Reading Charts in Real Time

[MidKnight 12]

I just posted a couple of charts of Jinko Solar on my blog at The Speculator King: Stock Chart of the Day. Here is one of them, with Darvas boxes drawn over the price action.

 

Hah, that is all it is?? I'm such a fool...it took me 4 years of my own efforts to create my trend model which is essentially the same as that - rising support = up trend. What a slow, fool am I.

 

With kind regards,

MK

[Marko23 10]

... my trend model which is essentially the same as that - rising support = up trend. ...

MK

 

Yes, that is one essential of this thread, but please remember the following quote from Albert Einstein

 

Make everything as simple as possible, but not simpler.

 

Thales' blog may show the environment in which your essence can turn into profit.

 

Edited August 18, 2010 by Marko23

[Marko23 10]

The EUR/USD Long in 60m moved to its best target and crossed the top of the second D'box down.

 

[Marko23 10]

The EUR/USD Long in 60m moved to its best target and crossed the top of the second D'box down.

 

That hint made me start another long in 15m to get to the top of the box again.

 

[Marko23 10]

15m details

 

[brave1 10]

Long NQ

 

 

[Marko23 10]

That hint made me start another long in 15m to get to the top of the box again.

 

Sold at resistance.

 

[brave1 10]

Stop moved.

 

[thalestrader 14]

Hi Folks,

 

A few housekeeping matters relating to my blog. I created a speculator king twitter account. This will allow me to notify of blog updates without having to create an entire blog post just to bring attention to the updates. The blog will also now display the last five "tweets" (good gracious, am I really talking like this!?) so anyone interested should easily be able to identify what has been changed or updated since his or her last visit. I will also use the Twitter facility to link to news articles etc. of interest. Again, this is to keep the blog more or less "clean" and lean. The twitter id is The Speculator King (SpeculatorKing) on Twitter

 

Here is an updated chart, ths time a yearly chart, of FDO. I included a copy of the blog projects current watch list. These are stocks at or near potential buy point. I'm looking for just one to buy. CIS came to my attention this morning, but the breakout came too early and my attention came to late. I'll be watching it, however. You can see two different views of it at The Speculator King: Stock Chart of the Day

 

 

 

 

Best Wishes,

 

Thales

[thalestrader 14]

Current view of the EURJPY and EURUSD ... nothing has changed ...

 

 

 

Best Wishes,

 

Thales

[Marko23 10]

Support from lower boundary of D'box

 

[Marko23 10]

Move between holdup zones within the D'box

 

[Marko23 10]

Don't ask why it occurs, trade the signal instead

 

 

And sell at resistance!

[Marko23 10]

Things become choppy!

Since that Long I stopped trading EUR/USD and will do nothing

until the market decides which way it prefers.

 

[thalestrader 14]

Playing a waiting game right now ... Current view of the EURJPY and EURUSD ... nothing has changed ... still looking for the EJ to continue lower. If the EU breaks lower, I'd like to remain calm enough to hold for 1.1600 or a stop out at a trailing chart point ...

 

 

 

Best Wishes,

 

Thales

[Kiwi 16]

An interesting one for a break down is Swissy Thales. Might break bounce and break but it definitely has a strong down position (pausing after breaking below support at 78%).

 

[thalestrader 14]

An interesting one for a break down is Swissy Thales.

 

 

Like this, Kiwi ...?

 

Best Wishes,

 

Thales

[thalestrader 14]

I'm looking for just one to buy. CIS came to my attention this morning, but the breakout came too early and my attention came to late. I'll be watching it, however. You can see two different views of it at The Speculator King: Stock Chart of the Day

 

Hi Folks,

 

I updated my Buy Watch (The Speculator King: Buy Watch )and Chart of the day (The Speculator King: Chart of the Day )at the blog. Here is how Camelot Information System (CIS) closed the day today.

 

 

 

Best Wishes,

 

Thales

[thalestrader 14]

Playing a waiting game right now ... Current view of the EURJPY and EURUSD ... nothing has changed ... still looking for the EJ to continue lower. If the EU breaks lower, I'd like to remain calm enough to hold for 1.1600 or a stop out at a trailing chart point ...

 

 

 

The waiting is over, and now we simply wait to see if we are right or we are wrong...

 

 

And here is the EURUSD with my downside target (colored regions down below)...

 

 

Best Wishes,

 

Thales

[thalestrader 14]

Current view of the ES would have me looking for 62.75 (possibly much lower) if a break of 65.50 occurs, and I'd be looking 77.50 or so if price gets above 69.50. Price is currently 66.50 as I type this ...

 

 

Best Wishes,

 

Thales

[thalestrader 14]

break and retest as resistance ... if 65-66 holds as resistance, then my initial target only a couple of points, but a trend day down with a close on the lows cannot be ruled out... If 65-66 does not hold as resistance? Well, I've always said that every trade starts out as a scalp ...

price is 64.50 last trade as I hit enter on this post ...

 

 

Best Wishes,

 

Thales

[thalestrader 14]

Current view of the ES would have me looking for 62.75 (possibly much lower) if a break of 65.50 occurs

 

65.50 break down to 62.75 low print thus far ... that was an easy call. Bounces must stall 66.50 or lower or the low print is likely in for the day. Further lows, especially a break and hold below 61 will have me targeting 53 before the close ...

 

 

Best Wishes,

 

Thales

[thalestrader 14]

An interesting level for both the bull and the bear case for the end of week trade ...

 

 

Best Wishes,

 

Thale

[thalestrader 14]

Hi folks,

 

For anyone interested, there is a webinar by Investors Business Daily's David Saito-Chung being held by the money show this afternoon. If you are at all interested in IBD 100 stocks and CANSLIM, it might be worth checking out. Here is the link:

 

Webcasts Details

 

Also, I posted a weekly review of my Bu Watch List on my blog at The Speculator King

 

Best Wishes,

 

Thales

[thalestrader 14]

The waiting is over, and now we simply wait to see if we are right or we are wrong...

 

 

And here is the EURUSD with my downside target (colored regions down below)...

 

 

Best Wishes,

 

Thales

 

So far, so good ... my daughter is short EURJPY at 112.00 and 109.00 and I have shorts out on the EURUSD (via the 6E) at 1.2769 ... (all entries on stop and were posted prior to trigger) ...

 

 

My initial target on the 6E is 1.1600-1.1800, but I'm starting to think 1.0300 ...

 

 

Best Wishes,

 

Thales