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Yep. Good trade. It all comes down to money and risk management. No matter how good the strategy is, without it, no strategy will survive long. Hold the winners and lose the losers are still working today.

15.50 was a long-term support. So far it held despite a strong down gap day. Let's see if it can take it up and fill the gap. <a href=http://torero.vecino.com/modules/newbb/viewtopic.php?topic_id=27&forum=2><img...

Wouldn't short here, it's near support and with all-time high, means no resistance above, anything goes. Although near-term target is 36.5. <a href=http://torero.vecino.com/modules/newbb/viewtopic.php?topic_id=28&post_id=40&order=0&viewmode=flat&pid=0&forum=2#forumpost40><img...

This is just an example since they are many ways to manage a position as exiting is a complex strategy, I think more complex than entries. I normally have 3 exits: a stop loss, a target profit, and a moving profit stop. First entry: stop loss. The trade goes against me I'm out immediately...

For people using TA, it is not about being right or wrong. It is not only about finding direction of the market, but also finding objective risks and rewards and proper position management. In YHOO, it didn't go down to 18, so what? I still got out at 23.5 from 25.15 entry. IT'S NOT ABOUT BEING...

MP is just another way to find resistance and support through volume confirmation in addition to price confirmation. At least that's what's I use it for mainly.

is this a gut feeling or a stomachache or a woman's intuition? Gut feelings are not known to survive trading very long. Of course that just my indigestion talking :D

The stock is still bearish, I short it until it tells me otherwise. Reversals usually take a while to turn so why fight the trend? Maybe it's late but then again, going long and counter-trend trading is not a profitable method either. Not trying to compare apples and oranges but remember all...

maybe or maybe not. That's how the measurement came out. But I'll manage the trade to see if it can get there before flipping back up.

Charts will tell you everything you need to know about the company's health/rumors/buyouts. Learn chart reading. The Head-n-shoulder was confirmed near 25.00 in the weekly charts. Target is 18.00. <a href="http://torero.vecino.com/modules/wordpress"><img...

Oct 19...hmmm... sounds familiar.

Whatever the earnings is, if it can push with volume through the 430 and beyond, target it 550. If not then back to the bottom of the symmetrical triangle around 370.

slowdown, with streaming, then it can be for daytrading. Like I said it's been for swing trading but now they're offering streaming, so it makes sense for daytrading. efficiency, i'm just one trader, I'm sure they are tons of stops everywhere in the obvious places. But if it's above and get...

the buyout is already in the price.

top of the symmetrical triangle when the news of the merger broke. But no follow-through. Needs more volume to get this sucker past the resistance trendline. Odds are better that it stays in the triangle than break out above. <a...

Forget the news! The hype in the media hardly ever equates to direction in the chart. Watch the chart where the investors/traders are putting their money where their mouths are. News and prices are NOT positively correlated. Plus the in-crowd bought on rumor and is probably selling on...

slowdown, Yes very good service for swing trading, they plan to roll out streaming this month with forex and eminis. Try it out, I think they have a 30 day trial. jan168, 3% from the lower trendline. efficiency, I agree wedges are tricky because it's a counter-trend play, but I plan to...

slowdown, I use swingtracker (@ swingtracker.com). efficiency, I plan to wait for the confirmation, not taking a position just yet. I want to make sure it goes down at 3% before getting in. Target is around 40 if it does hit more 3% below the line. It's a tough call I know but I trade...

but not confirmed just yet unless it's a straight way down. <a href="http://torero.vecino.com/modules/wordpress/index.php/archives/2006/10/10/watching-akam-rising-wedge-for-a-short-entry/trackback/" border="0"><img src="http://torero.vecino.com/trading-charts/watching-AKAMAI-rising-wedge.jpg"...

It's still in a symmetrical so the breakout is not confirmed yet. Yesterday's candlestick tells the story. <a href="http://torero.vecino.com/modules/wordpress/index.php/archives/2006/10/06/short-goog-at-top-of-symmetrical-triangle/trackback/" border=0><img...