Recent content by RXT

Sold CBEY this morning with a nice profit :D Thanks to everyone for the provided information!

I did catch CBEY today and so far I'm very happy with it. It is well above peak volume already and so I'm not too sure what to do. I remember to read that normally one can get a better price if selling the next day at the open, on the other hand price is supposed to go down again after...

Ok Spydertrader, I hope you can help me out with these indicators because I'm still not 100% sure how to interpret them. MACD: You circled the MACD at the opening. What can I read there, or what's different here compared to other areas throughout the day? Stochastic: Ok we have the K...

Did anyone catch GIGM today? I nearly bought it just before it blew off, but then I hesitated and my attention was drawn to another stock. When I came back to GIGM it had already 4% plus, so I thought I'm not gonna jump in anymore :confused: Now I would like to kick myself :mad: That...

Buying which one?

Could you give me some information on how you identified this trade. I still have difficulties with the rocket setup. I basically understand that on a rocket the stochastics are running alongside the 80 line, we have macd positive and volume increase. I have also seen pictures posted in this...

Yes I can remember that post. That's why I asked again, to see if anyone else has made similar experiences. In my opinion it makes sense to sell if AVDU by 11:30 has not been reached as this is one of the fundamentals on which the strategy is based on. So when volume starts to drop off again...

Well, it seams EZPW was a false break out. Volume does not increase a lot and price is starting to come down. Do you normally sell stocks you buy on LBDV if they don't reach AVDU by 11:30 or do you wait till EOD? I mean, if it looks pretty much as if EZPW for example would not make it to FRV...

Same for me :)

Did anyone catch FTEK today? I was watching it in the morning, but there it apeared to be a false breakout. Just now I had a look at the stocks from today and saw, that FTEK picked up on volume in the afternoon and even reached FRV today :eek: Well, I guess I missed out on that one.

Spydertrader, I'm amazed by your ability and your patience to support and teach others in this forum. I must say, that your journal is probably the best I have ever come to read and it is really a pleasure to do so. Thank's a lot for your efforts and keep up the good work :)

The thing is that english is not my native language, so reading Jacks too long posting is twice as hard :eek:

Thank's a lot. I read that thing a while back alread, but I think you have to read it a couple of times to get the deeper meaning. Anyway, I think I figured out the idea behind the second derivatives, as they are supposed to visualise Jacks principle of price and volume relationship. Is...

Can someone point me to a posting where the idea behind the second derivative is somehow explained? I did a search already, but could not find any detailed explaination. I just found dougc's posting about how he calculates it, but I would like to understand the principle behind it and how one...

Well, I just started to use Interactive Brokers as my provider and I think it is very wide spread. So I will probably use this one as my source of real time data for the moment. Spydertrader is using MB-Trading as far as I know and I don't know what source the other users have. What is your...