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Re: Geaux Fish post# 15622

Tuesday, 02/05/2008 12:41:10 AM

Tuesday, February 05, 2008 12:41:10 AM

Post# of 137481
Lesson # 5 EguityFeed (microcapfeed) Quote Chart / Montage

The Quote Chart / Montage is like no other tool that can be utilized to swing trade with. It allows you to take full advantage of a trend up or down.

Example
Use of the top 400 and look for the premarket gapers. You can take these and insert them in a watch list by them self’s before the bell.
Review the news on these gapers. This will help give an idea the strength of a move or not. Remember not all news will move a stock upward.
Now as the bell rings and the market opens. Review these in the first 1/2 hour of trading. Some with very strong news will move straight from the open. Some will pull down to fill the gap. Pending how high the gap has taken place.

Now take the one that is most on fire and go with it. Take the Chart Montage and set on candles. Watch for the pull backs. Set the chart at 4 hours at a market open on a gapers. As the day progress change this to 1 day. You will see very clearly when a stock hits the bottom of a pull back. You will see the green candles to start popping up. Well once it is confirm with a second green candle stepping above the first its show time. Me I jump in feet first some time on the first sign of turning back green, now same goes as you swing up with the stock. You will clearly see on the tops as the red candles start to build. Now the key here is it only a pull back or is it a sell. To determined if it is a sell or hold you would go back in time and change the chart montage day count to 5, 10, 15 etc. to find your resistance point and 9 times out of 10 is where you will exit at. Also watch the candles for higher lows and higher highs. You will see patterns develop during a mid-day consolidation with the lows at each candle getting a new high. You will notice a flat top of candles start to build. This will be your breaking point to break through for the nest swing to take place.

If one haves the cash flow. The Quote Chart / Montage is a very powerful tool and on some stocks in the course of a day. It is very easy to jump in and out more than once.

GLTY with this feature it is what I call a candy machines. Once you learn how to take full advantage of this. Your profits will continue to grow.

GF

GEAUXXXXXXXXXXXXXXXXXXXXX TIGERSSSSSSSSS
Keep your eyes on the cash

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