Good morning all. Futures are currently up a bit and our man Frear is up next. Hope it's good!!!!
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Good morning all. Futures are currently up a bit and our man Frear is up next. Hope it's good!!!!
What happens today. 3.25? This run seems to have a little left in it, but I look forward to the crews comments today. Bass get those sticks out!
I dont know much about candle sticks, double - triple top breaks, falling stars, or triple withcing. But with all these phrases we have, all I have to say is I am sure am happy about SIRI latley. Always been and always long ( Since 2009). I Still am long and have been through all this double, triple backed witched falling star, gapped up, inverse fomated breakout with a candlestick formation. I dont have a clue, but learning form you guys. I guess for now, I will go with kernal mustard with the candlestick in the library! GO SIRI!
Nice CD.......i've got Professor Plum with a DONKEYDONGINSHORTIESASS.....and a candle stick:popcorn::confused:Quote:
Originally Posted by ChicagoData
I am having to go back to 2008 to get support and resistance levels in our dollar range. The only problem I am having is my box sizes must be bigger (using .10) to get there (it fogs up my picture so it is not as accurate). So if someone could verify the levels that I listed below as resistance? Thanks!!
Close 3.15,3.20,3.50
H/L 3.15,3.20,3.30,3.40,3.50
'mornin all. I have to admit I just started looking at the ezone predictions, and if I'm reading it right, it signals $3.21 as the recommended exit point today. Of course, it should be recognized that ezone has no idea what Fraer has on his mind to say today, so we just sit and wait. Hope it's good news. Good luck to all today.
Edit: OOPS, wrong day. Make that $3.19 as the exit point, per the attached chart.
i am not a "day trader" but rather a swing trader, so I try to find what I think are the major support and resistance levels. Based on this, I show 3.25 then 3.75 as the next resistance points.Quote:
Originally Posted by abcdarin
SLY do you have a link to this ezone you could send me?Quote:
Originally Posted by siriusly_invested
Thanks Chicago and Denco for the laughs this morning. I'm taking Miss Scarlet in the kitchen with 2 candlesticks!! :whip:Quote:
Originally Posted by denco1
Good morning Bassman. Speaking of "swing trading", there was a time when I thought I'd like to dig deeper into the specifics of that art. Turns out, the owner of my local Fly Fishing shop put me on to his favorite book on that topic. It is called "The Master Swing Trader" by Alan S. Farley. I got the book, but then I found SIRI and the associated forums which immediately changed my focus. Not that I call myself a day trader, but with daily info from these forums I forgot to see if that book actually fit my trading moods of the day. Now that you make the stipulation (day vs swing), I think I might poke my nose back into that book and see if now it makes more sense. Thanks for the reminder.Quote:
Originally Posted by Limit5Bass
Good morning SI....Based on your new found knowledge of trend lines, I think swing trading would be a perfect fit.....let me know what you think of that book when you are done. I'm almost done with my Fibonacci book and working on the Elliot Wave book now and will need a new recommended book after these.
Quote:
Originally Posted by siriusly_invested
Darn i thought frear at 9AM ET but rather it's pacific time. Gotta wait until noon here on the east coast. has anybody heard maffei's presentation yesterday?
I must give credit to INROMO24 for the link to Ezone. Here it is. Note that if you visit the link just above the chart (visit HOttinger Signals.com), you'll find explanation on how to use and interpret ezone. I'm certainly no expert, so questions probably ought to go to inromo24.Quote:
Originally Posted by abcdarin
http://www.windchart.com/ezone/signa...obrand=stockta
anyone ever look at this http://regsho.finra.org/regsho-Index.html
it is short data just open a day and searc for SIRI
Thanks..just checked it out. It is a very interesting site!!! Wonder if it works, the logic behind it sound okay.Quote:
Originally Posted by siriusly_invested
Bass, as I thumb through "the Master Swing Trader", what immediately strikes me is that I readily recognize stuff that were totally greek to me when I first got the book (probably 4 - 5 years ago). "Pattern Cycles" appears to be a main focus of the book, and with all my new-found knowledge from you guys, I'm quite confident this book will be a valuable asset in my tool kit. This is a hardback, 440 pages of meat. It's not the simple primer like Stikky Stock Charts, but probably just as valuable in this market.
I'll see if I can possibly find an online "teaser", or maybe an ebook version to refer you to before you make a purchase decision.
You know, mayb we ought to create a "recommended resources" topic here at SB where each of us could list, describe, and rate our books, tools, and other helpful tips.
I'll take Shortie, out back, with the plunger!!
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Originally Posted by Limit5Bass
Bass (and others interested), I did a Google search on "Master Swing Trader" by Alan Farley and came up with multitudes of hits, including his published list of 30 rules for swing trading, AND some links to available, free ebook downloads. Here's one which might serve as a good teaser. http://www.filestube.com/t/the+master+swing+trader
Looks like the early shake out to steal cheaper shares from the weak hands...:yawn:
Edit @ 6:59 ... and the impatient
:money:
Adding to the ezone discussions...
I belong to a pay charting site that also provides commentary on the daily stock ratings using their algo. One thing they always repeat is "Don't be in the stock market for the sake of being in the stock market" So if you check the ezone on any random stock ticker and its dead center, you know to stay away. If you look and its in the red area, and both zones are sloping up, buy it for a short term trade.
Almost like you don't need to even know what the company does for business. Make your money and move on and don't look back. You then check Macd and rsi to see how long you should stay in the trade.
Also they say the stock chart preceeds fundamentals. For example, I bought aapl as a risky play thinking it has to go up and ignored all my charts this last time they gave earnings. Well, the charts were right and aapl did not "surprise"
One hour to go...hope he's got some good info to spill
:thumbup::pimp: