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As a follow up to using the 30 ema- which netted 27% in this uptrend period- trying a very fast 4 ema to see what occurs- The end result is the 4 ema approach had 2 winning trades- 1 losing trade and gained a much lower net 11% or so. The take-a-way in this period is that as long as...

A friend asked Why would I not do better to widen the stop to have abetter chance of the trade working out in my favor: My response was: Since you are willing to risk 4.1%, why not risk a little more to avoid the nearby gap to avoid being shook out? Since i am just entering the trade on a...

FOLLOWING UP -question on the specific averages ...... What one chooses is up to the individual as to periods applied-pluses and minuses for fast compared to slower will change in different conditions as well. Also would vary depending on the time frame- or the particular instrument- stock...

AS a follow up to CURE - frame 1 initial start- My assessment was that my simple MA entry and stop-loss would have been an absolute failure in that particular wide volatility- Looking at Frame 2- daily chart- There would have been 4 trades generated- 1 losing trade- 2 small gains-...

I Also agree . You have to allow the trade room to run to get the opportunity for it to go higher- A drop of momentum, a minor pullback, or sideways consolidation is a normal event- prior to starting this thread, I've made an effort to not react as i did in the past- despite minor...

A considerable amount of my recent 'success' is attributable to the trending bull market. A Bull market forgives a bad approach- carries it along with it higher- CURE is presently near an all time high- and notice the momentum increase as shown in the angle and the widening gap of the...

Thanks for the Input and caution Momo. This could be exactly why I do not need to be looking at the market in real time with "free Cash " LOL! I typically do not trade in individual stocks- Too much Risk - I also cannot short individual stocks because all of my trading is done...

BABA CHART- 2 HR CHART- NICE SMOOTH PRICE ACTION UP, MINOR CONSOLIDATIONS, A BREAK OF SUPPORT AND A SMALL DECLINE. I view this trade as a pullback in the uptrend- and a possible good opportunity for another entry- It could be this does not work out, decline may continue- Stop is...

On the other side of the conservative SPLV- back into Baba- 111.60 with a stop under 107 reportedly a bond issued- stock has started to move higher from it's recent decline-meets my "preferred entry" at this time-Risk is approx 3% initially on this trade

Took a partial position SPLV in a consolidation range.Cost basis $37.13 initial stop $36.60

Usually an EOD trader- caught this drop intraday weakness - raising the stop here on 1/2 the position- with a limit to repurchase same at $117.

Following up on a chart study of CURE- Cure went into a multi-week decline soon after starting off it's IPO and attempt to move higher- focusing more on the multi-bar decline had been using the weekly chart BY looking at a Daily chart of Cure following it's downtrend, and applying my typical...

Just a footnote on adding to Cure LAST WEEK while in the sideways channel- It did not move directly higher as i was hoping- It took a week or so- By adding to the position while it was closer to my stop below the consolidation channel, I narrowed my RISK - I was comfortable in doing this...

CHART OF CURE -FRAME 1- DOWNTREND TRANSITION INTO UPTREND- What I think can be learned from this Frame view- is that when price is strongly downtrending- it may take a considerable effort to get a trend reversal going- In this example- the 1st reversal try fails- but the initial criteria...

FOLLOWING UP ON LOOKING AT CURE: TAKING A VIEW OF THE WEEKLY CHARTS- w2 chart illustrates the various periods of price reversal to trend- and following pullback w3 illustrates just the turning points - where trend ended and declined and then resumed the uptrend- consider- that in the...

My 2 bits- You are a fast learner- You are getting a sense for that which you have not experienced- and are more cautious-You have the potential to be a survivor and not a quick causality- rushing in to flame out quickly. Granted- there is a certain amount of human drama in choosing to be the...

iN THE DTN POSITION- price is slowing and consolidating- a $75 stop will lock in some gains and give some room for volatility compared to the close.

FOLLOWING THE SEQUENCE OF A SINGLE MOVING AVERAGE, INTRODUCING ADDING AN ADDITIONAL MOVING AVERAGE- tHE ADVANTAGE OF MORE THAN A SINGLE MOVING AVERAGE IS THAT IT GIVES A SENSE OF PRESENT TREND- WIDER TREND- AND ONE CAN HAVE AN EVEN LONGER MA REPRESENTING THE RELEVANT WIDER TREND...

This following chart adds a moving average - I personally find moving averages useful as a graphic -something that helps me visualize what price is doing in terms of trend direction. A moving average lags the price action- it is constructed bar by bar when that bar closes- moving...