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  1. S

    What kind of Edge you have?

    :( I just googled them, and it's all about daytrading futures. I swing trade stocks. Ah well...I'll be discovered some day.
  2. S

    What kind of Edge you have?

    Send them to my Journal...I want to work in the financial sector. Unfortunately I can't post during the weekdays for the next week or so because I'm an engineer and I am in the field working on a project (which really sucks in this heat). Finding the time to access the markets and blog about...
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    What kind of Edge you have?

    Markets can only change so much and still be markets. There will always be greed and panic. Price action, IMHO,...especially when coupled with volume...is just a way to spot where the fear and greed start to take over. I honestly believe they can even spot insider trading too, but that's...
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    Vix and how it's misinterpreted

    You're right, I don't know whether it is correlation of causation. You say it's 81% correlated, so I presume that is the answer, but causation seems like a plausible answer too since dropping prices cause volatility to spike because the trading range increases (like inside in a Bollinger band)...
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    Vix and how it's misinterpreted

    Here's the funny thing. Plot VIX on a chart. Then also lay a plot of a contrafund of the broader market, like TZA or SDS on the same graph. You'll see that VIX goes up when the market goes down. Like clockwork. I tried to make money on the differential, but it happens so quick I couldn't do...
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    What kind of Edge you have?

    Agreed that three of the edges are the same...I didn't know which one to click. My "edge" is passed on price action, which forms patterns, and which I review in candles. I disagree that TA can not predict or see in the future with any degree of certainty. I might be arguing semantics here...
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    Smart Money's Swing Trades Thru T.A.

    Looks like I missed an ugly day. I was seeing the market turning negative, an opted to take the money and run instead of put in trailing stops waiting for more. Right now I'm not in anything. Looking at the market now: http://stockcharts.com/h-sc/ui?s=SPY&p=D&yr=0&mn=3&dy=0&id=p60547940658...
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    Smart Money's Swing Trades Thru T.A.

    Had to sell my positions in WAL & GPRO because I work a day job and I have to be away from the computer. I had a third position in COKE that popped nicely overnight, so I thought I'd just sell all positions and keep a small profit for the day since I'll be out.
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    is it bad to chase?

    If the price is rising much faster than normal and Volume is rising super fast, it's a spike. Where it will end will always be the hard part. That's why many traders set a trailing stop, and tighten it as the price goes higher and higher. Here's what I suggest. The stocks that are most...
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    is it bad to chase?

    You've figured out the behavior of the stock. Unless the behavior changes, don't bother with it. If it broke out to the upside, then...maybe...chase it. But the high volume at the price spike already tells you that there is resistance to it breaking out again. Find a stock with upward...
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    Smart Money's Swing Trades Thru T.A.

    Just bought GPRO for $62.63. Seems to be going sideways to up, and I should be able to squeeze 1% out of it either way because it's kind of low in its sideways trend. Here's a chart: http://stockcharts.com/h-sc/ui?s=GPRO&p=D&yr=0&mn=2&dy=0&id=p65596270288 Just picked up WAL too. Nice...
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    Smart Money's Swing Trades Thru T.A.

    This one will be good to watch for a re-entry in the next couple days. I'll also be watching SBUX for a re-entry too.
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    Smart Money's Swing Trades Thru T.A.

    Pigs don't make money. Just tripped my sell order...made almost $1. If you played along, congrats.
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    Smart Money's Swing Trades Thru T.A.

    Geezus...up 79 cents now...can't blog fast enough. :)
  15. S

    Smart Money's Swing Trades Thru T.A.

    Up 50 cents from when I bought it. I think it'll cross over $96 at some point today.
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    Smart Money's Swing Trades Thru T.A.

    Yeah, I think we're seeing a candle today similar to the one on July 13th on this chart (below). It wants to repeat a cycle. http://stockcharts.com/h-sc/ui?s=FB&p=D&yr=0&mn=3&dy=0&id=p59827263877 Daytrading it or swing trading it...either one...might make sense here.
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    Smart Money's Swing Trades Thru T.A.

    Just bought FB premarket. My reasoning is that it's above a well-fitted moving average, and today should be the third day in a row that it's up judging from its morning prices and the overall market's prices. Right now, the market is in the center of a well fitted Bollinger band and it needed...
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    I just dont get it !!!!

    What about momentum trades? Surely these good traders aren't going against momentum just to steal my lunch money, are they?
  19. S

    Smart Money's Swing Trades Thru T.A.

    Now I'm in nothing. I'll wait until tomorrow to see where the market is going. Looks like down, but its still twisting in the wind so I can't know for sure.
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    Smart Money's Swing Trades Thru T.A.

    Chickened out and sold SDS early at $20.40. It was up almost 1%, but I bought it so high yesterday I felt some relief...got out about even. Edit: My bad...it was up only about 0.83%
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