Search results

Yesterday got down to the bottom of the panic zone channel, so I covered 1/2 the position at 40.15 (ACB 42.25). Still short the other 1/2 with stop at 42.25, just in case. Will wait for a trendline break before going long.

This is one of the rare cases where i adjust the stop away from the market. Pre market it was obvious I was going to get stopped out. I moved the stop to 44.01, just in case we had a pop + drop. I have a feeling that once OE is over, things are gonna fall.

On the break of the 15 min chart. ACB is now 42.25. Cover above 43.35.

Sold at 42.25, booked 0.75 profit. Shorted on break of 41.90. At 43.35, it did tag the upper edge of the panic zone channel, so its valid to look at shorting.

attached

stopped move to 42.25. Working off the trendline formed from the lows.

stopped moved to 41.50

stopped out again, long at 41.50. I'm going to try and sit on my hands and let this ride as long as i can. Stop is at 40.40

reveresing position at $41, now short.

Thanks John. Yep I'm in canada. Are you a canuck?

http://www.theuptrend.com/tutorials/paniczones.html You can get a 30 day free trial here: theuptrend.com The site is more geared towards swing/position traders.

Panic zone is a chart offered by the uptrend.com, it looks like this: http://www.theuptrend.com/Our_story_images/goldpz.gif I am using the smh 60 min chart (available only to subscribers). The chart is created using spectral analysis projected back into the time domain so that we might...

Covered at 42.15. Going long at 42.15 stop is below yesterdays low.

And loving it Now got a pretty good trendline to work with. Will cover and go long on a break http://quote.prophet.net//applets/javachart/printGif.jsp?id=http://bravery.prophet.net/TemporaryFiles/JavaCharts/87.1075338820619.print.gif&scope=common&host=prophet.net

VNC can probably help you out.

yep, I subscribe. He offers a great service, with a slant towards canadians.

seriously though, Save your money. If you want to learn from a local toronto trader check out theuptrend.com Stephen Whiteside is a great trader, who gives great value for the money (which is only $150 per year).

Have I got a deal for you... For $500 I'll teach you everything you need to know about trading. Support,resistance, trendlines and risk management. Or you could just use the search link in the upper right corner:p :p :p

http://groups.google.ca/groups?hl=en&lr=&ie=UTF-8&oe=UTF-8&frame=right&th=22351963a7854b5b&seekm=J7ri9.2665%24xp5.2374526%40news.alltel.net#link1

Some sort of serious disease, I think cancer. Read about it on the wealthyboomer.com forums.