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Nice support on HD off the weekly. Need to have a + close though before I get real serious about buying.

A daily view.

Here are some price projections using median line studies. Price will most likely trade inside the blue fork. We probably wont see 50 any time soon if at all, but we might bounce off the lower fork line around 27.50.

Here is one, but its a bit old. http://www.elitetrader.com/vb/showthread.php?s=&threadid=85713

nice bounce on grmn today. Need more strong days like this.

GYMB nice too. A retailer like trlg, also needs to see volume off the long term median line.

TRLG needs to see support tomorrow off this blue fork line, or else this fork is probably useless, but long term still positive. I waited two months for this moment, c'mon trlg, make me proud you sonofabitch. :p

Still like UNH. Lets see what happens at todays open. Looks good on daily and weekly. Big bearish volume yesterday on a doji bar.

Update for TM. Another long term loser I've been holding and should have dumped a while ago. This effing market has a lot to do with why these longs are losers imo, but again I have a 25 pt stop way down near 54.6 . Pretty sure I bought this off the weekly, so why I went long on a bear...

Got stopped out on KO for 182. This time I did a better job moving up stops and managing risk. Looks like KO might make new lows..if not I might take a small bite.

Here is an updated chart for LMT. Been holding this sinse April, and noticed a few mistakes here: 1. I don't know why I choose to use such a wide stop. My stops 9pts wide @ 74.27, when it should have been at 82. The whole point of using forks is that they allow a trader to have very low...

Closed out my short trade in RIMM for 10,855.00 today. But I expect GRMN to stop me out tomorrow. My stops 10 cents away from todays close, so thats 3,000 up in smoke, and LMT aint lookin much better. Still aint bad tho.

For the last 10 years wal-mart has been trading sideways. See the monthly chart. Right now we seem to be in the middle of that range.

Starting to get annoyed with FCX and wondering how far its gonna fall. At this point its hard to tell but 45 will be a battle for bulls to maintain should we sink that far......And i thought buying at 70 was a bargain.

Agree. While having a macd or anyother indicator can be a good tool to help confirm a trade, many times you will find that you are getting a late entry compared to someone trading PA. Take this chart for example. Most here probably dont trade forks, but its a form of pa trading. My entry...

It's impossible to know if the trade we took was wrong or if the slide in the over-all market was the reason the trade didnt work. The multiple 100pt down moves in the dow doesnt help long positions no matter what stocks we own.

Well for some reason the browse button to attach files wont work on this brand new laptop. FML.

Got a few positions that arnt performing as expected: GRMN LMT MW grmn first: Probably should have waited for price to hit the lower fork line before taking the trade, because then I would have seen that price gaped down below the line, and I would have ignored it..but now over 1 month...

Thanks. I've seen your post on fx factory. I've been a member there for a while.

I have a large position myself in C, and been thinking about adding at these lows. The govt aint going to let C go under after the billions of dollars they spent keeping it afloat. Why arnt people as bullish on Oil and steel? China is said to outpace oil and other resource consumption than...