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GDX still looks undecided but poised to explode in one direction or another. For comparison I chose to look at the last time GDX had a massive move to almost 3x price from Feb 2016 to July 2016. At that time $USD was beginning a down trend. $USD has begun a down trend over the last 2 months...

Looks like ACHC took off for a 3% pop today. Never even made it to my proposed BUY price of $47.13 when I had the order in. Anyway, looks like my TA is picking up some gems. Just need to maximize profit now. Currently LONG CENX and SHORT GDX.

Added to position at $22.42 for full 1% position SHORT GDX. Average price was $22.4275.

Stopped out BOX.

SHORT GDX Premarket @ $22.43. Stop Loss @ $23.05. First Target $21. Second Target $18

So the price action today sucked toward the latter half of the day. Selling increased in tech/semis, healthcare which have recently been strong sectors. Selling was also reasonably strong in commodities as well as bonds. Trades that were significantly profitable have become barely profitable...

Thanks. Yep, very happy with that one too. BOX is retracing some of today's move so I will watch it closely. Actually, if I am going to be COMPLETELY truthful I also got into CENX at the open yesterday at $15.09. I am only admitting that now because I knew that since I didn't post anything all...

Yes. I almost always choose stocks with SCTR > 55 for LONGS and <45 for SHORTS. At the extremes >95 or <5 you will often see stocks that have already been in strong trends and are ready for a reversal so I usually stay away from those.

I have my own I have my own scans on Stockcharts.com. I like to look for stocks in trends as defined many different ways but a simple one is MACD above ZERO for up trend and below for down trend on longest time frame I trade - Weekly. (Its a bit more complicated than that, but you get the...

This chart looks very juicy to me as well. However, commodity sectors in general have not been doing well and show a lot of weakness when I look at the charts of other Commodities and metals. Having said that this chart is a stand out in that crap field of commodities. So a bit of caution is...

As time allows I will try to explain my TA rather than just post random charts. I like to see what I consider signals for trade entry to coincide on all 3 time frames. Weekly chart I showed in my 2nd post for BOX showed a rising MACD line breaking above ZERO line and bouncing off support...

When I was reconsidering coming back to ET I did see your post on that thread and I laughed. Thanks for the kind words VanZandt. How are things with you? Trading well? I hope you are not still shorting the entire market. LOL? You know I am kidding with you right?

If you read the first 2 trades one was taken LONG Friday before this thread and one is still unfilled. I also DID place absolute value stops and targets. My trading time is anywhere from days to months. This is not a day trading journal. So if you think I posted after I checked out the charts...

Second Trade is ACHC. I have placed a BUY order which hopefully will be filled tomorrow morning. ACHC - LONG @ $47.13 and STOP = $44.26. First Target = $55

First trade is BOX. I entered this trade on Friday near the lows of the day and thought this was an interesting chart and was one of the reasons I thought I should start a Journal to share this chart with people on ET. BOX - LONG @ $18.83 and STOP at $18.36. First target price $21.50 and...

I have been away from ET for some months now because I got sick of all the negativity and bashing of TA in particular from people looking to sell a useless book related to Surf. I think the anger I felt from these idiots was entering into my decisions in trading so I left. I dont know how long...

So shall we have a recap of this Trading Urinal?... We have 7 FAILED TRADES In a ROW. And the 8th ONLY winning trade after that is either about to be a losing trade or already is one. So he can not even take a profit when he has one. 205 pages of a Trading Urinal started about 6 weeks ago with...

Timeframe of the trade is a few weeks. Time frame on entry of trade is hourly chart. Order filled premarket.

When I enter I RISK 0.75% of my position on entry signal. If I get another entry signal prior to being stopped out then I enter another 0.25% risk.