Analysis by Neutral Guy

fast stoc showing ominous signs .. if it confirms (in a few secs) a nice fall is possible ..

total holding 200 contracts short

mishwar
 
Mishwar , my chart has just formed a twin peaked areola with a very thick v formation below which should serve as a good entry point. I think this should cause a sudden prolonged rise. Any comments on my chart would be appreciated. I find your teachings to be very interesting.

Rennick
 
Quote from William Rennick:

Mishwar , my chart has just formed a twin peaked areola with a very thick v formation below which should serve as a good entry point. I think this should cause a sudden prolonged rise. Any comments on my chart would be appreciated. I find your teachings to be very interesting.

Rennick
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Thanks Bill. For the time being i am bearish.. remember im a scalper and try to run my winning trades (which may become swing trades even). im not v clear about your system. but i do feel a rise later to 1306 is left .. but i dont look at the market that way .. i look at patterns and then take my bets ..

thanks again
mishwar
 
i now hold 300 units of s n p 500 index short at around 1303.5

good level to be short for a scalper .. i inted to follow it .. with a decent tight stop

thanks
mishwar
 
the rise that is going to take place now .. is very crucial ..
a failure at the top is what i am looking for .. to take real serious positions ..

im trading with yahoo finance charts .. v slow dial up line .. i think im doing fine so far. .. today all trades in any 15 min segement were successful

mishwar .
 
Quote from William Rennick:

Mishwar , my chart has just formed a twin peaked areola with a very thick v formation below which should serve as a good entry point. I think this should cause a sudden prolonged rise. Any comments on my chart would be appreciated. I find your teachings to be very interesting.

Rennick
More...

Is that one of those Adam on Eve bottoms?
 
the reason why im posting here and not on chat is that i intend to keep it for serious study for students and also so that i can see for myself ..

keep it honest by typing every trade so far ..

thanks
mishwar
 
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