Bullish steam is disappearing today, trend line has been broken and bearish engulfing is about to formed---time to show flexibility in trading. Whenever current price is falling down below opening price, and net price, time to short at the peak of 5 min chart. However, overall trend is still bullish (above 8 MA, 50, 100, 200 MA), extra caution has to be applied,...
Bullish steam is disappearing, trend line has been broken and bearish engulfing is about to formed---time to show flexibility in trading. Whenever current price is falling down below opening price, and net price, time to short at the peak of 5 min chart. However, overall trend is still bullish (above 8 MA, 50, 100, 200 MA), extra caution has to be applied,...
Market sentiment is continuously bullish. Today's high is higher than yesterday's high and above 8 MA. Tomorrow's price will be tested at the top price of 169.07 of 5/22/13. As long as market is bullish, go long, long ,long only. I make profits by going long at the bottom of 5 min chart and unload at the peak of 5 min chart. Because resistance is approaching...
Today market was bullish, closing price above 8 MA, yesterday's high.However, we are approaching to the recent market top of 5/22/13 very soon on Monday or so. I noted Stoch RSI is about to close, up trend steam is running out... This doesn't mean I have to start to short. Not yet, because MACD is still up pointing. There is some energy left to upside. Monday the...
Today market was bullish, closing price above 8 MA, yesterday's high. I made profits because I traded from long side. However, we are approaching to the recent market top of 5/21/13 very soon on Monday or so. I noted Stoch RSI is about to close, up trend steam is running out... This doesn't mean I have to start to short. Not yet, because MACD is still up...
As I predicted yesterday, uptrend is continuing. So I continue long, only from long side at the bottom of 5 min chart by 2 min chart (because action is there) and unload at the peak of 5 min chart several times today. Made a lot of profits. This trend will continue till forming double top at the price of 5/22/13. Then, from there, either go up or go down....
I made big profit today because I went long as I expected on previous publication. Tomorrow is turning point day. If opening price is passing up 1654.19, chances will be going up to 1659.19, forming double top. If opening price is falling below 1654.19, then, chances will be down trend for a while. I will continue long as long as price is moving up over opening...
Continue long as long as MACD line is up, MACD histogram is up, Stoch RSI is pointing up and the current price is above opening & net price, above 8 MA. This is perfect set up of going long til trend reversed. I go long at the bottom of 5 min chart by entering at 2 min chart until Stoch RSI is turning down
Continue long as long as MACD line is up, MACD histogram is up, Stoch RSI is pointing up and the current price is above opening & net price, above 8 MA. This is perfect set up of going long til trend reversed. I go long at the bottom of 5 min chart. I will continue long until resistance line is being hit, which I noted today. This is the high VIX time and...
Continue long because price is above more than 100 MA and stock RSI is up, MACD line is up, histogram is up. So, as long as the current price is above the opening price on this date, go long, long, long only on 5 min chart. But resistance is approaching near, So be careful. Tightening stop loss is wise act.
long but be ready to short if price is falling below opening price and net price, because MACD is not uptrend yet---very easy to fall to downside. Follow trend. I dance while music is on.
May 22 could be the market top. Big crash is coming.... Be ready to short. No more cheap money to wall street by tapering soon. SMA 8, 16, 24 all pointing down today. If price falls down below opening price and net price, then, short, short, short. short only. Short only on the peak of 5 min chart. I made $3,000 today. Good luck every body !