JTH's Account Talk

[JTH]

JTH,

That was a fine trade! I could not make out the indicators. I think that you used a 5- or 6-day chart. What other indicators are there? Are those quadrant lines, or what? Tia.

Thanks, it was good to put some cash to work and walk away a winner. There were no indicators used, just price and volume. The red line is where the entry was taken, the green line is where the exit was taken.

 

[JTH]

I posted my blog, but keep getting an error message, so in the meantime.

[h=2]Opex Week Performance By Month, And Why March Opex Is Notable[/h]

 

[JTH]

Per Diem: Stop Yellen at me

Within Saturday's Mixed Bag blog I posted for W4500

"Lower highs & higher lows are producing triangle-style compression, hinting towards a breakout"

As events transpired, on Monday we triggered a Bullish Triangle Breakout

"Triangles form as prices contract on a P&F chart. The X-Columns (up) form successive lower highs as the O-Columns (down) form successive higher lows. The inability of prices to break from this contracting range reflects a standoff between buying pressure and selling pressure. This standoff is resolved with the next P&F signal. A Double Top Breakout makes the triangle bullish, while a Double Bottom Breakdown makes the triangle bearish."

There are no changes in the price objective, just a continuation of the preceding bullish direction.

 

[JTH]

Good day in the markets, some sucker's rally

 

[wavecoder]

Good day in the markets, some sucker's rally

The only suckers are the ones too afraid to stay invested. Gotta be in to win :nuts:

 

[JTH]

Per Diem: Cannonball Run

The Point & Figure Market Board shows the Transport's with a Double Top Breakout



___
Transports

• 4 March triggered a Double Bottom Breakdown
  
• 12 March Triggered a Low Pole Reversal
  
• 18 March Triggered a Double Top Breakout with a 9834.78 or 7.85% bullish price objective, with a reversal triggered at 8760.8 or -3.93%
  

 

[JTH]

Per Diem: Strange Brew

20-year Monthly chart of the U.S. Dollar, showing we've had one hell-of-ah 10-month run...

 

[bmneveu]

Not a single red stick in 10 months. Man I wish I knew anything at all about trading forex.

 

[Frixxxx]

Not a single red stick in 10 months. Man I wish I knew anything at all about trading forex.

My radar has been on this, I'm afraid that the signs are pointing to reversal.

 

[Valkyrie]

My radar has been on this, I'm afraid that the signs are pointing to reversal.

yes soon. and soon time to be in I-fund

 

[Frixxxx]

yes soon. and soon time to be in I-fund

With Greece still playing around with austere issues, I'm still hesitant to jump that way.

 

[JTH]

Trading the Stats: Wk 12's Flat

 

[JTH]

Trading the Stats: Wk 12's Flat

Per Diem: Volume

Overall, Friday saw the 2nd largest volume over the past 3 months

 

[JTH]

"Panning for gold"

23 March, NUGT @ 11.60

 

[Frixxxx]

"Panning for gold"

23 March, NUGT @ 11.60

you looking to 40? or 400?

 

[JTH]

"Panning for gold"

23 March, NUGT @ 11.60

you looking to 40? or 400?

Nothing that fancy, this is a very-short-term trade, looking to exit in the 12s and want it to be by tomorrow

 

[JTH]

You look like you could use some good news, so here it is, the NASADQ 100 getting bid...

 

[JTH]

23 March, NUGT @ 11.60

24 March, out @ 11.60 (it did ride up to 12.26, but I couldn't get to it in time.

 

[JTH]

24 March TMF @ 98.15

 

[JTH]