DU
Duane
Rep: 100
Posts: 1,095
Happy Fathers Day to all the fathers on the board. I hope you all enjoy the day. I will be spending the day with my son and his girl on lovely Lake Hopatcong as by next year this time it will be Happy Grandfather's day!!! Due on my my birthday Aug 7. I am thinking that she should be called Duana, however my son has other thoughts. :(
AL
albert
Rep: 99
Posts: 3,094
Duane,
Thank you. Your charts are awesome, so clean and sharp!
Al :--)
Thank you. Your charts are awesome, so clean and sharp!
Al :--)
Originally posted by Duane
Well done Al. I salute your diligence. Your charts are great!!!!!
Originally posted by albert
One more time, please. The conclusions I came to are based on only a few charts. I looked through a file of past charts with Gold Crosses, and found that the situation is more complex that I thought. No surprise. Sometimes price makes a Gold Cross, than heads down. I will try to come up with a better discussion of the setup. More later.
Al :--|
Originally posted by albert
Oops again. Paper trading. I did not have any options on ZYNE, just some stock. I do have some call options on GIS in my paper trading account.
My apologies again
Al :--))
Originally posted by albert
Oops. Zyne was more like a 40 percent rise.
My apologies.
Al :--)
Originally posted by albert
Just looking at my daily paper trading results. Two of my active winning long term option trades, GIS and ZYNE, have similar five features: 1.) A top, 2.) A Bottom, 3.) A Gold Cross, 4.) A fibo retrace to a significant fibo, such as 0.886 or 0.618, and 5.) a subsequent fibo retrace to the 0.300 - 0.382 area with STO OS, followed by a roughly 10% gain.
Al :--)





