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All of these are moving very well with the market with the exception of MEDI. Very nice setups. I would lock in some profits and start to use trailing stops. Brandon

This weekend the leaders of the "Coalition of the Willing" have been meeting in the Azores to try to find a solution to the Iraq crisis. It looks as though we are with in a few days of an end game to this situation, which should free the market up to move- one way or the other. B-1's have been...

From "Street Smarts" by Linda B. Rashke and Larry Connors. Page 2 and 3. "None of these strategies is designed to be a mechanical systems. Be greatful that they are not! If they were, a large fund would come int the marketplace and exploit the edge. It is estimated that over 90 percent...

Yesterday was the best day of the year for many people following us as we capitalized very well on the range expansion. At the open all systems where go and we pressed our edge. It was the widest range day of the year in the Nasdaq which brings up some particular issues the next day. While we...

We were using a mechanical system for the BAT program and that system had a stop loss in. When the stop hit we closed the program. Brandon

The news often provides a catalys for large moves in individual stocks and in the market as a whole. Most people, however, manage to lose big when they trade the news by buying good news and selling bad news blindly. This does not always work because the news does not mean anything in and of...

KRI downgraded to neutral at Merril. Good weekly support, look for buying. AET upgraded at SG Cowen. Huge up day yesterday into Resistence. Look for shorting opportunities. KBH beat earnings by 8 cents. The stock has rallied up to an area of gap resistence. Look for shorting opportunites...

As a general rule we are able to cash in on 1 to 3 of these large trend days per month, and today was definatly one of those. Chart: http://www.tradingfrommainstreet.com/trades/March13ES1.gif Our first trade of the day was a long in the Emini S&P500 right out of the gate. Convential...

Today I have been for the most part just sitting on my ass. I think that dispite the fact that we have a very strong downtrending action in place, most of the risk is on the downside as the market is pricing itself for the worst. I think that if anything remotely positive comes about, then we...

[09:46] <brandon> in this example, it ultimatly breaks lower into a downtrend [09:47] <brandon> however, this could have also been an accumulation phase and broke higher [09:47] <brandon> the only way to know what it is, is simply to see which way it breaks [09:47] <brandon> after the...

I think that the primary point of a chatroom should be the education of its members. Along those lines I really think that we offer the highest quality in that department along with profitable trades. Here is an example of an intro class that was given yesterday. [09:35] <brandon> The idea of a...

One of my favorite sections of our http://www.tradingscans.com site is the trending stocks section. As traders we are often looking for stocks in strong trends, and this section of the product will sort that out for you. It is devided into all uptrending and all downtrending stocks, which are...

Also had trades today in PUMA and the SP short, each of which worked out. The last few days have been extremely slow, but by being selective I have managed to do nicely. Today I had no stops, and overall the last week or so I have been profitable on nearly 80% of my trades, which is more an...

There are a bunch of charts on this one which pretty show you what I look at on an intraday basis. This is the action from a short trade in the SP500/Emini S&P500 late in the day. As you look at the charts you can see that the index had rallied into the area of some major 200 period moving...

I am going to bring the trading discussion from here back to my Gaps and Breakout thread for the most part and will take any trading related questions over there. http://www.elitetrader.com/vb/showthread.php?s=&threadid=14135 If you have any specific questions about TFMS or the products we...

Some-one had started a thread in the resources section about our service, so I have just been posting over there for the last several days. http://www.elitetrader.com/vb/showthread.php?threadid=14576 But from now I will just keep the activity over here again. Brandon

The first thing to see in SLVN today was the large gap up. The large gap put it on my list early to see what would happen. Stocks that can hold up and not fill in their gaps tend to be the strongest names of the day. Once a resting period occurs, in this case the sideways basing pattern, a...

Over the last several months we have been working with Jeff Semmel to develop our service at http://www.tradingscans.com TradingScans.com is the complete website for education and guidance in the understanding and use of Professional Stock Scans. It is designed for use by Investors, Day...

That is a great quote. Working hard and not hard and smart is probably the downfall of many traders. Most traders theorize that since they are traders, their job is obviously to push the buttons and trade. One of the switches in thinking I made that has made a huge difference for me is to think...

More waiting for war. I had a few trades today, 3 in the Indexes and two in individual shares. The three in the indexes did fairly nicely and most folks walked away with profits of between 7 and 11 points on the day. There is not really much of a chart to post for any of them - but my basic...