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    Learning to read Price Action with P&F Charting

    probalby should have taken a small profit on CLX when I had the chance, but I think it may come back. if not I'll sell when it gives a reversal signal.
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    Learning to read Price Action with P&F Charting

    Only two stocks I'm in right now Short PHG @27.25 Long CLX @62.84
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    Learning to read Price Action with P&F Charting

    Probably a good move, altho "freaked" is probably not a good trading strategy. :D You can always get back in on a pullback if you think its still going to go down more. I got lucky yesterday, since I work and don't have time to watch the market consistently during the day, I came in and saw a...
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    Learning to read Price Action with P&F Charting

    and this (but you have to wait 60 seconds to post the second file)
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    Learning to read Price Action with P&F Charting

    Not sure you can. Just put one with your post and another in the next post with a simple word to go with it,
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    Learning to read Price Action with P&F Charting

    Ha, You're right, but I'm still working on just being right consistently. Once I get better at that, hopefully picking the better movers will fall in place.
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    Learning to read Price Action with P&F Charting

    good call, but did you wait for the breakout and it already went to the bottom before you could short??
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    Learning to read Price Action with P&F Charting

    Not in a bear market http://stockcharts.com/def/servlet/SC.pnf?chart=mt,PLTADANCBO all but one of the longs I took since I opened my account have kicked me in the arse. Now I'm only going short until the recession/depression is over. one of my better trades...
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    Learning to read Price Action with P&F Charting

    even more interesting when you put in the Support line. Should be good if it goes a couple boxes below the extended blue line then gives a breakout down. Not sure I'd bite on the first bullish breakout in this market. ( Now that I'm on record, it will probably skyrocket up) :p Been working...
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    Learning to read Price Action with P&F Charting

    Words to remember. (I didn't until now)
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    Two words will put this country back on track...

    You're kidding right?? Mobocracy is the worse type of government there is. If the majority of Americans think we should hang all traders & speculators because of this, it could become the law of the land.
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    Learning to read Price Action with P&F Charting

    Did everybody give up? this thread sure went dead. couple things I've noticed about p&f. doesn't matter how good the signal is, how it is doing against its sector or one of the indexes, a bear market is still a bear market. I'm sure this ties in to bulllish percentage altho I am still...
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    Learning to read Price Action with P&F Charting

    I may be wrong (may heck, I usually am) but I got a feeling with the bailout deal off again, tomorrow may be a wild ride.
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    Learning to read Price Action with P&F Charting

    Hope you get things up and running HG. Sounds like a tough place to be right now. Guess thats why I like the cold miserable north.
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    Learning to read Price Action with P&F Charting

    Of my two low volume stocks, LSR went up pretty good today, so it more than cancelled CCIX out. but you are probably right, in the long run. Some stocks just seem to go against the market. What is your breakoff point on volume Yayt? 1M?
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    Learning to read Price Action with P&F Charting

    LLY Short trade I almost took couple nights ago. Was a good signal, but news about FDA decision due this week resulting in a predicted 10% gain or loss scared me away. Been going up ever since. Any opinions ?
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    Learning to read Price Action with P&F Charting

    :D Just for $hits and giggles, one of these days I'm gonna short all my buy signals and visa versa. Ought to be good for a quick buck or two.
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    Learning to read Price Action with P&F Charting

    I am interested in Shorting, just not finding the good signals I am used to. most stocks have dropped so much its a straight line down.
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    Learning to read Price Action with P&F Charting

    thanks Ammo I am trading real small lots, just to test this in real time. Positions aren't down much, but they always drop right after I buy them. I just have to be patient and see where they go, up like they are suppose to or out the bottom. (two of the five I'm in are up and I expect...
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    Learning to read Price Action with P&F Charting

    I bought, so thats almost a guarantee its going down. Did you trade yesterday. One of the big problems I see so far with my system, Is I place my order at night, then go off to work before the markets open. If I would wait till the markets open, and see which way its going, then I could...
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