No girl, just lot's of studying other people's charts, and reading their blogs. Plus watching video's… the chart pattern trader is great at teaching. His link is in my blogroll. Check him out… he's goodl
Is there a book / reference etc that you use to tie these charts together for the MACD, stochs etc knowing what to look for on the weekly etc to predict what will happen on the daily ?
We are in a Full Moon Trade, generally positive for TNA. This trade ends at the close tomorrow. [ After ten days, the trade is DOWN 1.4% ]
Tony (man has no last name) says this Full Moon bullishness is canceled out by the Jan 15th Solar Eclipse, creating a Panic Cycle. His Panic Cycle seems played out (particularly today), but runs until the close tomorrow.
RVX (VIX for RUT) fell all day, closing 8.6% lower.
Based on the very large green candle today, closing near the high, there looks to be more upside for TNA tomorrow. (Looks lately have been the opposite of what actually happens)
we currently have 2 consecutive gap downs on the SPY so a 3rd in a row tomorrow would be too much of a tell for the coming gap on tuesday because the SPY rarely ever gaps down 4 straight days
Red, there is no easy way to learn it.
No girl, just lot's of studying other people's charts, and reading their blogs. Plus watching video's… the chart pattern trader is great at teaching. His link is in my blogroll. Check him out… he's goodl
LOL 🙂
Is there a book / reference etc that you use to tie these charts together for the MACD, stochs etc knowing what to look for on the weekly etc to predict what will happen on the daily ?
TIA …
World events dominate 🙂
School of hard knock…
Great post Red – love how you tied this all together !!!!!
Can you share how you are “learning” this ?
“Looks lately have been the opposite of what actually happens” …ain't that the truth!
TNA closed up 5.0% today.
Volume today for TNA was normal.
We are in a Full Moon Trade, generally positive for TNA.
This trade ends at the close tomorrow.
[ After ten days, the trade is DOWN 1.4% ]
Tony (man has no last name) says this Full Moon bullishness is canceled out by the Jan 15th Solar Eclipse, creating a Panic Cycle. His Panic Cycle seems played out (particularly today), but runs until the close tomorrow.
RVX (VIX for RUT) fell all day, closing 8.6% lower.
Based on the very large green candle today, closing near the high, there looks to be more upside for TNA tomorrow. (Looks lately have been the opposite of what actually happens)
a gap down will mean they'll close the SPY @ 107.15 for the week and a gap up means they'll close the SPY @ 109.68
all this dancing for the last 5 months is because of the crash gap created back on the first week of oct. 2008
http://www.flickr.com/photos/47091634@N04/43490…
we currently have 2 consecutive gap downs on the SPY so a 3rd in a row tomorrow would be too much of a tell for the coming gap on tuesday because the SPY rarely ever gaps down 4 straight days
Just another Bear frattin', if you know what I mean.