trademan1

trademan1

This is a bearish posture on crude oil, by going long on the 3x inverse crude oil symbol DWTI. The chart is making higher highs and higher lows on an uptrend lately. The MACD recently climbed above an intermediate resistance and is on its way to make all time highs. Likewise, the chart is approaching a previous high at 175.63, and looks like it should break out...

trademan1

The chart shows a recent gap up with a bullish engulfing pattern. The MACD indicates bullish divergence with higher lows while the chart was making lower lows. Additionally, the chart gapped up over the 50 day moving average and has a lot of room to run.

trademan1

The homebuilder's sector spdr had a doji on the 50ma and then a bullish engulfing candle the next day. The chart is in an uptrend and forming a symmetrical triangle pattern. The waves are mostly bullish so an upwards breakout should be likely.

trademan1

Endo made a morning star candlestick low on the 20ma and is now bouncing upward to continue the bullish trend. The waves show a strong bullish bias that will strengthen as the A waves re-cross upwards over the zero line.

trademan1

The retail sector spdr recently made a doji right above the moving average followed by an engulfing candle. It's on a nice uptrend with higher lows and higher highs...

trademan1

The selloff is over it looks like it might be reverting to the mean (going back to one of the averages). When the ma8 gets this far from ma20 the price seems to move back...Price is seperating from the lower bollinger band and a good risk to reward trade could be considered here.

trademan1

here we have a triangle forming while the chart is in an uptrend, it should break out to the upside

trademan1

made a higher low, will it make a higher high

trademan1

Gapped up recently on good results from of clinical trial of Emricasan

trademan1

Gapped up over quite a few moving averages, I like how it made a low with a doji and then gapped up

trademan1

Nordic American Tankers would be another good long term buy and hold. The price is crossing above all moving averages and the waves are nearly all above 0. In this case I tuned off C1 since it was below zero and just am concentrating on waves C2 through A. Good charts to trade don't need all the waves across 0, just the ones that currently are agreeing with the...

trademan1

China's large cap ETF is a good stable long term buy, breaking out over resistance currently. All waves are above zero.

trademan1

Raptor Pharmaceutical has broken out of a small pennant formation and is about to break out over resistance from last June. A measured move is possible.

trademan1

Orexigen shares are rising on a weight loss drug approval in Europe. The waves are above zero and rising...

trademan1

There are Brazil stocks currently on the upswing. Here we see tangent slope changes from negative to positive on wave A or B while they are below zero. Wave C remains above zero regardless of slope tangent. This configuration offers buy on the dip trading opportunities where reward to risk is maximized. This always works for those who find themselves frequently...

trademan1

Here is a final example showing the chart made the best rallies when all waves were above 0 . Using the indicator in the compact form makes it easier to inspect potential charts quickly, in order to participate in the profits anytime during the rally event. Perfect timing of the waves crossing 0 is not required for trade entry, an initial stop could be the last...

trademan1

Here is another bullish chart example that shows the compact original form of the indicator is useful. The waves don't really need to be seperated. The last indicator on the bottom shows that that all waves are above zero in place of the three above it.

trademan1

The uptrend is strong and it is easy to see why, all the short term wave-A's, medium term wave-B's, and long term wave-C's are above zero ...