Automated Trading Profit > Afraid to Trade.com Blog » Surfing the Trend Channel on Monday

[Afraid to Trade.com Blog] Price then broke above yesterday’s high, triggering thoughts of bullishness, but that wasn’t mean to be either.  We formed a quick as lightning Bear Flag into confluence EMA resistance, but you really only could have caught that if you weren’t taking lunch and were glued to your trading terminal - in hindsight, it looks great but the odds of capturing the profit (and target) in real time were very low.

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[Free Daily Swing and Day Trading Stock Picks - Stock Charts - Education] Surfing the Trend Channel on Monday -- MrSwing: It seemed the doji at 11:15 which formed at the rising 50 EMA was a good buy - and it was from a risk-reward standpoint - but ultimately price failed to make a significant swing up off that proposed support level, and found resistance at yesterday’s close (which often serves as important support & resistance).

[Metalhawk's Blog] 2 new scalp lines | Metalhawk's Blog: It indicates a level where price got rejected before. A line is placed there and should price break that line down the road, then a trade is taken.

[Stock Picks, Trading Ideas -- iBankCoin] Hot Dogs for Dinner | Stock Picks, Trading Ideas -- iBankCoin: Anyway, you now know why I don’t day trade. Too much manipulation on the daily charts and too much range intraday without breaking the long term trend for the government to fuck with to fill the central bank’s coffers with day trader money.

[My Blog] LoisList Archives: January 7, 2006 "Key Reversal" "Island Reversal" * * * * * * * * * * * * January 4, 2006 "Breakdown" * * * * * * * * * * * December 29, 2005 "Surge" "Market Crashed" "Mega-Trends" * * * * * * * * * * * * "Bull Fight" .

[StockTock] Intraday Commentary ~ 10/10/08 - StockTock: Technically, IMO today’s intraday this is a non trending day since we are still trading within the first hour’s range, so divergences have some importance since we are not intraday trending. Divergences are short lived and work themselves off over time, so if the expected move as a result of div.

[Expert View] Surfing the Trend Channel on Monday: UPDATE: Reader Dominick mentioned a Measured Move (AB=CD) or Bull-Flag pattern and I wanted to show that on the blog.  There were actually two Measured Moves (AB=CD), one being comprised of the other.  Interesting view with all the indicators turned off!  Though I don’t show it, the 2nd AB=CD pattern contains a fractal AB=CD pattern.  The CD leg of the first AB=CD contains its on micro-pattern.  Like Elliott Wave, bear flags and Measured Moves can be fractal in nature.

[Bill Cara] Bill Cara: Cara's Commentary & Community Chat, Fri., Mar. 7, 2008 ...: Not as easy to trade against the market except to the upside (shorting bounces) where I would be shorting near what are now resistance levels. Buying dips now has higher level of risk as you chance it not coming back to you in an overall negative environment where down moves can be more severe.

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