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  1. S

    long term position trading -primarily etf's-

    Thanks for sharing your opinion! I'll include volume on charts for a while to compare- and see if I can make a stab at any application-or interpretation - that would assist in guesstimating future price action that's replicable .But, i don't rely on many indicators- and I think a good...
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    long term position trading -primarily etf's-

    FINALLY- MCD- Interesting to watch what occurs- a very large gap move higher on earnings- and basing over the past week-
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    long term position trading -primarily etf's-

    PJP, SPXH TRENDING HIGHER - AT RESISTANCE- OUTCOME DETERMINES WHETHER THE MARKET FEELS THESE WERE OVERSOLD EARLIER- AND THAT THINGS ARE NOT AS DESPERATE AS ONCE MIGHT HAVE BEEN THOUGHT.
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    long term position trading -primarily etf's-

    lOOKING AT SOME DAILY CHARTS
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    long term position trading -primarily etf's-

    I missed getting filled - low was $70.08-I had intended my Buy-stop level to be activated at $70.00 with $70.25 as the limit. I apparently reversed the order ticket- thus making $70.00 the Limit and $70.25 the stop. Just Sloppy, poor business placing orders in a hurry. XLE closed up 2.5%...
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    long term position trading -primarily etf's-

    11.02.15 Nice when the market lets you feel that your calculated Risk is going to be rewarded. Markets are higher and each of my positions gained in value today-and all are in positive territory- I've got some free cash- thanks to losing in EEM and CU last week- and although both appear...
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    long term position trading -primarily etf's-

    HACK was a Ballsy entry for me as an intraday entry- I purchased as price was in decline for the day- but felt that the larger sector tide would come in to play- Which was up on the day. I then later added in on a higher move that increased my cost of entry- $26.32- I liked the hack entry...
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    long term position trading -primarily etf's-

    a CLOSER LOOK - 15 MIN CHART OVER FEWER DAYS Looking at the 15 minute chart - I can see Volume in greater detail- Note that price did Hold at perceived resistance for a day- where I initially sold. I cannot say that I have a "Eureka" moment here viewing Volume- The demand in the market...
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    long term position trading -primarily etf's-

    Sunday 11.1.15 On the home front- got the concrete roof of the storm room poured this am- and just ahead of the rain- which gave me an excuse to browse ET and to browse one of the closed historical threads for a few dozen pages-concerning volume -...
  10. S

    long term position trading -primarily etf's-

    Following up PJP- reentry 10.30.15 PJP did hit my "Target " price and paused for the day at that level- I expected that would be perhaps the top of a channel, and that price would pull back from that top level. That was not the case as price promply moved higher the next several days, and went...
  11. S

    long term position trading -primarily etf's-

    I added to the position at the close- Friday 10.30.15 as i got home with an hour pre close. Hack was up some today, while the markets were soft. This increases my position to 80 shares. Average cost $26.32- I was tempted to raise my stop to break-even- but i paused in doing that- just...
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    long term position trading -primarily etf's-

    10.28.15 comment- failed to ' post reply.'PJP actually moved higher today and broke through the perceived resistance - and i sold yesterday- and no free cash to repurchase- HMMM- I thought the pharma/biotech was going to continue to struggle in this preelection season - Fed signaled Dovish...
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    long term position trading -primarily etf's-

    Nice- PJP hit my target in spite of a weak market- sold $69.60- which was just below the recent range highs. On a promissing note- price closed above this level challenging the prior highs with a close at $69.90.
  14. S

    long term position trading -primarily etf's-

    I will include volume on some charts- as a potential element to consider if it is beneficial - some market GURUs qualify their trade suggestions to "BUY" if the stock moves higher on large volume- I essentially have an issue with waiting to buy and see a confirmation that the...
  15. S

    long term position trading -primarily etf's-

    I hope to get some additional time to actually do some "study" -Wycoff is a good place to start fresh. Sometimes we have to be ready to absorb what is placed in front of us- Or we don't see it or recognize it - This likely comes gradually with copious amounts of screen time. I found it...
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    long term position trading -primarily etf's-

    Education- Link to a stockcharts.com resource on Wycoff charting-market cycles. http://stockcharts.com/articles/wyckoff/2015/04/welcome-to-wyckoff-power-charting-with-bruce-fraser.html I actually just 'found' this series of articles - in blog format that interprets the teachings of...
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    long term position trading -primarily etf's-

    Friday trade Note- 10.23.15 some quick comments -I hadn't anticipated Intraday time to be available- on trading- but the market is finding strength - and we're in October- it appears the Fed is passive- and perhaps emerging markets are not going into a tailspin -total recession? Politics...
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    long term position trading -primarily etf's-

    Looking 1 day later at that Weekly chart- Point to note that the WEEKLY chart does not support going long today- Today's still intraweek bar has not concluded yet- but it would have to go much higher to look buyable . Taking a look at the next faster chart- the Daily would perhaps indicate...
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    long term position trading -primarily etf's-

    At home this Friday-Taking a few minutes for charts - Took a position back into PJP today bouncing off that "support level-"- yesterday- and finally moving higher with the rest of the markets- perhaps this will become the recent oversold bottom . I really like the price action of the...
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    long term position trading -primarily etf's-

    fOLLOWING UP WITH A WEEKLY CHART TO ASSIGN SUPPORT LEVELS BASED ON PERIODS OF PRIOR PRICE CONSOLIDATIONS- ALL PERIODS OF EXCHANGE BETWEEN BUYERS AND SELLERS. IMPORTANT TO REMEMBER THAT WHAT OCCURS INTRA BAR- IS OFTEN NOT WHERE THE BAR CONCLUDES- THE RED BAR ON 10.22.15 SHOWN INSIDE THE...
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