Last week, a reader asked for an example of an easy technical play… a lay-up. Here is an example of One Good Trade in RIMM – a pullback short supported by multiple technical factors.
After Hours Trend with Confirmation Pattern
After the Close it can be tempting to leave the battlefield. I am tired. I could use a snack and some liquids. There are some emails to return. I didn’t check out that rain dance baseball video on Youtube yet. It is so nice out maybe I can sneak out early for a run. Who needs to risk taking a … Read More
Don’t Fight the Trend…. Save
We teach our traders to follow the trend. I certainly can fade stocks. For three years this is how I more than paid the bills from 03-06. And this fading period cemented my tape reading skills. So it’s not that I would never advocate fading as a strategy. Just not now. Not in this market. Well save a few … Read More
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