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albert
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Starting it off.

Al
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rat89
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start small...
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rat89
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rat89
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as of the close Friday:


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rat89
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AL
albert
Rep: 99
Posts: 3,094
rat posted,

start small...

That sounds like sound advice that I should adhere to.

Al
AL
albert
Rep: 99
Posts: 3,094
Paper trading . Lost a bit on FNSR and OSK. I am slow on the pickup. Made up for it on NFLX. Net positive.


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Al :--)
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rat89
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trade the shorter time frame with an eye to the larger timeframe for context. Reduce size the larger the time frame....hard lesson to learn...

Originally posted by albert

rat posted,

start small...

That sounds like sound advice that I should adhere to.

Al
RA
rat89
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Posts: 7,015
nem 15:

The red trendline on the 15 minute gave a double 1.27 at 36.74, where:
36.44 - 35.50 = 1.27 at 36.69
36.66 - 36.30 = 1.27 at 36.76

Meanwhile, given the intraday low at 35.86 this morning the fibs have lined up to give:

37.35 - 35.50 = .382 at 36.21 (.447 at 36.33)
36.74 - 35.86 = .382 at 36.20 (.50 at 36.30)

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AL
albert
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Posts: 3,094
Thank you rat, for the advice. Awesome charts as usual.

Al
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rat89
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revised gld 60 - green upper line met blue upper line at fib .942 = 122.82. It has the look of an impending breakout, and the gold bugs are very excited.

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AL
albert
Rep: 99
Posts: 3,094
Made a bit on JPM long. Lost some on CSCO short. JPM had a "Beauty and Simplicity" oh the 2 hr, and price also contacted the 200 sma. at the 0.886 fibo, CSCO also had a "Beauty and Simplicity, I but exited with a small loss. Overall profitable, both trades.


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Al