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You have to love energy here. The number line in crude alone has gotten really solid quickly. It's extending too outta this nice flag. XLV is fantastic, and one I just learned about the other day is PPH. Very nice. Gotta love health!

Hilarious!

It's not a cup and handle

... each of which may be unique... (y'know, just to make it more complex) but seriously, in terms of intra-day, I've always had luck with the values Fisher had on his old website: 20-25% of the 30 day ATR Just start playing with the values, and you'll find what works for you.

Nice use of hash-tag there Shan. Seriously though, follow-through seems to be a four letter word for the last few weeks. Even when we do confirm A ups we're not running after confirmation, but rather before. Weekly levels have been nice places to lean against for daily and intra-day scalps...

Shan, perfect man, exactly what I was thinking/looking for. I do remember you mentioning this now that you remind me. Thanks a ton, hope you're having a great weekend so far.

It's the weekend, so I'm back tinkering with some information I've been able to get on the web regarding DDE, (the transfer protocol, not a ticker). Has anyone used DDE to connect think or swim directly to excel or access? I used to be an access nut in my former life as an IT guy and would...

For me right now it's about these number lines. Crude and NG look pretty good. Both were negative on the 30 day and are now turning positive. Especially impressive is oil, now at a 4 on my 5 day. That thing turned around pretty quick. Also has been holding higher while others are testing...

I trade from home, but I have a nice social network of experienced traders who have graciously helped me along the way. Remember, Fish says you need a partner at least. I also find that Twitter can be a great resource. Not so much for the heads up on trades, but more to give you a heads up...

Just to take the other side, while I appreciate that I'm blessed to have seen this thread, read the Logical Trader, and read everything I can get my hands on with regards to trading, new traders CAN make it. I started trading full-time last June, and I'm still here. Big thanks to everyone...

Against XOP?

Joe mentioned in his book that he tends to buy in the afternoon. Something that stuck with me. Of course there's the old adage, "the best trade made in the middle of the day is the one not made at all..." Today, makes sense. Impossible to read the Fed Minutes at 2pm, but probably...

Half expected an announcement from the FT at the close, (felt like one of those kinda days). NFLX hasn't tested it's weekly A down, (hanging near these highs of the week and showing some strength). Tomorrow is a small 3 day rolling pivot, and it's the third day in a row that the pivot has...

Yep, should see some clear leaders emerge after this earnings season.

It's interesting because we've been talking about this, and there seems to be a H&S there, and it seems to me like last Friday was our confirmation day. So to me, it feels like this, along with the gap hold in the SPY, (despite yesterday's weakness and tough report) and those number lines...

Hope everyone's having a great 4th. Some names I found as I was looking at longer term charts this morning: NYT, breaking out of about a 3 year downtrend, kinda interesting... off the recent news with regard to their venture into the PRC. LL, USG, and SPF, in the vein of strength we've...

Good call, I'm a coffee addict, so it's the first place I go. Thanks for the heads up Mav!

Coffee looking like it's bottomed perhaps. Something of a IHS forming there. Good news for JO, bad news for PEET, (ugly chart, maybe they don't hedge?).

IWM continues today. Looking to make the weekly A up, (currently holding above and confirmed the intra-day). NFLX acting well? Crude already at the monthly here! Watch this one, it'll be a trade whether it confirms or fails.

One last thing. Last fall I was talking up BMY big time as the XLV names seemed to do well before the market found it's footing in October. Many of these same names have been leading while the market paused this May/June, (Shan's been all over this). I didn't think much of it at first given...