[06:01 am] Ed : good morning
[06:37 am] Mitch K: watching for 2nd helping
short on ROSG
[06:37 am] Ed : watching WBC for potetnial
short
[06:38 am] Mitch K: watching WM for top to
short
[06:38 am] Mitch K: watching CHSI for top
[06:38 am] Mitch K: watching BC for top to
short
[06:38 am] Mitch K: watching HOLX for top to
short
[06:40 am] Mitch K: monitoring FDX today for
multple trades
[06:41 am] Mitch K: watching GOLD for
bottom
[06:41 am] Ed : monitor the 588.50 area on
AAPL, needs a breakthrough on strong vol,
[06:41 am] Mitch K: watching GNC for top
[06:41 am] Mitch K: remember ROSG is
dangerous stock, was up to 24, then back to
below 10 in a week, now going back up
[06:42 am] Ed : cover WBC if u took short
[06:42 am] Mitch K: watching APH, ALXN GNC
for top
[06:43 am] Mitch K: watching EXXI for bottom
to buy
[06:44 am] Mitch K: OSIR best idea so far ive
seen
[06:44 am] Mitch K: watching OSIR for bottom
to buy
[06:44 am] Mitch K: watching IDCC for bottom
to buy
[06:45 am] Mitch K: watching AGNC for top to
short, take time
[06:45 am] Mitch K: watching JCP for bottom
to buy, monitor today
[06:46 am] Mitch K: watching HME for bottom
to buy
[06:47 am] Mitch K: watching CNW, KORS, SM
for tops
[06:47 am] Mitch K: monitoring CELG
[06:47 am] Mitch K: watching MJN for bottom
to buy
[06:48 am] Mitch K: watching MNST, Monster
Beverage for bottom
[06:48 am] Ed : monitoring FB for bottom to
buy, would like more selling
[06:50 am] Mitch K: watching SWY, POT, MET,
WYNN for tops, monitoring
[06:50 am] Mitch K: should be multiple trades
both ways on ROSG today
[06:51 am] Ed : would like more selling to
30.30 or 30ish area on FB
[06:52 am] Mitch K: MNST chart looking
good
[06:53 am] Mitch K: BC toppy for short
[06:53 am] Mitch K: watching TRIP for bottom
to buy, take time
[06:54 am] Mitch K: RHT toppy
[06:54 am] Mitch K: CHSI toppy
[06:54 am] Mitch K: watching health care
group move today: UNH, WLP, HUM
[06:55 am] Mitch K: watching FDX closer
[06:55 am] Mitch K: looking for 28.44 area on
EXXI long; be flexible
[06:58 am] Mitch K: FDX too strong to
short
[06:58 am] Mitch K: watching BBY for top to
short
[06:58 am] Ed : if u did take FB long would
reduce here
[06:59 am] Mitch K: MNST and OSIR two best
charts today
[06:59 am] Mitch K: letting MNST run, more
upside
[06:59 am] Mitch K: consider selling half of
OSIR soon
[07:00 am] Mitch K: consider selling OSIR
[07:00 am] Mitch K: watching ADM for bottom,
another good chart
[07:00 am] Ed : SPY new hod
[07:01 am] Mitch K: BBY good chart for short,
soon, toppy
[07:02 am] Mitch K: ALXN toppy but still
stgrong
[07:02 am] Mitch K: watching EDU for top to
short
[07:04 am] Mitch K: for top to short
[07:04 am] Mitch K: watching KORS closer
[07:04 am] Mitch K: monitoring M for top to
short on this rebound
[07:05 am] Mitch K: no sell signal on MNST
yet but getting extended,
[07:06 am] Mitch K: monitoring H
[07:07 am] Mitch K: sakii posted IOC, good
chart for potential short
[07:08 am] Mitch K: MNST still strong,
[07:08 am] Mitch K: watching LVS for top to
short
[07:08 am] Mitch K: watching NFLX for
short
[07:09 am] Mitch K: consider selling most of
TRIP if long
[07:09 am] Mitch K: that means to keep
holding MNST if long
[07:10 am] Mitch K: consider covering SXCI
short
[07:11 am] Mitch K: early sell signal with
MNST
[07:11 am] Mitch K: these stocks moving up,
take your time before shorting
[07:11 am] Mitch K: watching VPHM for top to
short,
[07:11 am] Mitch K: indexes at or near highs
now
[07:12 am] Mitch K: should be out of OSIR
long now
[07:12 am] Mitch K: little too early for MNST
sell but just posting
[07:13 am] Mitch K: monitoring DHX, lower
priced, higher risk, low vol, just
monitoring
[07:14 am] Mitch K: strong
[07:14 am] Mitch K: as storng as MNST is, i
would ignore early sell signals
[07:15 am] Mitch K: watching ENB for top to
short
[07:15 am] Mitch K: thats CHinese
[07:15 am] Mitch K: thats not ENglish
[07:15 am] Mitch K: is that a symbol ed? or
your spelling for strong?
[07:16 am] Mitch K: as you can see most of
these ideas are “bread and butter” and then
tehre are these really good looking charts
like MNST when it was setting up or OSIR,
were a couple other ones
[07:16 am] Mitch K: watchign FMCN for top
[07:17 am] Mitch K: on those really extreme
moves, those are more dangerous so you can
wait, get good money after a reversal
started. ok to be late on those really big
movers
[07:18 am] Mitch K: that early sell signal on
MNST coming back again, but still strong
[07:19 am] Mitch K: seems like quality
increased, just started using new versino of
custom scanner
[07:19 am] Mitch K: you guys like what I am
posting?
[07:19 am] Mitch K: monitoring MMR
[07:19 am] Mitch K: watching GTI for top to
short, take time
[07:20 am] Ed : SPY new hod
[07:20 am] Mitch K: it is easier to find
ideas throughout day
[07:22 am] Mitch K: jsut so you guys know
where we are at with Lightning system, we are
working on it 7 days a week, nights,
weekends, constantly. no birthday
celebrations, no fathers day, no vacations.
trying to get earlier, faster and more
accurate signals. Also trying to color or
paint an area when we suggest not to trade, a
sort of “NO TRADING” warning on chart
[07:23 am] Mitch K: you see why you want to
pay attention to those early sell signals,
like on MNST,? they usually mean
something
[07:26 am] Mitch K: monitoring UTX for top to
short
[07:29 am] Mitch K: MNST giving another weak
buy signal
[07:30 am] Mitch K: to buy
[07:30 am] Mitch K: watching ORCL for
bottom
[07:31 am] Mitch K: the blue marker i
mentioned tht was early sell signal
[07:31 am] Mitch K: we are trying to get this
a little better but is very good
[07:31 am] Mitch K: this is MNST
[07:32 am] Mitch K: we wont release this
until it is absolutely superb,
[07:32 am] Mitch K: there was a sell signal
on that arrow to left
[07:32 am] Mitch K: and 1-2 candles later
gave a confirmed sell signal
[07:33 am] Ed : thx joey,qwert
[07:33 am] Ed : watching WPRT for potential
short
[07:41 am] Ed : you guys take profits on that
drop on WPRT?
[07:44 am] Ed : getting pullback in SPY
[07:45 am] Mitch K: consider covering most of
RHT
[07:45 am] Mitch K: hope you guys did good
with EXXI long and then a short
[07:53 am] Mitch K: watching ICE
[07:53 am] Ed : SPY trading near high
[08:04 am] Ed : gettng pullback in SPY
[08:13 am] Mitch K: consider covering most of
IOC short
[08:45 am] Mitch K: watching MON
[08:58 am] Ed : SPY trading at HOD
[09:08 am] Mitch K: watching WLT
[09:10 am] Mitch K: watching NSM
[09:58 am] Ed : watch 2morrow for breakout
with strong vol. 32.10 FB
[10:10 am] Mitch K: watching SM
[10:32 am] Mitch K: Index is powering up
[10:56 am] Ed : getting pullback in SPY
[10:57 am] Mitch K: monitoring WLT again
[11:11 am] Mitch K: watching SXCI
[11:18 am] Mitch K: watching ORLY
[11:26 am] Ed : gewttin pullback in
markets
[11:37 am] Mitch K: monitoring MPC
[11:53 am] Mitch K: and all you do is short
and then look for something else until you
get a signal
[11:53 am] Mitch K: we missed this long but
the short is where I gave youa headsup
[11:54 am] Mitch K: this is WLT, Walter
[11:54 am] Mitch K: and when you hear an
audio alert, you look at one window
[11:55 am] Mitch K: just a sec, let me show
you another one
[11:56 am] Mitch K: this SXCI and here what
you can do is short anytime without being
precise and i saw it about here
[11:57 am] Mitch K: then find out what stock
it was on one single alert window and cover
the short in this case
[11:57 am] Mitch K: and you dont stress out
but look for other stocks, open positions,
maybe 4-5 other open positions and just wait
for audio alerts,
[11:58 am] Mitch K: thats 16 minutes there
you can be short and i was late to see
anyhow
[12:00 pm] Mitch K: so basically it is a
management of time and your activity
changes
[12:01 pm] Mitch K: here was one earlier i
mentioned on MON, Monsanto for short but look
how many repeated trades there were and thats
where this is a game changer
[12:03 pm] Mitch K: and all this is low
maintenance, low stress. allows you to
handle a big workload,
[12:03 pm] Mitch K: mentioned this around
853am pacific time, make 0.5%, not big money
but another good long here
[12:04 pm] Mitch K: not every single signal
is good profits but you make a lot of big
profits you maximize potential
[12:05 pm] Mitch K: but you cando a lot of
these at the same time
[12:05 pm] Mitch K: about 2.7% short
[12:06 pm] Mitch K: that was RHT
[12:08 pm] Mitch K: are you short MPC
victor?
[12:08 pm] Mitch K: ok last one victor,
MPC
[12:09 pm] Mitch K: this is MPC victor
[12:09 pm] Mitch K: because it gave a buy to
cover signal
[12:09 pm] Mitch K: This MPC short is not
working
[12:10 pm] Mitch K: There are so many ways to
use this, this is going to give many times
more trades to you, multiple more
[12:10 pm] Mitch K: the clue i look for is
how long does it take to break down and how
it acts during that time
[12:12 pm] Mitch K: thats not what i like
[12:12 pm] Mitch K: what is interesting about
that MPC trade victor was how long it took to
give a signal so that tells you it was strong
even after it peaked
[12:13 pm] Mitch K: no, i dont like that.
but i kept scanning looking for other
ideas
[12:13 pm] Mitch K: that was 9 candles after
peaked X 2 minutes each = 18 minutes
[12:14 pm] Mitch K: when you guys see a
flatline like that…… you should consider
not trading whatever instrument that is and
we are going to paint a colored block in that
area to suggest not to trade
[12:15 pm] Mitch K: that will be particularly
important during futures trading as well
[12:21 pm] Mitch K: watching TSO
[12:48 pm] Mitch K: it’s not what you think
it is
[12:48 pm] Mitch K: Got an interesting stock
for you, it’s ED
[01:00 pm] Mitch K: See you tomorrow
everyone
[01:00 pm] Ed : have a great night traders
|
[06:12 am] mikewd2 -: watching UVXY, might
have to get a little and put away for a
raiing day.
[06:12 am] mikewd2 -: rainy
[06:14 am] apple : that was some drop in
ROSG — did you take it E?
[06:15 am] lisas : gm all
[06:15 am] apple : hey lisa, thx, how are
you today
[06:18 am] mikewd2 -: nice 1pt bounce back on
ROSG just not alot of vol
[06:18 am] skydiver : gm all
[06:18 am] khall : gm sky
[06:18 am] skydiver : gm khall
[06:19 am] joeytsa : that was the most off
in 13yrs for that german ZEW # i posted
above
[06:19 am] skydiver : thnx joey and apple
for info above 🙂
[06:20 am] apple : gm sky
[06:20 am] apple : thx joey
[06:20 am] mikewd2 -: oil, gold, silver all
up
[06:20 am] skydiver : gm apple
[06:21 am] khall : wow joey, that doesn’t
bode well for Europe…
[06:21 am] joeytsa : thats what i was
thinking, germany is the big dog there i
thought
[06:21 am] Ed : no apple, was still getting
situated, so did not take it
[06:22 am] apple : me, too! but thanks for
putting the chart up
[06:22 am] khall : yep me too
[06:22 am] khall : but they can’t keep
bailing people out without suffering as
well
[06:22 am] lisas : Hi apple, doing great,
how about you? Figuring TS out?
[06:23 am] mikewd2 -: that’s what i was
thinkin khall
[06:23 am] joeytsa : its a mess
[06:23 am] khall : yep
[06:25 am] apple : getting there lisa.
[06:26 am] apple : and if they are
suffering, wait until the full impact
hits…
[06:27 am] khall : whew – yes. and it will
affect the US as well
[06:27 am] mikewd2 -: with this all hangng
over, don’t understand why VIX is so far
down
[06:27 am] khall : me either – I was
thinking that yesterday
[06:28 am] lisas : Happy BD khall
[06:28 am] khall : thanks – it’s not till
Friday officially…
[06:28 am] khall : I’ll be on vacation – it
doesn’t get any better than that
[06:28 am] victor51 : good morning all
[06:29 am] qwert : good morning everybody
happy b-day khall
[06:29 am] eddy : watching BKS
[06:29 am] khall : thanks qwert 🙂
[06:29 am] joeytsa : WAG nice move from
bottom
[06:29 am] apple : gm qwert
[06:30 am] qwert : gm apple
[06:30 am] apple : yes, happy bday khall —
best of everything to you!
[06:30 am] khall : thank you apple!
[06:32 am] mikewd2 -: watching HLF again
today
[06:34 am] joeytsa : tighten JCP is you
shorted
[06:34 am] skydiver : watching FIRE
[06:34 am] mikewd2 -: VIX 17.5
[06:35 am] apple : khall, where are you
going?
[06:35 am] joeytsa : FDX moving a bit
[06:36 am] khall : Santa Barbara – we’ve
never been there but it looks beautiful
[06:36 am] go4it : I don’t see any mod
comment above
[06:36 am] apple : nice move joey
[06:36 am] apple : me either, have a simply
fabulous time!
[06:37 am] lisas : me either go4it
[06:37 am] apple : gm go
[06:37 am] go4it : GM just checking thx
[06:37 am] apple : thx E
[06:37 am] apple : E was busy!
[06:37 am] joeytsa : SXCI testing $103
res
[06:38 am] apple : gm MK, thx
[06:39 am] joeytsa : ES is a small rangebut
GS made on ok move
[06:39 am] apple : ES very smalll
range…
[06:40 am] khall : go DFS, go
[06:40 am] joeytsa : yeah apple, maybe
2pts
[06:40 am] apple : i am looking for the 30
min BO
[06:41 am] apple : nice on WBC E
[06:43 am] joeytsa : ES lod area
[06:43 am] joeytsa : 1337 was overnight low,
trading near 1344 now
[06:44 am] apple : yes correct
[06:44 am] joeytsa : thx Mitc
[06:44 am] joeytsa : Mitch
[06:45 am] skydiver : FSLR – rumor
[06:45 am] apple : FDX climbing
[06:46 am] apple : OSIR good one MK
[06:49 am] apple : FB tumbling down
[06:49 am] apple : ver tight range on ES
joey
[06:50 am] apple : thx MK
[06:50 am] joeytsa : got a bit wider, 1347
still a res area
[06:51 am] apple : broke hod
[06:52 am] joeytsa : CRM running
[06:52 am] joeytsa : might get tired here
[06:52 am] mikewd2 -: MNST
[06:52 am] skydiver : CRM moving up
nicely
[06:54 am] joeytsa : KORS cons on support
[06:56 am] joeytsa : nice little move on
FB
[06:56 am] skydiver : yeah joey on FB
[06:58 am] skydiver : thnx Ed
[06:58 am] joeytsa : FB back to prev cl
[07:00 am] mikewd2 -: nice V in FST
[07:02 am] sakii : IOC
[07:06 am] Mitch K: thanks sakii, good one
[07:07 am] lisas : Hi Richard sakii!
[07:08 am] sakii : Hi lisas
[07:11 am] skydiver : all out of CRM S
[07:11 am] joeytsa : great trade sky
[07:11 am] Ed : nice short sky
[07:11 am] joeytsa : hit res and came right
down
[07:11 am] mikewd2 -: HLF hitting some
resistance
[07:11 am] skydiver : been busy morning –
rode CRM up and then rode it down
[07:12 am] apple : nice on VPHM
[07:12 am] joeytsa : thats how you do it
[07:12 am] skydiver : learning from the best
🙂
[07:14 am] joeytsa : ES testing 1350
[07:14 am] Ed : SCRON
[07:15 am] Ed : my spelling for strong
[07:15 am] Ed : ENGRISH
[07:15 am] khall : LOL
[07:16 am] apple : haha
[07:16 am] joeytsa : some really nice moves
today
[07:16 am] apple : now we all know
engrish
[07:17 am] apple : thx MK
[07:17 am] joeytsa : thx Mitch, MNST was a
beauty
[07:19 am] joeytsa : heck yeah
[07:19 am] khall : YES!
[07:19 am] qwert : oh yeah awesome
[07:19 am] jane227 : u bet! 🙂
[07:19 am] apple : yes, of course!
[07:19 am] gub : very good and accurate
Mitch!
[07:20 am] apple : excellent!
[07:20 am] skydiver : very nice Mitch
[07:20 am] qwert : nice!!!!
[07:21 am] joeytsa : thats what i like best
about you Mitch, not only do you do a great
job, but you still look to improve things
[07:21 am] mikewd2 -: brown-noser!
[07:21 am] mikewd2 -: ol
[07:21 am] qwert : hahaha
[07:22 am] apple : ES over 1351
[07:22 am] joeytsa : 🙂
[07:22 am] khall : cool beans
[07:22 am] qwert : super
[07:22 am] skydiver : sounds fantastic
Mitch!
[07:22 am] lisas : appreciate it Mitch!
[07:23 am] apple : you are wonderful MK,
bless you!
[07:23 am] cowboyh : Thanks Mitch
[07:23 am] mikewd2 -: nice
[07:23 am] apple : hey cowboy, how are
you
[07:23 am] cowboyh : Great apple
[07:23 am] qwert : watching ORCL
[07:24 am] apple : good to hear
[07:25 am] joeytsa : sky: did you get that
last run up on JOY?
[07:26 am] apple : nice on JOY
[07:26 am] khall : man, I totally missed
that – looking at eveything else under the
sun, and it was on my radar today too
[07:26 am] joeytsa : same here, was too busy
lookin at other stuff
[07:27 am] joeytsa : ROSG testing $17 now
[07:28 am] joeytsa : g20 going on, fomc
tomorrow
[07:28 am] skydiver : no joey – missed the
run up on JOY 🙁
[07:29 am] apple : SPY hod
[07:29 am] qwert : watching WPRT
[07:29 am] joeytsa : me 2 qwert
[07:30 am] joeytsa : eye on ALXN also
[07:30 am] victor51 : Mitch, great picks and
best day for me. Thanks
[07:30 am] joeytsa : very nice victor
[07:30 am] Ed : nice going victor
[07:30 am] qwert : nice victor
[07:31 am] skydiver : good job victor 🙂
[07:31 am] apple : congrats victor
[07:31 am] apple : nice MK
[07:31 am] qwert : awesome mk
[07:32 am] qwert : can we fire it up
tomorrow :))
[07:33 am] apple : we appreciate that MK
[07:33 am] joeytsa : lower high on GS, just
watching
[07:33 am] apple : thx E
[07:34 am] apple : and joey and qwert
[07:35 am] mikewd2 -: HLF up $1 today
[07:36 am] apple : good one mike
[07:36 am] joeytsa : ORCL to test $28
[07:36 am] joeytsa : alo watching SXCI
[07:37 am] joeytsa : also
[07:38 am] joeytsa : see you all in a bit,
make good trades 🙂
[07:38 am] apple : nice moves on SXCI
joey
[07:38 am] skydiver : take care joey –
enjoy
[07:38 am] apple : have fun
[07:39 am] khall : see ya joey
[07:40 am] jsn13 : qwert, did u take ORCL
long? where did u take it?
[07:41 am] khall : jsn, I took it long at
27.80
[07:41 am] qwert : i got 1/2 off ed
[07:41 am] cdougan : Yes Ed, simluated
profits… I will buy lots of great stuff
with my sim profits
[07:42 am] qwert : still have 2nd 1/2
[07:42 am] apple : and have sim fun cd
[07:42 am] Ed : really its all paper until
its converted
[07:42 am] cdougan : ha
[07:42 am] jsn13 : qwert, what time was ur
entry?
[07:43 am] apple : all an illusion
[07:43 am] qwert : 7:34 pst
[07:44 am] qwert : jsn just saw your post
about ORCL i missed it was looking at
something else
[07:45 am] Ed : hey eddy, u talk to ur broker
about commissions
[07:45 am] scalpman : VPMH S @ 22.93
[07:45 am] jsn13 : ok thanks khall and
qwert….no prob….
[07:45 am] khall : welcome
[07:45 am] qwert : sure thing jsn
[07:45 am] eddy : not yet Ed cos i need to
move to ninja ot TS will have to change
broker anyway
[07:46 am] Ed : ok
[07:46 am] qwert : nice on vphm scalpy
[07:46 am] go4it : P down 6%
[07:46 am] eddy : u have any broker u
recommend?
[07:46 am] scalpman : Thanks Qwert
[07:47 am] Ed : Tradestation is really good
and I forget the other
[07:47 am] apple : tradestation is great so
far…
[07:47 am] lisas : They are so good Ed wants
to keep them secret
[07:47 am] Ed : lol
[07:47 am] eddy : but wit TS we can use MK
new device?
[07:47 am] qwert : Apple you like TS better
than lightspeed
[07:48 am] Ed : thats a question for lisa,
she is expert on that
[07:48 am] apple : oh, yes, very much. i
like the matrix. and yes, lisa is our
expert
[07:48 am] skydiver : humm – I may have to
open up an account with TS now with such good
comments 🙂
[07:48 am] mikewd2 -: Mitch, how long after
you release your new system for nina unti
reles for TS?
[07:49 am] qwert : Apple, Has it been hard
to transition
[07:49 am] eddy : Mitch is saying we can use
lightnig only on ninja
[07:49 am] skydiver : That will give me a
good excuse to close my old Scottrade
account
[07:49 am] eddy : so wat will u guys do?
[07:49 am] mikewd2 -: I’m on TS and love
it
[07:49 am] skydiver : so – good question —
is TS fairly easy to learn?
[07:49 am] mikewd2 -: commissions a bit high
on higher number of shares than etrade
[07:50 am] eddy : Mitch if we use TS we can
utilize lightning?
[07:50 am] mikewd2 -: Joey is moving to TS
this week als
[07:50 am] Ed : lisa said there is a way to
make it work eddy
[07:50 am] apple : a little bit sky, i need
to spend more time learning things on it, but
i love the desktops, workspaces and charts
[07:50 am] mikewd2 -: also
[07:51 am] eddy : lisa u r out TS coach
then
[07:51 am] apple : i really love the
charts
[07:51 am] skydiver : thnx apple
[07:51 am] qwert : Apple so you use there
charts no more esignal fees
[07:51 am] apple : yes, tg. it was way too
expensive
[07:51 am] Ed : yes lisa was nominated
[07:51 am] skydiver : that would be nice to
save fees on esignal
[07:51 am] apple : no kidding…
[07:51 am] qwert : nice i could go out for
dinner
[07:52 am] apple : where is lisa now?
[07:52 am] lisas : I’m watching the
market
[07:52 am] mikewd2 -: chart trading on TS,
very similar to ninja
[07:52 am] apple : thx lisa, how’s it
doing?
[07:52 am] apple : yes mike
[07:52 am] lisas : I told it to go up, I
even pointed on my chart where I wanted it to
go, so you can all go long now
[07:53 am] mikewd2 -: that was a fact apple,
not a question
[07:53 am] mikewd2 -: haha
[07:53 am] apple : you’re a doll, lisa, many
thanks. SPY is listening to you
[07:53 am] mikewd2 -: I’ve been on TS since
december
[07:54 am] apple : i was agreeing with you
mike. better trading for you with TS?
[07:56 am] akram : invn
[07:56 am] lisas : Eddy, you will have to
use both TS and Ninja for Lightening. You can
get free Ninja, use TS data to chart. Then
enter your orders in your TS account. As far
as I’ve been told, there is no cost to use
Ninja unless you use one of their partner
brokers (which TS is not, but you can still
us TS data for charts)
[07:56 am] victor51 : Mike, I am thinking to
go chat trading on TS. Any pointers
[07:57 am] mikewd2 -: I’ve actually only used
it a couple times
[07:57 am] eddy : ok ill check this out with
them
[07:58 am] qwert : thx akram for invn
[07:58 am] scalpman : Mitch, could you
comment on ICE at this point..
[07:59 am] mikewd2 -: Ed, have you heard when
the new system will be ready for TS. Mitch
didn’t answer.
[07:59 am] qwert : huge spread on ice
[07:59 am] scalpman : ARe we lookin for a
higher LOW
[07:59 am] scalpman : 135.21
[08:00 am] Ed : no, just that he is tryn for
rollout within 30 days
[08:00 am] mikewd2 -: for which trading
platform?
[08:00 am] Ed : sorry, no have not heard as
far as other platforms
[08:00 am] apple : i was figuring by the end
of July because he said earlier about 4-6
weeks
[08:01 am] apple : about 40 ideas so far
this morning…
[08:01 am] Ed : i misread ur Q, mike
[08:02 am] qwert : lots of really good ones
to apple
[08:03 am] apple : yep, just the way we like
’em!
[08:04 am] qwert : :0
[08:04 am] skydiver : thnx for all the good
info and great calls today!! see you all
tomorrow morning
[08:04 am] Ed : c ya sky
[08:04 am] qwert : cya sky
[08:04 am] apple : have fun sky
[08:04 am] skydiver : 🙂
[08:05 am] eddy : bye sky
[08:05 am] khall : bye sky
[08:07 am] scalpman : test
[08:08 am] Ed : hey scalp, ice tends to trade
on light vol side but gives nice moves, so
sure Mitch was lookn for botttom on it to buy
for long
[08:09 am] scalpman : Thanks Ed…it didn’t
pullback…kept going in V pattern…I
missed.
[08:09 am] Ed : so u had some bottoming
action at 10:52 and 10:53 est
[08:10 am] Ed : it was easy to miss due to
light v3ol
[08:10 am] scalpman : Yes…I see…but how
to tell if you are going to get a v or more
sideways…?
[08:11 am] Ed : on ICE due to light vol best
to use like 2 or 3min charts, this 3min
[08:11 am] Ed : u see how that v on left is
setting up
[08:11 am] mikewd2 -: right Ed, looks a bit
more prenounced on 3mn
[08:12 am] Ed : or rather start of pattern
[08:12 am] Ed : u can put ICE,CME in sane
catefory nice moves but light vol
[08:13 am] Ed : right mike
[08:13 am] scalpman : so the 2 -3 minute
charts are “more reliable?”
[08:13 am] Ed : does that look little
different for you scalp on that 3min chart
[08:14 am] apple : scalp, it takes out a lot
of noise on larger timeframes
[08:14 am] scalpman : yes
[08:14 am] scalpman : slightly
[08:14 am] Ed : matter of preference but on
light vol stocks best to use 2/3 min at the
least, the 1min can give lot of false
signals
[08:14 am] Ed : in general
[08:14 am] scalpman : that’s a gppd tip
[08:15 am] apple : FDX hod
[08:15 am] scalpman : All out VPHM on last
piece
[08:16 am] Ed : just for me, I really like
trading on 1minm and sometimes will still
glance at 2min or even a a5min if stock is a
trender
[08:16 am] Ed : doji must be traveling
[08:17 am] apple : good job scalp
[08:17 am] scalpman : Thanks apple
[08:17 am] apple : E – otherwise he would
have something to say, for sure
[08:17 am] Ed : exactly
[08:17 am] qwert : hahaha
[08:18 am] apple : we love doji
[08:20 am] scalpman : SPY at support
[08:26 am] apple : nice move on WYNN
today
[08:34 am] jsn13 : Ed, for wynn, is 11.24
bar the breakout entry?
[08:37 am] eddy : the screen id distoreted
is it just me?
[08:38 am] eddy : which stock is this?
[08:38 am] Ed : LPN, no trade, was watching
for more selling
[08:40 am] Ed : yes good eye, Jason
[08:41 am] jsn13 : thanks ed….but for adm
its abit tough right?
[08:41 am] Ed : all about pattern
recognition, see some breakouts will offer
lot of money, some a little, u just have to
stay consistent on ur apprpach
[08:42 am] eddy : how wud one know the
potential of the trade
[08:42 am] jsn13 : ok sure….thanks….
[08:42 am] eddy : we get out too earlt it
spikes
[08:42 am] eddy : we stay in the trade we
get stopped at BE
[08:42 am] eddy : hard to get it right
[08:43 am] eddy : i meant different
occurences of different trades
[08:46 am] Ed : great question, this is where
flexibility comes, u put on the trade once u
see pattern and place ur stop, and manage the
trade (profit exits), see markets are
uncertain as in anything can happen, so if ur
consistent in ur approach (not chasing,
taking signal when u see it, taking profits
as market makes money available to you, or
taking ur loss when ut stopped) ur trading
will become more profitable and
consistent.
[08:47 am] Ed : i know easier said than done,
thats why one has to work on it
[08:49 am] jsn13 : what can we do to have a
better instinct as to when to grab profit?
[08:49 am] garyb : Hi all! Was busy last
couple of days with the ES….what a trip!
I’m likin the e-minis
[08:50 am] khall : hey gary
[08:50 am] garyb : Hey Katrina! 🙂 How is
the trading going?
[08:50 am] Ed : what hurts many traders is
when we get out of sync, chasing, thinking
about money in trade,giving stops more room,
trying to make up for losing trade, list goes
on
[08:50 am] Ed : hey gary
[08:50 am] garyb : Hi Ed!
[08:51 am] Ed : so we will call u GaryE from
now on
[08:51 am] garyb : ahhh yes! put a $ at the
end too! GaryE$ lol
[08:51 am] Ed : lol
[08:53 am] garyb : I’m finding out
Tradestation is very buggy…well 9.1 is
anyway. Will probably go back to 9.0
[08:54 am] jsn13 : U mean GaryEmoney?
[08:54 am] garyb : Yes! Lovin it! I sound
like a cool rapper!
[08:54 am] Ed : great question again jason,
again its matter of preference on profit
taking. Ex some wil take profits at % levels,
others may use support/resistance, some
fibonacci
[08:54 am] Ed : all u need now is a clothing
line
[08:55 am] lisas : Try calling tech first
gary, mine is running fine
[08:55 am] jsn13 : a consistent way? how do
u exit MNST ed?
[08:55 am] Ed : do u ever do the updates
gary
[08:56 am] Ed : how do “I” exit?
[08:56 am] garyb : Well….I’m doing some
crazy things on TS so that’s what is
happening…it cannot take the G$
pressures!
[08:56 am] Ed : I learned long ago, never do
the updates
[08:56 am] garyb : I agree Ed. Some say
they will get better now that they were
bought out
[08:56 am] garyb : we’ll see
[08:57 am] jsn13 : yeah how do u sclae out
or take profits on mnst?
[08:57 am] Ed : i take my profits based on
areas of support/resistance of how I have my
charts setup
[08:58 am] scalpman : Ed…comment on
MON…where was the sell signal…?
[08:59 am] jsn13 : ok so u took some off
mnst at 76.40 area?
[08:59 am] jsn13 : the 8 sma?
[09:00 am] Ed : for me scalp 11:45 was my
signal
[09:00 am] scalpman : If the sell signal is
the 2nd red bar of the lower HIGH, and the
price is 80.90 because we are looking
late…do you enter are what for another pull
slight rebound.
[09:00 am] scalpman : or wait…
[09:01 am] scalpman : in this instance I an
enter would have been profitable.
[09:01 am] jsn13 : my entry was 75.96, out
half at 76.30 then 2nd half at 76.60…way
too early…
[09:01 am] Ed : 7660ish area
[09:01 am] Ed : what time scalp, make sure we
are on same page
[09:02 am] Ed : also which timeframe on chart
scalp?
[09:03 am] scalpman : 1 minute
[09:03 am] Ed : entry there is fine scalp
[09:04 am] scalpman : The lower HIGH
combined with 2nd red bar down…was a pretty
strong signal…
[09:04 am] Ed : yes that entry was fine
[09:05 am] Ed : u also had stochastics
confirming if u use them
[09:05 am] scalpman : I do use them…
[09:05 am] Ed : cool
[09:08 am] scalpman : Ed, 11:45 on the 1
minute chart is still a green bar…how was
that your signal?
[09:08 am] sakii : NSM
[09:08 am] eddy : lisa u there?
[09:10 am] scalpman : Will have to pass on
NSM…but it looks good.
[09:10 am] scalpman : Time to go…in the
green today…so that is encouraging.
[09:10 am] scalpman : See you all
tomorrow.
[09:10 am] Ed : its a doji bar, it tells me
that buyers should be cautious, it is also at
area of resista
[09:10 am] khall : bye scalp
[09:10 am] scalpman : I see…I will
study…
[09:11 am] Ed : c y scalp
[09:11 am] scalpman : Bye khall…make those
next two trades guys…
[09:11 am] scalpman : Scalpman has left the
building!
[09:14 am] eddy : s NSM 19.89
[09:26 am] apple : gary!!! i had to upgrade
to 9.1 because of optionstation
[09:28 am] garyb : Appppllllleeeee!
[09:29 am] apple : ES is consolidating
now
[09:29 am] garyb : ES=Sleepy time today!
[09:30 am] apple : gary, i will talk to you
later, yes, very
[09:30 am] mikewd2 -: I’ve been running 9.1
latest version to run the violatility
score
[09:30 am] mikewd2 -: no issues what
soever
[09:31 am] eddy : Ed this NSM is a good
exmple
[09:31 am] eddy : i moved my stop down to
19.78
[09:31 am] garyb : I crash…loading in a
lot of data for back testing…then I do
forward optimization….my 9.1 crashes
then
[09:31 am] eddy : got stoped with
.6& profit
[09:32 am] eddy : i shud have kept stop at
BE which was 19.89?
[09:34 am] lisas : I’m back, did you have a
question Eddy?
[09:34 am] Ed : understand, sometimes matter
of emotions governing our trade decesions
rather than being objective no wishful
thinking or hope, or fear of loss
[09:34 am] jsn13 : ed, did u tarde NMS or
IOC in the am?
[09:34 am] jsn13 : *trade
[09:34 am] Ed : no
[09:34 am] jsn13 : not high probabilty for
both?
[09:35 am] Ed : did not really look at
them
[09:35 am] apple : right E, being systematic
in your approach helps, if this, then that
[09:35 am] jsn13 : ok….if u see them would
u take them short?
[09:36 am] Ed : ok now I recall IOC, think
someone from room gave us that one
[09:36 am] apple : looking for levels of
support or resistance to take profits
[09:37 am] Ed : IOC was nice one, but did not
take it, if that same trade came again I
would be on the train
[09:38 am] jsn13 : i took IOC short at 10.07
bar at 70.57 and got stopped above hod….was
that a bad entry?
[09:39 am] apple : fyi – sakii posted IOC
[09:39 am] Ed : at that point needed more
confirmation
[09:39 am] jsn13 : one thing i realised is
that it was abit trendy but i still took it
bcos i saw the bearish engulfing signal…
[09:39 am] Ed : oh yea thanks sakii
[09:39 am] mikewd2 -: garyb: you still in the
room?
[09:40 am] jsn13 : after high volume thought
there was somewhat exhaustion….
[09:40 am] sakii : YW
[09:40 am] sakii : not a symbol…sorry
[09:41 am] apple : we get it, thx
[09:41 am] Ed : we understood, plus could not
get buy order for 1million shares of YW
[09:42 am] jsn13 : ed, where would u enter
IOC or NMS short?
[09:42 am] apple : i gotta leave early to
help a friend with a bus. proposal – great
calls today. Thx MK, E and everyone. all
have a fun day. i will be out tomorrow and
maybe thurs.
[09:42 am] lisas : Bye apple
[09:43 am] Ed : hurry back apple and have
fun
[09:43 am] eddy : yes lisa
[09:43 am] eddy : ninja traders wud not be
free to use
[09:43 am] eddy : because u wud need the
data which is US$50 per month
[09:44 am] apple : fyi – before i go, jsn
look on the 3 min. chart for IOC, much more
clear
[09:44 am] eddy : and naturallu NSM tanks
now that i am out of the trade
[09:44 am] Ed : IOC at 10:21
[09:45 am] apple : yes
[09:45 am] Ed : agree with apple, if not
clear look at larger timeframe
[09:45 am] jsn13 : thank apple for the
advice….
[09:45 am] khall : I’ve been looking at
larger timeframes, and it’s helped me a
LOT
[09:46 am] jsn13 : ed, so u typically look
for more than 2 candlestick signals to
confirm the area of resistance to short? if
it is not convincing..
[09:47 am] Ed : when I have a stock like IOC,
right I need what I call strong
confrimtaion
[09:48 am] Ed : even on 2min on IOC one can
see topping action
[09:48 am] jsn13 : but even at 3min i saw
very nice red bar closed after peak
volume…so in this case, still might be
tricked….but 3 min stoch on starts turning
down later….
[09:49 am] Ed : true
[09:50 am] jsn13 : i guess cos its trending
that we need more confirmation….
[09:50 am] Ed : right or go in much smaller
than normal, like if u trade 500 shares go in
with 200 as example
[09:51 am] jsn13 : true cos we dont want to
miss out if they gave good signal right?
[09:51 am] Ed : never worry about missing
out
[09:52 am] jsn13 : ok oppppssss wrong
thought….
[09:52 am] Ed : always think countless
opportunities, but many times u will have to
work a trade so u want some ammo to play
[09:52 am] jsn13 : ok now for NSM, where
would u tkae short?
[09:53 am] Ed : we will go over couple of
charts later close to closing time
[09:53 am] eddy : hey mike u there?
[09:54 am] eddy : ok im calling it a nite#i
have a dinner
[09:54 am] eddy : will see you all
tomorrow
[09:54 am] jsn13 : ok nice ed….thanks
alot….
[09:54 am] eddy : thx for evrything
[09:54 am] joeytsa : bye eddy
[09:54 am] shark : bye eddy
[09:54 am] lisas : bye eddy
[09:54 am] Ed : c ya eddy,
[09:54 am] eddy : lisa will get in touch on
FB for the TS/ninja
[09:55 am] eddy : bye all
[09:55 am] lisas : OK eddy, talk later
[09:55 am] lisas : There goes the market
trying to break 1353
[09:56 am] joeytsa : looks like it mihgt
want 1360
[09:56 am] joeytsa : then the big flush??
[09:56 am] lisas : at least 1356, next
target
[09:57 am] Ed : so what should I do, bet on
black?
[09:57 am] lisas : orange
[09:57 am] Ed : lol
[09:57 am] joeytsa : GS testing $97 res
[09:59 am] shark : tomorrow, Ed?
[10:00 am] Ed : yes, been having issues today
with that 31.80ish area
[10:00 am] Ed : but its been trying
[10:00 am] shark : ahhh… gotcha
[10:01 am] shark : DIA hitting 100day res
area
[10:02 am] Ed : hey mike for the volitility
scanner in TS is that for options?
[10:02 am] shark : SPY broke over 50day
today, now 100day res area
[10:03 am] lisas : Need to learn more about
that, even if for options, it’s probably
based on underlying equities
[10:03 am] Ed : right
[10:03 am] Ed : last time I tried to
configure for stocks it was not what i
wanted
[10:04 am] lisas : don’t you use some kind
of volume expansion Ed?
[10:04 am] Ed : volitility, but I have been
using it in etrade
[10:05 am] sakii : Ed.. It’s fairly
new…for Stocks too…Volatility Score –
$Volatility Score (Version 2)
[10:05 am] lisas : Is that an indicator
Richard? Can you put it in radar screen?
[10:05 am] Ed : in tradestation?
[10:06 am] sakii : Yes lisas
[10:06 am] Ed : when I talked to tech last
time which has been least year they did not
have it
[10:07 am] lisas : I don’t see it, is it
only on the options workspaces?
[10:07 am] Ed : how does it give scoring
-1,-2,-3 and 1,2,3. Thats what I had been
looking for
[10:09 am] Ed : if not will continue to use
etrade for volitility scanner
[10:13 am] sakii : Ed, it gives values like
5.881 and 0.703
[10:13 am] mikewd2 -: for the violitility
score you have sign up or it and they add it
via strategy network to your account in TS
[10:13 am] Ed : hmm, thx will keep using what
i have
[10:13 am] lisas : sakii, is it a hot list,
or an indicator to add to chart?
[10:14 am] lisas : thanks Mike
[10:14 am] sakii : Watching VHC
[10:14 am] jsn13 : ed, that s a nice example
of breakout of hod right? missed it…
[10:16 am] Ed : nice one sakii
[10:16 am] mikewd2 -: make sure you have
Version 9.1 update 11891 or vioitility score
won’t load.
[10:17 am] Ed : yes jason
[10:17 am] lisas : Mike, do you sign up for
it on the data feed account page?
[10:17 am] mikewd2 -: i think so lisas
[10:18 am] mikewd2 -: its a free subscription
– can’t remember where i found it
[10:19 am] sakii : Same with me lisas…I
will let you know tonight, ok
[10:23 am] lisas : thanks
[10:25 am] mikewd2 -: lisa: go to the
strategy network under the client center.
select stocks and it will be show up
there.
[10:26 am] lisas : Thanks Mike!
[10:26 am] mikewd2 -: once they set you up
you launch it from the stratgy network under
the tools in the platform.
[10:27 am] mikewd2 -: it then shows up as an
indicator like all the rest.
[10:30 am] go4it : UAN short?
[10:31 am] mikewd2 -: UAN moved to 50day
moving avg
[10:31 am] Ed : too strong on daily
eventhough coming into resistance, better
play was on long, may give some money on
short but would pass
[10:32 am] lisas : Oh, I was just checking
this area of TS out last week, never used it
before. Thanks Mike and Richard
[10:32 am] Ed : also kind of thin on vol side
this time of day
[10:34 am] mikewd2 -: WLT having nice day
[10:34 am] go4it : Thx Ed
[10:35 am] Ed : no problem
[10:37 am] garyb : Mike…just got your FB
message
[10:38 am] garyb : You should be good at
11.70…I’m in at 11.90…you beat me again!
🙂
[10:39 am] Ed : there is breakout pattern for
u to study jason on aapl
[10:39 am] qwert : volume spike on SM
[10:41 am] jsn13 : ok thanks alot ed….
[10:41 am] Ed : after trading in range,
[10:42 am] jsn13 : 10.36 is the entry..
[10:42 am] jsn13 : right?
[10:42 am] jsn13 : similar to ROSG that u
showed me yesterday…
[10:42 am] Ed : yes
[10:43 am] Ed : see study that particular
pattern build memory log
[10:43 am] qwert : SM givin it up 🙂
[10:43 am] jsn13 : yup very true….haha
once u know the materials on concrete
way…much easy to make since out of it…
[10:44 am] jsn13 : *make sense…
[10:45 am] Ed : and it will be uncertain how
market gives u breakout, be it 1%,2% light
vol, or strong, this is wher u must come
consistent on ur apporach u take
[10:46 am] jsn13 : got it ed….be flexible
yet consistent with a system…
[10:46 am] Ed : right, thats why consistency
is within you, the trader, dont expect
markets to be consistent
[10:48 am] jsn13 : ok nice….got
it….thank u for the reminder…ddi u take
SM short at 1.39pm bar?
[10:50 am] Ed : I tried but did not get
filled that time, did get aapl though
[10:50 am] jsn13 : u mean the breakout or
the short?
[10:50 am] Ed : breakout
[10:51 am] jsn13 : ok thanks ed…whta
scnner u use to help u find those good
ideas?
[10:51 am] jsn13 : cos by the time i see the
calls, i already missed the good entry….
[10:51 am] Ed : Mitch found SM
[10:51 am] jsn13 : saw that…
[10:52 am] Ed : u had plenty of time on SM
[10:52 am] Ed : I always have AAPL chart
up
[10:53 am] jsn13 : though i was late on SM
breakout so did not take it…dont wan to
chase….is it a good idea to keep track of
some stocks everyday?
[10:53 am] Ed : right
[10:53 am] jsn13 : i mean several stocks
that often give good swings?
[10:54 am] Ed : good trades
[10:54 am] jsn13 : ok will satrt to find
some good stocks to follow…wanna find some
atm machines…
[10:54 am] jsn13 : like what joey said…
[10:55 am] Ed : right
[10:59 am] jsn13 : ed, is 10.20 bar a good
continuation of uptrend on WLT long? held 48
support. and broke hod with increasing
volume..
[10:59 am] jsn13 : 10.20 am bar on WLT as
entry for long…
[11:01 am] Ed : just me personally, if I miss
1st breakout Id rather wait on pullback
[11:02 am] qwert : watching ATK
[11:06 am] jsn13 : ATK short at 48.72..
[11:11 am] jsn13 : ed, where is the 1st
breakout that u meant?
[11:11 am] qwert : FB at 32
[11:14 am] Ed : was speaking in general
[11:14 am] jsn13 : ok thanks….
[11:20 am] Ed : I will still watch it 2morrow
qwert
[11:20 am] qwert : for sure
[11:31 am] mikewd2 -: test – big rain storm,
lost internet
[11:31 am] khall : I see you mike
[11:32 am] mikewd2 -: thanks
[11:32 am] khall : sure thing
[11:33 am] mikewd2 -: VIX moving up
[11:33 am] garyb : Mike I got some UVXY like
you did…let’s see what happens…it’s
offered at discount prices! 🙂
[11:33 am] garyb : well this morning
[11:33 am] mikewd2 -: VIX moving
[11:34 am] mikewd2 -: yeah, i got 11.70 but i
wrote covered calls on them
[11:36 am] mikewd2 -: little move
conservative, but still could make some good
money.
[11:39 am] lotus : jcp
[11:39 am] mikewd2 -: FST at 7
[11:46 am] eyes : Hello Everyone
[11:47 am] qwert : eyes hows it goin
[11:47 am] eyes : Good just checking in on
you all
[11:47 am] mikewd2 -: hey eyes
[11:47 am] Ed : EYES
[11:47 am] qwert : we miss you
[11:47 am] joeytsa : can you see me now
🙂
[11:48 am] eyes : Me too
[11:48 am] skydiver : hey eyes — I just
popped on looking to see what’s up and there
you are 🙂
[11:48 am] eyes : I just signed in Sky just
saying Hy to everyone
[11:49 am] skydiver : well — great to see
you eyes 🙂
[11:49 am] qwert : when are you coming
back
[11:49 am] eyes : I am not shure yet
[11:51 am] eyes : So how have all of you
been
[11:53 am] jsn13 : Mitch, what stock is
this?
[11:53 am] joeytsa : eye, that is Mitch’s
new system
[11:54 am] eyes : hows that working is it up
and running
[11:54 am] qwert : not yet eyes
[11:56 am] mikewd2 -: Look very similar to my
Heiken Ashi chart in 2min
[11:57 am] jsn13 : in that where would ur
stop be mitch?
[11:59 am] eyes : so when is it going to be
ready
[12:00 pm] qwert : i think he said in about
a month eyes
[12:00 pm] eyes : I have been gone for a
month that was a month ago
[12:01 pm] qwert : wow already been a whole
month
[12:01 pm] mikewd2 -: Mitch, what the
difference between your chart and Heiken Ashi
2min chart?
[12:01 pm] eyes : a couple of days shy but
pretty close
[12:02 pm] mikewd2 -: so eyes have you moved
back?
[12:03 pm] eyes : I am In Iowa but my home
did not sell so the family is going back
[12:04 pm] khall : bummer….
[12:06 pm] eyes : I got to go with the flow
sometimes things happen for a reason
[12:06 pm] Ed : true
[12:06 pm] jsn13 : Mitch what stock is
that?
[12:06 pm] lisas : Well, don’t do your
rollout webinar the week of July 12th!
[12:07 pm] lisas : because I don’t want to
miss this.
[12:07 pm] victor51 : Mitch, can you show us
current MPC
[12:08 pm] lisas : y
[12:09 pm] victor51 : yes
[12:09 pm] lisas : not anymore
[12:09 pm] lisas : stopped
[12:09 pm] jsn13 : Means u get stopped
earlier when it is not working??
[12:10 pm] qwert : mk is there a signal
there anywhere to short
[12:10 pm] lisas : seems like it would be
great to monitor the days strong stocks to
see which ones pop at end of day
[12:10 pm] victor51 : Thanks Mitch. It was
right on
[12:11 pm] eyes : Well It was nice talking
to you all call me some time QWERT got to
go
[12:12 pm] Ed : take care eyes
[12:12 pm] qwert : i will eyes
[12:12 pm] khall : see you soon eyes
[12:13 pm] qwert : so mitch would you not
have opened a short on mpc
[12:14 pm] qwert : okay thx
[12:14 pm] qwert : be nice if FB closes in
this 32 area
[12:15 pm] qwert : cant wait mitch
[12:15 pm] victor51 : IThat will be awesome
and it will allow us to look for other
trades
[12:21 pm] victor51 : Mike, isn’t that it
gives you clear entry or exit point without
your thinking?
[12:22 pm] victor51 : Hi eyes, How are you?
Are you missing Trading Room?
[12:29 pm] jsn13 : Ed, r u in any trade
right now?
[12:29 pm] Ed : no
[12:31 pm] jsn13 : can we go over some
charts?
[12:32 pm] Ed : Mitch went over some already
so will save for another day this week
[12:32 pm] jsn13 : ok sure….thanks….
[12:32 pm] mikewd2 -: thanks Ed
[12:34 pm] Ed : thanks to you all as well for
recommending going over charts, help with
beginners and the old foggies also
[12:34 pm] shark : 🙂
[12:35 pm] jsn13 : we should thank u for
spending the time and effort to explain in
concrete ways….kearn way more with that
approach…
[12:36 pm] Ed : great to hear, Im sure when I
get out of line you all will be 1st to let me
know, maybe 2nd. Lisa is always 1st
[12:36 pm] qwert : i noticed that about her
Ed 🙂
[12:37 pm] jsn13 : haha…..u r a great
teacher…thanks…
[12:38 pm] khall : I’m out for the day –
thanks Ed, Mitch and all of you fabulous
traders. I’ll see you next week.
[12:38 pm] Ed : after 5 years joey finally
puts pic up of his system
[12:38 pm] Ed : c ya khall
[12:38 pm] Ed : nejoy
[12:38 pm] Ed : enjoy
[12:38 pm] khall : 🙂 thx
[12:38 pm] jsn13 : Ed, when is ur turn to
show us ur system?
[12:39 pm] lisas : yeah, I”m still here
[12:39 pm] qwert : i was impressed
[12:39 pm] lisas : Have fun khall
[12:39 pm] Ed : mine is from the gut
[12:39 pm] Ed : 🙂
[12:40 pm] Ed : actually thats another great
book, “trading from your gut” by Curtis
Faith
[12:41 pm] qwert : excellent book agree
100%
[12:41 pm] Ed : like a lightbulb went off
[12:48 pm] Ed : lol
[12:53 pm] victor51 : Ed, i had a good day
in Sim. I increased the trade size in am and
it was good. Then i tried nickle and dime in
the afternoon and gave it back little.
[12:54 pm] Ed : after those first 90 minutes,
have to be really selective, u can also
reduce size later so ur keeping majority of
profits
[12:55 pm] Ed : nice going, just continue to
focus on trading action of what you see and u
will continue to do fine
[12:56 pm] qwert : bye everybody great calls
today cya all in the am
[12:56 pm] Ed : c ya qwert
[12:56 pm] sakii : Good Nite &
Thanks
[12:56 pm] Ed : c ya sakii
[01:01 pm] akram : good nite all
[01:02 pm] akram : Thanks
[01:06 pm] victor51 : Thanks Ed. Only thing
is pm trades are slower and very tempting to
take trades but smaller losses accumulates
fast
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