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POS couldn't even hit my target @ .14.

There's a high from yesterday dying to be tested. Gotta run all those stops at the very least :D :D My top call today is 100.21...

What a head fake that was. Breaks the symm triangle "with conviction" and bounced back so fast I barely scalped out a profit :confused:

All I can figure is price is at the upper channel line on the daily chart and none of the big players wants to be the idiot to buy the first breakout and get squashed like a bug :D

Log in BCE, if we talk about nothing for a while, we'll be sure to miss several great setups :D I did catch a piece of that drop, they snapped up .33 like pigs on slop

So I was taking some time off and decided maybe do some trading today, being jobs and all. What a POS, can't even find a valid setup to fit my rules on the 5-min chart, resorted to some 1-min scalping. Good luck day traders :eek:

Great journal, CF. From my own experience, live calls aren't helpful at all. They never helped me and when I made such calls, I found that the other traders will either not trade the same setup (they think you're nuts taking that position), or they trade your call and cut the profit short, or...

BIDU's chart looked like that in October 2010 and it ran nearly another 50% in less than 8 months. AAPL's currently undervalued. Their 2012 earnings are projected at $42/share, a 50% gain over 2011 earnings. The big tears come from shareholders in companies whose stock price runs to...

Cae, I think this route is much less expensive and time-consuming: :p

What's your angle here?

If you didn't buy that dip, you'll be snacking on dry chips again :p

Iceman, don't worry your head with all that complex "iron butterfly bull put spread call" options crap. Just buy and place a target somewhere higher. Just buy. Buy, buy, buy. If you wait for a dip to buy, you may never get in. If you're afraid you're buying at the top and might take a little...

Are you trapped in a time warp or is it me? Can I still sell NFLX @ 300.00??? :D

Energy or currency futures + 5-min time frame + 1-min cross-reference + pure price action (which by its very nature cannot die in a global auction) = Not only alive, but kickin' butt!

Yes, that's what my trading plan is based on, ID'd reasons for price swings. But I don't care about price running back and forth in the middle of a price bar that hasn't closed yet. It'll either hit my stop loss, reach my target (where I can choose to hold for more), or hit a set of...

No, no, you're mistaken, I'm into sexy PA, would never marry someone who "fibs" :D

Have a plan with rules for: * What constitutes a valid setup * How a trade is entered (stop or limit order) * How risk is managed * How profit-taking is managed Either write the reasons within your plan for each trade you're about to put on, or state the reasons out loud. Teach your...

OK, so we posted the same idea at almost the exact same time this morning. What I want to know is whether you're using classic TA or Picaso's Magic 8 Ball to trade? :p

We have to hit 42 or Picaso will like EMG better than me :eek: These kinds of days have to drive you guys nuts. Huge run on the news, bull flag breakout @ 36.25 and you have to sit on it all day. :(

Hey Yogi, I think Boo Boo's holding a swing short on the ES from 1199, now looking for day traders' calls to get him out of the heat... :D :p :D