ES
Tuesday, February 22, 2011
Thursday, February 17, 2011
Trading ideas for Feb 18, 2011
We are now entering an uncharted territory. I am not going to guess the top, however, it is very important to stay nimble, trade in a shorter timeframe and lock in those profits quicker when the market becomes uncertain. I am starting to see way too many great long setups and it was never a good sign based on my experiences. I included some large cap/higher price names on my watch list (Followers request) Hope you enjoy my picks and remember to raise more cash ahead of this long weekend.
LONGS: AONE CHGI INTT KV/A WAVX DVO FVITF CTCT BP RIG IVAN
SHORT: INCY
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