is...Either trading futures or fishing
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I could care less. I trade setups, not garbage I read about a penny
I think you misunderstood my post. I wasn't saying mine isn't working. And actually don't use it
I don't pay any attention to ihub and hardly watch L2. I always have it up but it doesn't affect the way I trade
Not on mine it isnt
These are my favorite setups to play if I play one at all. These companies in my opinion are nothing but garbage. In my years of trading I have only found a couple worth anything. I just play the move and dump it ;)
2 charts
The first chart is a blown up view of the daily chart. We have strong support and consolidation on the 200 EMA for the last 9 trading days. We have a strong decline in volume from a previous volume explosion out of nowhere. We have a descending stochastics.
Anytime you have consolidation with a decline in volume and a descending stochastics your in a good place to be. This is a perfect setup for an explosion. I don't trade many penny stocks and this is pretty much the only setup I will trade in a penny. the second chart is just a sample explaining the indicators I use
Chart for those that play the TA side
Been watching this one for a few days. I bought a nice block today. These setups are just about the best plays you can get for a sleeper. The price has been flat lined for about a year. Then with a sudden volume explosion and back into a decline in volume inline with a descending stochastics and price consolidation. This screams breakout.
Yes but it was delisted and is no longer trading
Don't you just hate that? ;)
Not for me it don't. Maybe they need to learn to read charts and volume a little better?
Thanks but I don't read that stuff. I only play charts and what I'm looking at
I retired from trading. I'm trading my grandkids account now. Futures was my bread & butter
No bid would be the only chance to get these at 0001
I didn't read her DD on this nor do I read any DD on anything. I'm a trader not an investor. I know this is a scam as well as 99.9% of all penny stocks are. I just know how to trade em. I am not in this one yet but will be. I have never made a dime on a legit penny but have made a killing on these scams through the years
Not all of us lol ;)
This stock will run again. And the same thing will happen again. I love these. Its easy money. The trick in playing these is to not chase and don't get greedy. All the people you hear on this board that are crying about being a bag holder chased this stock
I will give this guy credit. He told the truth. He said exactly how he would line his pockets and he did just that. Now that's transparency ;)
With spring and fishing season just around the corner having a million cash is pretty nice. I'm pretty sure he will invest some of that in pot. But I doubt its a pot farm. Probably a nice fat bag to haul around on his new boat. I'm gonna play this for a bottom bounce. But i'm not drinking the kool aid sold here ;)
He will shut down once he gets his other 2 million ;) These guys don't feel shame. They are here for the same reason you are. To make money
I have not done charts on either one
I didn't understand the question. On this stock or FITX?
I'm not trading this stock
Looking at this 4 hour chart it has strong resistance at the 200 period EMA. I'm thinking we will see a little more consolidation here trading between 3's and 2's. possibly even back down to 1's. The stochastics are over bought so it does need to pullback into consolidation and let them come back down. I don't think there will be a problem getting some 2's
Stop being cheap lol. There is plenty money to be made in loading at 3 ;) I also see you in RMT$. You loaded there yet? I got an order in there also for the opening. That chart is looking to explode with the volume increase
Don't know if I can do that. Don't want to miss out on the cheap. I still think its gonna dip a little more tomorrow anyway just looking at the intraday play
LOL. I remember that POS. Made some big bank on it. That's why I tell people to play the charts and treat all these pennies like a pos. They pretty much are but I trade and don't care about what I trade ;)
I already got an order GTC for 3's so maybe it will get filled early. And if it dips on some profit taking I will get some 2's. Never hurts to have an order in ;)
I'd like to get some 2's but will just have to see what it does in the morning. Will load heavy on the 3's though
The chart and volume scream easy bank for this one
Cant answer pm's but I will do that. Was running scans while waiting for the futures market to open this evening. Found this one and a couple others for a volume play. Gonna load up tomorrow
Your here too huh?
Looks like the dope business is doing pretty good lol
You may just have created a whole new way of TA there my friend ;)
In all my years of trading and dissecting charts that has to be the most interesting chart analysis I have ever seen lol
For a long time I have thought about buying video equipment and making training videos. Also wanted to allow people to link up and watch live trading while I scalp intraday markets and futures. Only problem is that I know nothing about making videos or any of that tech stuff
GLER
I seen a lot of people make fun of him. They would laugh because he couldn't spell or pronounce words very well. But ya don't have to be a scholar to trade. I'm pretty stupid myself. I have no education of any kind. My grammar is horrible. I look like a dumb hillbilly if you was to see me on the streets lol. But I learned to trade. And believe me if I can trade then anyone can learn
He is a great guy and spends countless hours helping people. I was sending him setups every week and he asked me to be on his show
I don't day trade pennies. My general rule is to buy once and sell twice. Usually sell half when I have made 3 to 4 times the money and let the other half ride. I did break one of my rules and added the other day when it came down from .0044 to .002 though.
Thanks. But don't take my word as the gospel friend. I have had my A$$ handed to me more than a few times in the markets. These indicators just allow me to have about an 85% success rate in trading. A stochastic is pretty much a forecast on weather a stock is over bought, over sold or trading in between.
Here is a video of a guy I know who makes trading videos on youtube. He has a radio web show. He had me on his show couple years ago as a guest speaker explaining my trading style with stocks and futures. I would recommend you watch all his videos. He is an excellent teacher. This is a good video on stochastics
Dance with what brought you to the dance brother ;)