Charting & Technical Analysis for Stock Indexes Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Charting & Technical Analysis for Stock Indexes

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: macavity who wrote (75)	11/21/2001 1:37:04 PM
From: chartwiznyc	Read Replies (1) of 211

Macavity, thanks for your message, but dont think I look at it only for short term, works equally as well on any time frame, What do for people i train is HIDE the time frame & symbol & price on the charts & let them see the patterns only !..........hiding the info you cannot tell a 5 min chart from daily........bars are bars..............but ya anything non confirmation is perfet on any time frame We just closed our shorts on QQQ on a price divergnce.... here is the chat.......anyway thanks for your support [13:11] <Chris_Terry> 13:11:05 Possible divergnce from QQQ to SPY/DIA>............ [13:11] <Chris_Terry> 13:11:45 SPY & DIA made new lows & QQQ did not... [13:11] <Chris_Terry> 13:11:49 close out your QQQ shorts [13:12] <Chris_Terry> 13:12:21 close out your QQQ shorts [13:19] <Chris_Terry> 13:19:13 ....thank god for price divergnces to signal exits for shorts............this time i am happy we where out minutes before a move [13:19] <Chris_Terry> 13:19:26 QQQ jumped up fast just now [13:20] <Chris_Terry> 13:20:55 Today, I am not looking for much action with a thinner market & holiday conditions......... [13:22] <Chris_Terry> 13:22:28 When we have no real instituional participation & also cannt expect real follow thru up or down [13:22] <Chris_Terry> 13:22:34 DIS if short close it out. [13:29] <Chris_Terry> 13:29:07 This week is non confirmation week.............seems at ALL turning points we are seeing these price divergences within the indexes left & right, learn this stuff gang......okay, we did not make any money on shorts on QQQ BUT the signal to get out was plain as day, divergnce to SPY & DIA is alert to exit a position...... [13:30] <Chris_Terry> 13:30:21 This is so importan to your trading, think of the amount of traders caught short still on that bear flag when spy & dia broke ?............you where not .......this is key & vital......i posted the article i gave last night & its important in range bounce markets to look for non confirmation of price [13:31] <Chris_Terry> 13:31:15 We did not go long, we did not expect a rally that we are having now , marrkets are forgiving & if it will trade higher, it will give us a entry

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next