same here.. could you send me your contact ID via PM so that I can talk with you instantly ?
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What I'm Watching
- Thread starter xpertstocktrader
- Start date
gl
Position Trade
Date: 08/10/2009
Symbol: NUAN
Company Profile: Nuance Communications, Inc. offers speech-based solutions for businesses and consumers worldwide.
Sector: Technology
Industry: Application Software
Trading Strategy:
NUAN is trying to break up from consolidation on the weekly chart. It is third try and usually third try will be charm, but also we know what can happen if third try wonât work and because of that I wonât use big stop. It is âdo or dieâ situation and I will use stop under: $12.75. It can be tighter: under $12.90 and I will move it fast when I will see setup action. On the monthly chart we can see clear consolidation under 20sma resistance area what have tendency that resistance will be broken. $20 is first resistance area and depends on pace and volume I will look for target or partials.
Date: 08/10/2009
Symbol: NUAN
Company Profile: Nuance Communications, Inc. offers speech-based solutions for businesses and consumers worldwide.
Sector: Technology
Industry: Application Software
Trading Strategy:
NUAN is trying to break up from consolidation on the weekly chart. It is third try and usually third try will be charm, but also we know what can happen if third try wonât work and because of that I wonât use big stop. It is âdo or dieâ situation and I will use stop under: $12.75. It can be tighter: under $12.90 and I will move it fast when I will see setup action. On the monthly chart we can see clear consolidation under 20sma resistance area what have tendency that resistance will be broken. $20 is first resistance area and depends on pace and volume I will look for target or partials.
Chart of the week
Date: 08/31/2009
Symbol: GG
Company Profile: Goldcorp Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and operation of precious metal properties in Canada, the United States, Mexico, and central and South America.
Sector: Basic Materials
Industry: Gold
TRADING PLAN
Entry price: above 37.50
Stop price: under 35 (34.50)
Target: 50 areas
Chart explanation: GG forming weekly triangle and next try for break up will be third try and you all know that is one of my favor pattern. Setup above 37.50 is above last week high and it is âearly setupâ. If we will look for book setup then it will be above $40 (previous weekly high). Because of that I will start with half risk and then I will add above $40. GG all time high is $52.85 and on the monthly chart we can see that GG have room to reach $50 area what is price and previous high resistance area. Daily action is whippy and because of that it is good only for swing trade.
Date: 08/31/2009
Symbol: GG
Company Profile: Goldcorp Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and operation of precious metal properties in Canada, the United States, Mexico, and central and South America.
Sector: Basic Materials
Industry: Gold
TRADING PLAN
Entry price: above 37.50
Stop price: under 35 (34.50)
Target: 50 areas
Chart explanation: GG forming weekly triangle and next try for break up will be third try and you all know that is one of my favor pattern. Setup above 37.50 is above last week high and it is âearly setupâ. If we will look for book setup then it will be above $40 (previous weekly high). Because of that I will start with half risk and then I will add above $40. GG all time high is $52.85 and on the monthly chart we can see that GG have room to reach $50 area what is price and previous high resistance area. Daily action is whippy and because of that it is good only for swing trade.
hi,
Yes, I have some rules. I don't take any trade at least first 5 min. If will be open with gap then I will use gap rule) long above 5/15/30 min depends on action. Usually all my setups have support on bigger time frames (daily/weekly/monthly) so if I will miss one setup I will continue to watch stock for another opportunity.
Yes, I have some rules. I don't take any trade at least first 5 min. If will be open with gap then I will use gap rule) long above 5/15/30 min depends on action. Usually all my setups have support on bigger time frames (daily/weekly/monthly) so if I will miss one setup I will continue to watch stock for another opportunity.
Good Luck
Chart of the week
Date: 09/28/2009
Symbol: DNB
Company Profile: The Dun & Bradstreet Corporation provides commercial information and insight on businesses worldwide.
Sector: Technology
Industry: Information & Delivery Services
TRADING PLAN
Entry price: under: 73.70
Stop price: above: 74.59
Target: 70-65 areas
Chart explanation: DNB weekly chart coming to 10sma resistance area what is first moving average resistance area after strong gap down. I like to use 10/20sma for my setups and I use them as trend continuation indicators. Generally that mean Iâm interested for pull back from 10sma and selling continuation. It is reasonable that, if DNB will see setup, 10sma will be main resistance and I will move stop with 10sma. Also, if setup will go then it will be 3rd try to break consolidation after gap down (3rd try triangle).
Wish you all good trading!!!
Kind regards
Ivica
Date: 09/28/2009
Symbol: DNB
Company Profile: The Dun & Bradstreet Corporation provides commercial information and insight on businesses worldwide.
Sector: Technology
Industry: Information & Delivery Services
TRADING PLAN
Entry price: under: 73.70
Stop price: above: 74.59
Target: 70-65 areas
Chart explanation: DNB weekly chart coming to 10sma resistance area what is first moving average resistance area after strong gap down. I like to use 10/20sma for my setups and I use them as trend continuation indicators. Generally that mean Iâm interested for pull back from 10sma and selling continuation. It is reasonable that, if DNB will see setup, 10sma will be main resistance and I will move stop with 10sma. Also, if setup will go then it will be 3rd try to break consolidation after gap down (3rd try triangle).
Wish you all good trading!!!
Kind regards
Ivica
Chart of the week
Date: 10/19/2009
Symbol: GOLD
TRADING PLAN
Entry price: above: 76.200
Stop price: under: 74.00
Target: 80 - open
Chart explanation: GOLD trying to bounce from daily 10sma support area (brown line) and reached new high after breaking triangle. Iâm interested for continuation and I will look for long setup above Friday high. For stop we can use Friday low and intraday low (what will be case for now). If we will see gap down at Monday but still above Friday low I will still look for long trade on new highs. For start I want GOLD above 10sma on the daily chart and until will stay above it will be valid
If anyone have any question or need update feel contact me
Wish you all good trading!!!
Kind regards
Ivica
Date: 10/19/2009
Symbol: GOLD
TRADING PLAN
Entry price: above: 76.200
Stop price: under: 74.00
Target: 80 - open
Chart explanation: GOLD trying to bounce from daily 10sma support area (brown line) and reached new high after breaking triangle. Iâm interested for continuation and I will look for long setup above Friday high. For stop we can use Friday low and intraday low (what will be case for now). If we will see gap down at Monday but still above Friday low I will still look for long trade on new highs. For start I want GOLD above 10sma on the daily chart and until will stay above it will be valid
If anyone have any question or need update feel contact me
Wish you all good trading!!!
Kind regards
Ivica
Chart of the week
Date: 11/16/2009
Symbol: RKT
Company Profile: Rock-Tenn Company manufactures and sells packaging products, recycled paperboard, containerboard, bleached paperboard, and merchandising displays worldwide.
Sector: Consumer Goods
Industry: Paper & Paper Products
TRADING PLAN
Entry price: buy above: 13.55
Stop price: sell under: 13.20
Target: 14.00 â 15.00 areas
Chart explanation: I like cup and handle on daily time frame, what result with bull flag on right side. You know that I admin only three truly patterns but that is discussion for mentoring program. Anyway, weekly and monthly time frame support long side and first resistance will be $50 as number resistance area. After that resistance is previous high and new highs. If you look at monthly chart you can see that with good pace and volume RKT can turn in to position trade what can be interesting for long term traders.
If anyone have any question or need update feel contact me
Wish you all good trading!!!
Date: 11/16/2009
Symbol: RKT
Company Profile: Rock-Tenn Company manufactures and sells packaging products, recycled paperboard, containerboard, bleached paperboard, and merchandising displays worldwide.
Sector: Consumer Goods
Industry: Paper & Paper Products
TRADING PLAN
Entry price: buy above: 13.55
Stop price: sell under: 13.20
Target: 14.00 â 15.00 areas
Chart explanation: I like cup and handle on daily time frame, what result with bull flag on right side. You know that I admin only three truly patterns but that is discussion for mentoring program. Anyway, weekly and monthly time frame support long side and first resistance will be $50 as number resistance area. After that resistance is previous high and new highs. If you look at monthly chart you can see that with good pace and volume RKT can turn in to position trade what can be interesting for long term traders.
If anyone have any question or need update feel contact me
Wish you all good trading!!!