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I always gave the "triangulating" alert when I was logged in during the trading day. It's someone else's turn :p Today was pretty cool because there was a descending triangle that failed to break out (turning into a bullish ATM setup), and then the later the one that broke out. So...

Apple's trading in a wide range, drifting downward, found support and may get back to the top of the down channel/20-day moving average (around $340) before they report earnings on 4/20, if the overall market complies. Apple tends to move with the overall market. You won't be in a state of...

I sim traded for about 6 months, lots of counter-trend strategies, and I learned what was not good for me to do (don't fade moves in CL, don't average down, don't trade without a stop, and don't fight the trend unless you enjoy wasting time and money). Then I worked on trend-following setups...

Last half hour before pit close can be very volatile. Price can jump back and forth half a point for no apparent reason. Great trade there, nice timing!

Even though they work over and over again, I'm always surprised when these obvious setups right out of Trading 101 work over and over again :p So what you're saying is you caught the first push, then didn't close your porn window in time to get the re-entry order in? :p I traded it in two...

I took a very nasty hit with POT as a new trader because I moved my stop loss to a deeper breakdown level instead of taking the small loss my initial stop would've given me. It was the difference between an $800 loss based on my initial stop (which I had the sense to place at a level that...

I see you wisely padded your order a few ticks to ensure a fill :p :p

I was informed that 105.60 was an exact level off the 3/31 60-min chart (which I didn't have access to). My friend who informed me of this had a limit in place @ .60 that didn't fill. You gotta pay those extra pennies if you want a fill :p

Picaso you can't take that kind of heat on a trade and then exit for b/e! :D

Streaming News Alert: Brent crude futures may be poised for a 17% pullback in the coming months, after closing last week above $126 a barrel, because of ample supplies and spare capacity from major oil producers, analysts at Goldman Sachs sad Tuesday. There was ample supply and spare...

Careful, the trend is showing signs of a reversal.

I had a counter-trend swing trade once on a stock where I came to that realization $6500 red dollars later :eek: For all you counter-trend traders who know that price reverts to the 20 EMA 100% guaranteed, your 100% guarantee is now being realized! ADD: That moving average definitely can...

Yes, thanks!

Yes I have the daily levels, was hoping someone had some 60-min bar support levels below 106.00 so I have an idea where to target the shorts. I'll just trade by "feel" on the targets :p

20-day EMA trying to hold here.

Does anyone have interim S levels between the LOD here and 104.12? My 60-min charts don't go back far enough.

Someone PM'd me asking what this means and I realize it means nothing, because it should say "is NOT a short setup" :eek:

Be sure to ask nic if her hoodie's pulled over her head or not; that's a key indicator, you know! :D

Because he trades options and scales into stock trades with fairly large size, the slippage and commissions will eat whatever profit margin that slim win rate would provide if average winners/losers were equal. That's right, anything can happen, and the best setups can fail. That's what the...

That's what I thought, too, but I guess it's not 100% certain any more :confused: :eek: :confused: