CHASING PLAYS THAT RAIN !!!!!.......$$$$$$$$$$$$
WHEN THE STORM LOOKS MEAN THE SKIES TURN
GREEN!!!!.....$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ http://www.youtube.com/watch?v=3k3jxi4JhXA&feature=player_detailpage CHASIN THE TICKER STORMS!!!.THERES A STORM EXPLODING OUT THERE!, WILL U BE THERE IN TIME? DROP A ***STORM ALERT!!!*** ON WHERE A TICKER STORM IS SETTING UP!!! BUILDING A TEAM OF TICKER CHASERS AND WORKING TOGETHER BRAVES THE STORM!!!! THE MORE CHASERS THE BETTER CHANCE WE HAVE AT SPOTTING THE STORM!!! ILL POST A ***THUNDERSTORM REPORT!!!*** WHEN A TICKER STORM HAS BEGUN
WHEN THUNDER ROLLS MONEY FLOWS $$$$$$$$$$ WHEN WE HAVE A ***SUPERSTORM!!!***ILL POST IT IN THE SUPERSTORM
RADAR CHARTS...!!! SECTION IN THE IBOX TECHNICAL ANALYSIS IS HOW WE FIND OUR TICKER STORMS, LEARNING TO READ A TICKER RADAR IS THE KEY TO CHASING DOWN A STORM AND CATCHING THE RAIN $$$$$$$$$$$$ $$$ ***STORMS WE CHASE***$$$$$$$
***--BOUNCERS.....STORMthat drops FINDS SUPPORT and may bounce... ***--REVERSAL BREAKOUT....STORM positioned nicely right before
pps MOVES ABOVE major resistance.. DO YOUR PART AND WARN THE VIEWING AREA OF A STORM BREWIN!!!!
*REMEMBER AS A TICKER CHASER SCAN THE RADAR, FIND THE POTENTIAL BEFORE THE STORM BREAKS OUT!!.. http://www.youtube.com/watch?feature=player_detailpage&v=H4eSrpb4SDU *****BE NICE TO YOUR FELLOW CHASERS, WERE A TEAM HERE...LETS KEEP OUR CHASER PAGE CIVILIZED PLEASE...
KEEP THE GOLDEN RULE AND LIVE BY IT......IN ALL THAT YOU DO.........
*****JUST MAKE YOUR RADAR ALERT!!! CHASE WORTHY!!!----------EXPLAIN THE RADAR ON YOUR STORM.. WHEN THE SKY TURNS MEAN TICKER CHASERS SEE THE GREEN$$$$$$$$$
***Many have asked me to put a technical studies area together...im very happy to do so as i am still very much learning,
but am always willing to pass on any experiences i have learned....it was hard for me to find any simplified TA after many books bought and confused the candles out of me..my focus is find simple indicators together to hone my trading skills.im no pro thats for sure but i have learned many things thru losses
and thru those experiences i consider "training" im hoping to pass those on and a few would learn from my "training moments", so u wouldnt have to learn the hard way AS MUCH!!..LOL
There is so much out there to learn for all of us, tho learning simple indicators can really help u make great trades REGARDLESS how much company DD you have done...STOCKS have a mind of their own...we are who make the stock move....be quicker than the other is key to CATCHING AND CHASING the....
STORM!!!!! *****CHARTING SCHOOL***** TRADING 101 AND MAYBE UP TO TRADING
101.5 LOL..MY "CHARTING SCHOOL" IS DESIGNED TO BE SIMPLE!!!! ****ALL OF THESE POINTS ARE IN NO ORDER AS I HAVE LEARNED EACH OF THEM ONE WAY OR ANOTHER*****/ EXPERIENCE FINDS THE STORM!!!!!
-TOO MANY CANDLE STYLES TO LEARN!!...LEARN SUPPORT/ RESISTANCE/ AND TREND LINES!!!!!..MAKIN IT SIMPLE! but when mixed w/ a general knowledge of candles u have the skills!!
-WIN SOME,... LOSE SOME..., WIN BIG....., NEVER LOSE BIG!!!
-SLOW AND STEADY WINS THE RACE...AFTERALL THE TORTOISE DID BEAT THE HARE!!
-LEARNING HOW TO READ CHARTS IS KEY TO TRADING AT ANY LEVEL
-PATIENCE IS GOLDEN..."THE STOCK MARKET WAS DESIGNED TO TRANSFER MONEY FROM THE IMPATIENT TO THE PATIENT"~~Warren Buffet
-pps(price per share) / pos (point of sale)or to a basher its (piece of ****)/ momo (momentum)/ koolaid (hype for a ticker)/tia (thanks in advance)
zzzz(bashing something )/ imo (in my opinion)/ imho (in my humble opinion)
-"I BECAME RICH BY SELLING TOO EARLY"~~~Warren Buffet
-BE HUMBLE ENOUGH TO ADMIT U WERE WRONG...LIVE TO TRADE ANOTHER DAY~~~Makeitrain..
-bashers bash becuz they simply want cheaper shares---or they dont have a job in their mothers basement.
-when u find urself in a stock doing well and fantasizing on your calculator with greed eyes, everyone else is too...and the drop is coming
-never time a stock...let the chart tell u when its time to make moves..just cuz u like the stock u may get a better entry when u have watched its trends
-if u dont have a daytraders platform DO NOT TRADE A NEW STOCK UNTIL UR MONEY HAS CLEARED..i spent a few periods in 90 day restrictions...and actually learned it was great! becuz i could trade only when my cash was clear...meaning i could get in and out when i was ready and didnt have to worry about locking my acct up as it already was!!...and learned i had to have patience till cash cleared and missed all the "life changing trades" that were going on only to see 2/3s of the time they dumped and i wasnt in cuz i couldnt anyway..which taught me the value of patience....when buying a new stock w/ koolaid flowing and u just sold at a minor loss on a stock to get out and to get in on the new "prized to the moon" stock without your money cleared u are playing w/ fire as a day lata when the koolaid dries up and the selloff begins u wont get out cuz ur afraid to lock up your account on non cleared funds...and u hold hoping for it to come back up ..and ur so ticked cuz u were even in the green! than pps never gets back up and you found that u just lost money in 2 trades in a row....when u were in the green(sad when i know this one very well)....
-PATIENCE...if ur funds arent cleared or your comfort level w/ the chart isnt satisfied DONT DO IT!!...WAIT TILL THE NEXT ONE AS THERE IS SO MANY DAILY!!!!!....easier to sleep at night when u arent reading these boards all night worried what the bashers just found on your hyped stock(do that too often..lol)
-be careful not to drink the "KOOLAID"...!!!...(the big hyped stock everyone is screaming and emailing u about)..that about the time the RSI is stretched to the max and you can almost ALWAYS seem them when there on the top 10 boards..take note of them after a week the ticker has dropped hard...but koolaid trades are fantastic for a quick buck when your smooth enough in your TA to get out
-ENTRY IS KEY...THO LOOKING FOR THELOWEST POSSIBLE PPS IS NOT ALWAYS THE BEST,WHY?....TRADE SAFE!/ MAYBE
BOTTOM IS NOT IN OR NOT SUPPORTED...CONSIDER AN ENTRY ONCE A BOTTOM/ REVERSAL HAS BEGUN TO SAFELY ENSURE YOUR $$ this is soooooo hard to do since ur missing the "cheapies"..but what if and "if" happens often, that the selloff wasnt done and you found urself in a great stock w/ real bounce potl and ur bagholding multiple %'s above the perfect entry...and the perfect entry is the one that makes money no matter how much u made...i focus on seeing the correct candles in play and the momo bout to start before my entry as i am much more comfortable w/ my entry and happy that my heart isnt in my lungs staring at L2....
-dont HOLD hoping for that bounce!!!...take the loss and only a small one if u react fast, or if ur smooth enough get out before it hits UNCH (even)....u can always get back in later....or find another one of the zillion tickers out there to run up....
- -BE CAREFUL W/ "GAP ups"...they usually fill and u found that u bought at the high when the "koolaids" flowin!!!..fast traders will sell on it when ur just gettin excited gettin ur 2nd cup of coffee...
-after a black candle its over.....someone bought high premarket and the pps will never get above...wait till better support
-TO REALLY SEE MOMO IS TOO HIT THE ASK!
-my FAVORITE trading friend is FIBONACCI
-TO NOT SEE YOUR HARD WORK WIPED AWAY IN INTRADAY TRADING MAKE SURE THERE IS BID SUPPORT STRONG ENOUGH TO SUSTAIN A PAINT JOB
-when your stock ur watchin breaks resistance,get in!! - "blue skies" breakout ( stock hits new highs), is how u make the real..SAFE green!
-be very careful w/ low volume tickers..even when u see them on the top 10 boards usually means someone wants u to buy in...now with that said it could be a great entry in before volume picks up, the prob is a dump could absolutely crush the pps
-KEEP THE SPREAD CLOSE CLOSE SO ITS NOT OUT OF PLAY
-when ur getting nervous that the ticker isnt doing well, dont wait for your stop loss..just get out..take a breath and pick up the next day..
-BIDS/ASKS.....SITTING ON ONE OF THOSE DOES NOT MEAN ANYTHING TILL SOMEONE ELSE AGREES TO TRADE WITH YOU
-FOR EVERY SELLER THERE MUST BE A BUYER, AND FOR EVERY BUYER THERE MUST BE A SELLER~~~HENCE THE NAME TRADING
-sitting on the bid and than finally getting filled makes the pps that much closer to filling the guy below u--which immediately puts u in the red
-"KOOLAID" is GREAT when u got in before it was mixed, dont be there when it pours...cuz it will!!!!..EVERYTIME!!!!!!!
- LIQUIDITY NEEDS VOLUME
-u dont have to hold for the "to da moon" run!!....smaller safe trades compound much faster...green is green
-MIX SOLID DD / TA / AND A TRADING STRATEGY TO MAKE GREAT TRADES
-DO NOT TRADE ON EMOTION, TRADE ON YOUR STRATEGY
-LEARN TO READ L2 FOR FLIPPING
-REVERS MERGERS ARE BAD!..(but great to trade AFTER they hit a bottom...and its usually a looooonnngggg ways down!
-NEVER AVERAGE DOWN. Averaging down costs money u didnt want to get tied up..dont get tied!!just wait till u see that support built and u find that u get to buy sooo many more shares of that stock and u can sell out at a much lower level easy than everyone else hying it will get too...
- w/ a tight stop, you cut ,major losses...live another day!!!! (win some, lose some, win big, NEVER LOSE BIG)!!
-Don't fall in love w/ the stock, it may possibly be the next greatest thing but the chart doesnt know that and all its traders
arent on your team...
-when u hear "This isnt a normal penny play, shes goin to a dollar"... IT IS AND ITS NOT!!!!!!!...AND UR DRINKIN THE KOOLAID....
-***if u cant walk away from your computer or put your iphone down than theres an issue...thats what a stop loss is for....(thats a gambling addiction)..i found i was good at stock trading once i learned to think level headed.....now u know WHY my passion to teach here and how im willing to teach and spend time with you for you to become much more successful by TECHNICAL ANALYSIS...
- Stock charts can help you choose better stocks and make better smarter investment decisions. Now really what we're talking about here is a pattern of prices. The price movement is basically plotted on a day by day, minute by minute, hour by hour basis and then what happens is it is drawn together with a bar or a line and we can see the trend.
By looking at the shape of the price and the angle of movement, you can see whether or not a stock is in a strong trend, weak trend, or no trend at all.
***(candlesticks patterns 101)***.....http://www.youtube.com/watch?v=nggV_iX7JP8&feature=player_embedded
*****...DRAWN PATTERNS/ EXAMPLES ON VARIOUS CHARTS BELOW.....******
*****A look at the basics..I CONSIDER THESE THE MOST IMPORTANT TO LEARN
BEFORE TRADING..#1 Support,#2 Resistance, and #3 Trend lines below....*****
******GUYS...I CANNOT STRESS ENOUGH LEARNING FIBONACCI TRADING PATTERNS..FIBS WORK BOTH WAYS BULLISH OR BEARISH.TRADING THE BULLISH(BREAKOUT) CAN BE MUCH EASIER AND SAFER THAN TRADING FIBS DOWN A BEARISH MOVE ON A BOUNCE STYLE...MANY PEOPLE LOSE THEIR INVESTMENTS TRADING THE BOUNCE' WHEN NEVER FULLY UNDERSTANDING HOW FIBONACCI WORKS BASED ON BULL/BEAR RELATIONSHIP...
******when u look at any strong big board co like BAC or AAPL
u will see fibonacci patterns in everything..collecting ur investment on fib movements is how i stay in healthy trading..
i may make more on a buy and hold--but i fear the nights when i dont know--so technically speaking i am only trading the bullish parts of any run....so technically im always green...or hope to be..lol
--simplifying the pattern here---
lets say 10.00 is where we are buying, well call that (A), lets say the stock runs to 30.00 (B)
FIBONACCI TRADING SAYS A RETRACE of 50% (38-50) IS HEALTHY AND BULLISH OVERALL
so that would bring the stock pps close back to 15.00, if finds support and begins to rebound, WE BUY IN! (C)
NOW WE BEGIN TO SEE A SORT OF VISUAL FORMULA FOR BUYING AND SELLING---as we can always stay in healthy trading....however to always sell and rebuy doesnt mean ur making more money than just holding thru..in some cases it doesnt. the point here is with FIBONACCI you KNOW where the BULLS/BEARS are...SAFE TRADING IS KEY TO SLEEPING AT NIGHT
A TO B----find the top and sell B
C TO D---wait for C ON SUPPORT, (usually close to 38-50%) retrace and sell D
E TO F----continue the pattern
**when FIBONACCI is broken and pps retrace falls under 50% movement is no longer deemed bullish...i usually will wait a whole pattern thru to see the confirmation pick up again
trading the FIBS down is waiting for the BOUNCE...(A) knowing when to sell is (C)
letting the downtrend continue, ticker finds support, and u buy back in (B) let it run on a BOUNCE and sell (E)
continue the pattern as it persists....this is a tough style to trade and takes skill and much patience..most of all keeping greed out of it....holding through on a downtrending stock is not the way to make money..look all over ihub..look at the runners,see how the stock ran hard, and how people are talking about a comeback yet losing money the entire time when you could be trading the FIBONACCI SWING all the way down...
PUT THAT TOGETHER!!!
*****A LOOK AT THE DAILY CANDLE*****PUTTING IT ALL TOGETHER!!!!!!
***NOTICE ON PREV CHART I DID NOT BUY AT THE "BOTTOM" OR SELL AT THE "CAP"..I MADE THOSE MOVES WHEN THE TECHNICAL INDICATORS SAID IT WAS SAFE TO DO SO AND VALIDATED MY REASON..MAKING KNOWLEDGABLE AND SAFE TRADES IS THE KEY TO SEEING THE STORM AND ITS GREEN SKIES$$$$$$$$$$$$$.
NOW, it is extremely important to know the diff between what potentials the play is...
BOUNCE----simply when pps finds support before it bounces north to its capped level..before getting there is my exit, get out first, dont get caught guessing top!, falling knifes may never trip a stop loss or u may just never make anything or lose money and very sad when u were up in $$!..never hold bounce plays as trend lines tend to be downward..in and out plays
BREAKOUT a pps that has a setup to break thru a resistance level..blue sky breakout style..great plays .can be hold type plays
***KNOWING THE STYLE OF PLAY IT IS BEFORE GETTIN IN IS THE DIFFERENCE FROM SEEING UR ACCOUNT GO UP AND FALL TO ACTUALLY KEEPING THAT ACCOUNT GREEN!!!
***WELL I HOPE U ENJOYED MY TECHNICAL STUDIES / CHART SCHOOL SECTIONS
I REALLY HOPE U CAN TAKE SUMTHIN AWAY AND LEARN FROM IT!!..LIKE I SAID IM STILL LEARNING, AS WE ALL ARE..!! HEY IF U HAVE ENJOYED A PARTICULAR SECTION LEMME KNOW ON THE BOARD!...WOULD LOVE TO HEAR WHAT U LIKED...OR IF THERE IS SUMTHIN I CAN ADD PLEASE LEMME KNOW!..THANKS.... GLTA HERE!!..
***FOLLOW AND WATCH THE BOARD FOR FIRST STORM ALERT CALLS!!
AFTERALL WHEN SKIES ARE GREEN...CHASERS SEE THE GREEN $$$$$$$$$$$$!!!!!