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
9 comments:
How do you determine whether a descending triangle is going to be a continuation vs. a breakdown?
I don't know that. That is why I called it a "low risk" entry. If it breaks below $41 (which i did mention it on the chart) then you get out of the trade with a small loss. You need to keep in mind that chartist do not PREDICT what's going to happen. Chartist chart to be PREPARE whatever the market brings us. So that we can ACT IMMEDIATELY when an opportunity is present to us.
When you do technical trading. Your risk and reward ratio at the very minimal must be in 1:3. Meaning you only risk 10cents to gain 30 cents, risk $1 to gain $3... etc.
The name khumbu ended up being taken from [URL=http://www.northfacetriclimate.org/#990]north face outlet[/URL] excellent along with spectacular region in Nepal. The region is known for being one of many regions of Mt. Everest on the Nepal side. Makers with the jackets have kept in your mind the ailments of Khumbu because they have a created a product [URL=http://www.northfacetriclimate.org/#608]north face outlet store[/URL] will be suitable for anyone trying to climb Mt.
They were very heavy and comfortable. There are some good [URL=http://www.northfacejacketsforsale.net/#1134]north face coupons[/URL] at the same time. They are named as Fleece protector jackets. Amazing fabrics are employed by these jackets. They will keep the people snug over the months of winter. The idea manufactures two zip pouches and waterproof hoodies also. This will help in keeping the body really warm and dry.The durability of [URL=http://www.northfacejacketsforsale.net/#1178]north face promo code[/URL] is very good. Cleaning is usually carried out washing machines.
My own favorites will be the Jester pack plus the [URL=http://www.thenorthfaceoutletstores.net/#590]north face jackets clearance[/URL] load up. The Jester is a easier group that is definitely genuinely properly suited to carrying college textbooks, but could also be used for short journeys through the wild. The Recon pack is generally a pack that works perfect for small and medium trips within the woods or even the mountains.It could even be [URL=http://www.thenorthfaceoutletstores.net/#590]north face jackets clearance[/URL] for remainder more than trips in case the weather allows it.
2cGvb ghd flat iron
iKfc cheap michael kors bags
tYyg ghd
4dJir ugg boots online
7aWpk ghd straightener
9zGpz ghd hair
eKbh ugg boots sale uk
tRsz michael kors handbags
6aIqy GHD Australia
8dOjn burberry outlet
7xViz ugg pas cher
7tUim ghd nz sale
6bFha louis vuitton bags
0qSmo michael kors bags
0mUpm ghd straightener
1kKnu cheap ugg boots
0cEad cheap nfl jerseys
5yTjs michael kors outlet online
9qGaf GHD Pas Cher
9oOvr ugg boots sale
zMrk cheap ghd
wWxp ugg boots on sale
yGby michael kors purses
7kUta GHD
2pXkt burberry handbags
8bUmg chaussures ugg
5eSyk ghd
0kGph louis vuitton outlet
5eQyg michael kors outlet
4pEyn ghd offers
4kGdl cheap ugg boots
4oHbl wholesale nfl jerseys
9vZsa michael kors bags
8uIdo ghd
7aKya cheap ugg boots
tEhn coach outlet online
aQau ugg boots sale
uYhw michael kors bags
3uWob cheap ugg boots
1tSxo chi flat iron
2cHyv michael kors sale
3aCka cheap nfl jerseys
5rGpp coach outlet online
0zFuq north face jackets
7gVaf ugg españa
8pUxo ghd iv styler
9bTem michael kors wallet
7lKqa nfl shop canada
1iMok ghd baratas
8lNhb discount uggs
Post a Comment