Can you read a chart?

[Ripley]

BUY on the pullback...

 

[apex82]

whats the verdict?

 

[traderyin]

More!

 

[wareco]

Quote from apex82:

You cant pick a better one then that? Its in a huge range. I would have to say buy hand over fist and go for a nice run. It may move a few ticks lower first.

Well, at least I know you are not cheating.

http://www.ttrader.com/mycharts/display.php?p=41608&u=wareco&a=Wareco's Chart Reading&id=1774

 

[traderyin]

Quote from wareco:

Well, at least I know you are not cheating.

http://www.ttrader.com/mycharts/display.php?p=41608&u=wareco&a=Wareco's Chart Reading&id=1774

Explain

 

[joepepper2001]

Quote from wareco:

I'm not a swing trader, but as far as AMLN, I'm flat here. I think it wants to consolidate. I need to see it 40 or better before I go long.

i'm only in for 2 contracts, trying to catch a double

I think i'll start a thread in the journals

200.00 to 100,000.00 in a year catching options doubles

don't want to take over this thread

 

[cashmoney69]

that chart had no trend, why would anyone buy it in the 1st place.

 

[apex82]

Quote from cashmoney69:

that chart had no trend, why would anyone buy it in the 1st place.

exactly... that is why the buy had the best risk to reward stop real close below those lows.