Recent content by Chipdude

The fed by dropping the phrase "considerable" has indicated that the next move in rates is likely to be up. This in turn has to reduce inflationary expectations which would be bearish for gold. Gold dropped $16 after the fed announcement indicating that a rate hike cycle will be bearish...

Wouldn't buying Nikkei futures be a play on the appreciating yen as well ? Buying the Nikkei at around 10100 levels may not be a bad idea.

The way the NASDAQ, S&P etc are blowing past resistance makes me think the US began a new bull market in March as opposed to a bear market rally.

I trade stocks and typically have 5 positions on at the most. I am willing to risk 2 % of equity in each position so if there are no gaps etc over my stop I am willing to take a 10 % drawdown with 5 positions. This would not change whether I had 100 K or 1 mill. chip

Does realtick have fibonacci levels in their charting package ? Thanks Chip

His service is pricey. (2000 for 6 months) But how good are his calls and whats his timeframe. I read somewher that Bob Brinker called the bottom to the day. Thanks Chip

Hi I have some TC2000 scans like stocks breaking out of a 7 week base on Volume twice that of 50 day moving average volume. I would love to run this scan realtime. Can I do it in tradeseeker ? What feeds does tradeseeker support ? Thanks Chipdude

Hi I am searching for Toby Crabel's "Day Trading With Short Term Price Patterns and Opening Range Breakout" all over the net but couldn't find it. Someone is selling it in Amazon for over a 1000 bucks. I am wondering if anyone knows how I can get a cheaper copy. I have it pre ordered at...

Hi With my TC2000 , I can scan the entire market for my specified criteria. If I run metastock or amibroker with an esignal feed and my scan spits out more than 50 symbols, how would that work with esignal's 50 symbol limitation.

The gold mining sector has had an incredible run in the past few months. I was wondering if any of the scans picked it up. I am talking about stocks like DROOY, KGC, BGO, GFI, HGMCY , RIC, CBJ as well as some of the silver miners like HL, SSRI, PAAS. Thanks

Hi The usual suspects and knockdown scans show a stock breaking out or breaking down after a period of consolidation. What is the minimum period of consolidation that you look at ? Do you also combine the scans with other indicators like MACD divergence etc that is if a stock pops up...

So far 67% bearish sentiment. Market can squeeze higher Where did you get the 67 % bearish sentiment numbers ? Isn't the VIX indicating excessive complacency ?

Thanks. In your book "How to take money from Wall St" you also mention that the stocks in your bottom fisher scans must meet additional screening criteria like average daily volume and trading range. Whats the average daily volume and trading range that stocks must meet for bottom fisher scan...

Hi Whats the minimum number of down days followed by an up day does it take before it shows up on bottom fisher scan ?

Hi I am wondering whether taking the "How to get started Day Trading" home study course is worth getting instead of attending the MW 4 day course in Denver. Its a lot cheaper and if there is not much difference in the material covered why not just order the tapes. Any insight as to which...