Charts

[10:55] <Brandon> basically successful trading is about doing the same thing over and over and over again
[10:55] <Brandon> until you are so bored of it you could cry
[10:55] <Brandon> then doing it some more
[10:55] <Brandon> what I like to focus on for the most part are gaps
[10:55] <Brandon> Gaps have a tendancy to fill in
[10:55] <Brandon> but those gaps that do not, by going against that trend, are showing a lot of strength
[10:56] <Brandon> they are proving themselves to to be the strongest stocks of the day
[10:56] <Brandon> the best names
[10:56] <Brandon> and the ones that are likely to produce the best results
[10:56] <Brandon> you can see here with TKLC that it gapped up on the open and then was very strong
[10:56] <Brandon> since then it has pulled back
[10:56] <Brandon> and has now based for some time
[10:56] <Brandon> this basing is a "resting" period
[10:56] <Brandon> which gives a stock a chance to cool down
[10:57] <Brandon> after a stock has ended a rest cycle
[10:57] <Brandon> that is when it is most often likely to experiance a run again
[10:57] <Brandon> so this is basically what I spend the day looking for
 

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[11:21] <Brandon> keep an eye on QLGC under 43.93
11:21] <Brandon> stops above 44.05
[11:21] <Brandon> very nice 5 minute bear flag
[11:22] <Brandon> one of the weakest stocks in the market

 

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[12:22] <brandon> QLGC traders should be taking 2/3 off. Stops to b/e on the balance. Look to hold into the close. Trading 43.52
 
being a sponsor shoulnt give one the right to use elitetrader as a filesharing tool for charts. posting those pictures is of absolutely no use for anyone, as long as he/she is not in your chatroom.
there are lots of other ressources you can use for posting annotated charts (btw - why not your own website?). any other non-sponsor-elite-member would have been told to stop this thread.

just my 2cts...

kev
 
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