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SPY WEEKLY RENKO- 2013-15 WHAT IS INTERESTING IN THIS WEEKLY CHART-? tHE WEEKLY BRICK HAS A VALUE OF $4.80 THIS IS THE atr OF 24. WHEN I CHANGE THE ATR VALUE TO 6, THE VALUE INCREASES TO $5.15- AND THE BRICKS SHOWN CHANGE- October goes from 4 to only 2 bricks, November gets a brick etc...

Hi Just- Agree- if you don't get to make use of something, and are paying for it - it's a waste. I make limited use of stockcharts, within the time available- Other sites may offer just as much- for less. What do you now use for charting? There's a lot available- commentary...

looking at a Renko chart of TLT- I was surprised at how much time could be squeezed onto the chart and still have it legible. I took the opportunity to include volume on the renko chart over the extended period (18 months +/-) and just illustrated the larger sell volumes. The larger...

Working this Saturday, but have some free time-and internet access! Following up on chart sites that show Volume- I found that http://bigcharts.marketwatch.com/ has a feature that- Interactive charts- click on standard volume box- cursor over chart- and volume is displayed along with price...

You are welcome Cmoss- I wish I had a more developed and finite approach to share-It's an ongoing process-destination unknown.....but if you can find something that is of interest from some of my ramblings, that is excellent and I hope it benefits you in the long run! I hope to...

Hi Swift- Yes, you are correct in your math as to why a new brick has not formed. I'm going to attach an example of Renko in this post- You can find the specific time frame, the ATR period (this is the # of periods in the past that are used to determine the Average True Range-- It is...

Hi Swift- I have TLT closing at $128.45 . The 2 hour chart gives a top brick value of $129.75 and the ATR value per each brick is $.75. Therefore, a 2 brick decline from the top brick value is -$1.50 . Once price goes below $129.75 - $1.50- a new red brick should be generated ...

Hi Swift- You are correct- I do not consider volume -in my trading- as a qualifying reason to enter or leave a trade. It is at best-for me - secondary- and often after the fact- confirmation when the HERD has become aware and entered into the trade en masse- I think it is...

At home today due to icy roads in NC.....At the close today, TBT was closing higher, and TLT dropped lower. I'll allow the 126 level- under the recent swing low- to act as a stop-loss for this recent entry. In Feb, TLT had a more substantial decline than it has had during the past year...

DEPENDING ON ONE'S 'VIEWPOINT' - CHART TIMEFRAME- ONE CAN GET DIFFERENT INFORMATION.

Hi Swift- Thanks for posting and the opportunity to respond- Most Day traders likely use much faster time frame charts to take their entrys and exits within the up and down swings that occur durring the course of a single day. A day trader that uses a 1 minute or 3 minute chart would...

While it is normal to talk about, and focus on the winning trades we make, we learn more by our losing trades if we take the time to set the negative emotions aside and recognize that if you don't have losers, you're not trading- The TBT trade- I was several late in taking this trade- but...

yELLEN SPOKE AND THE MARKET RESPONDED HIGHER. Tues 2.24.2015 I was filled .01 under my buy-stop order placed yesterday- Take it where you can. My buy-stop was well above yesterday's close- intentionally. I use the buy-stop as an insurance type of entry- that price at least has to move...

Yellen speaks tomorrow- Likely the market will get an interpretation- Might go one way and reverse the other- Raised the stop on TBT- put in a buy order TLT. The goal of the buy-stop is to get filled only if the trade rises enough in my direction to activate my order....... Financials will...

good article on SA on biotech/pharma http://seekingalpha.com/article/2915366-pharma-and-biotech-funds-add-zest-to-your-portfolio?page=2

PJP- Nice performance over the 5 year period . It was pointed out to me that PJP has a 5 star morningstar rating. http://etfs.morningstar.com/quote?t=pjp and is considered a 'defensive' exposure to the market- with 5 year average returns of 30%!!! Now that is a nice average return- Your...

fOLLOWING UP ON THE PRIOR SPY RETURN OVER 5 YEARS: Looking at the leveraged SSO- The net returns appear to surpass the expected return. Many leveraged positions sharply decline in value compared to the underlying- The SSO is a 2x fund that would appear to have returned in excess of...

2.20.2015 With a market rally today, i find i am positioned to go with the flow- Easy to jump on board something flowing with the tide! Nice to find you are already in the boat when the tide finally turns in your direction. All green in the IB account- except TBT flat. PJP- gapped up to...

You are welcome- Different traders have different ways they approach the market-That shared input challenges or causes one to think outside of what is normally a well defined channel we simply get accustomed to- because it is what we have always done and we are comfortable with it. This...

CONSIDER WHAT AN ANNUAL $5,000.00 INVESTMENT WITHOUT A STOP-LOSS WOULD HAVE DONE OVER THE PAST 5 YEARS. WOULD A 12.5% RETURN SOUND DECENT? WHAT IF $25,000 BECAME $40,000.00?