tag:blogger.com,1999:blog-19713238.post868833947214312914..comments2023-11-05T06:41:02.893-05:00Comments on Wall St. Warrior: Dummy Trade of the Day - First Solar, Inc. (Public, NASDAQ:FSLR)TJhttp://www.blogger.com/profile/13294634341130531371noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-19713238.post-79766291601541857962007-03-23T09:37:00.000-04:002007-03-23T09:37:00.000-04:00Those pivot points are so important because everyo...Those pivot points are so important because everyone is focused on them.<BR/><BR/>Good Trading!TJhttps://www.blogger.com/profile/13294634341130531371noreply@blogger.comtag:blogger.com,1999:blog-19713238.post-77322680879869068992007-03-23T09:32:00.000-04:002007-03-23T09:32:00.000-04:00Thanks, I see it now. Pretty amazing how prices s...Thanks, I see it now. Pretty amazing how prices stick to Fib extensions.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19713238.post-80950995880137530322007-03-23T07:49:00.000-04:002007-03-23T07:49:00.000-04:00Thanks Zoomie.@Babak and GreytraderI see a median ...Thanks Zoomie.<BR/><BR/>@Babak and Greytrader<BR/><BR/>I see a median pivot point support level for MOT between $17.42 and 17.52 dating back to 2004 early 2005. A few dates where this level served as resistance on the way up are: 13.05.2004, 19.10.2004, 15.12.2004 and 18.01.2005.<BR/><BR/>I'm not great in math so I'm not sure what your numbers are Greytrader. I hope the first part of my answer responds to your question.<BR/><BR/>Good question on FSLR Babak, but I'm afraid I don't have a good answer. The truth is lunch and my stop did not get hit.TJhttps://www.blogger.com/profile/13294634341130531371noreply@blogger.comtag:blogger.com,1999:blog-19713238.post-41533406034759903792007-03-23T01:42:00.000-04:002007-03-23T01:42:00.000-04:00I do not understand your MOT target either. Which...I do not understand your MOT target either. Which daily support ? The target was the 23.6 % fib extension, how did you get to the 100 % value of 16.60 ? Pretty cool however you got to it :-)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19713238.post-69969514607929446432007-03-23T00:19:00.000-04:002007-03-23T00:19:00.000-04:00Newz, great questions! I say that cause the answe...Newz, great questions! I say that cause the answers are gonna be helpful ;)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19713238.post-42526159175118311002007-03-23T00:14:00.000-04:002007-03-23T00:14:00.000-04:00Jamie,re MOT: what daily support do you mean exact...Jamie,<BR/>re MOT: what daily support do you mean exactly? I only find support at around $14.50 April '05.<BR/><BR/>re: FSLR, how did you stay in through the 1:15pm/16th candle? what was different about it, compared to say, the NUAN 'rounded top'?<BR/><BR/>thanksAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-19713238.post-41808144253234241092007-03-22T23:34:00.000-04:002007-03-22T23:34:00.000-04:00Hi Newz,A hammer reversal bar after an orderly pul...Hi Newz,<BR/><BR/>A hammer reversal bar after an orderly pullback doesn't need confirmation, I was just being extra cautious. I waited until the next candle closed green and entered on the open of the following (12th) candle. The momo move off of the open was on increasing volume and the pullback on declining volume. That usually means the bias is bullish, so you can look for a reversal. Volume on the hammer reversal bar was higher than the red bars leading into it - classic tape reading reversal setup.<BR/><BR/>On NUAN 5 minute, it was starting to feel like a rounded top - too much supply, so I tightened the stop.<BR/><BR/>Three computers - one for scanning, one for esignal and one for IB platform. I'm not very sophisticated when it comes to technology, for example, I don't even know how to program my setup so that I can execute from esignal directly. Only use two screens for esignal.TJhttps://www.blogger.com/profile/13294634341130531371noreply@blogger.comtag:blogger.com,1999:blog-19713238.post-20127469434540810262007-03-22T23:01:00.000-04:002007-03-22T23:01:00.000-04:00Jamie,On FSLR trade, what was the confirmation? An...Jamie,<BR/>On FSLR trade, what was the confirmation? And your entry is 12th bar on break of 11th bar high? Just curious to know if you think there was a good reversal setup after the initial 3 strong upward move and failure to clear 50% fib?<BR/><BR/>On NUAN, how did you feel the price was going to come back in? Was it the relatively high volume on 11.40 ET 5 min bar? Or was it something else we can look to, other than your intuition? :)<BR/><BR/>Btw, since you track quite a number of stocks, how many PC monitors do you use for trading. Can you share how you setup in each PC? Thanks<BR/><BR/>NewzAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-19713238.post-37944413199778592532007-03-22T22:23:00.000-04:002007-03-22T22:23:00.000-04:00Thanks and welcome LP.Thanks and welcome LP.TJhttps://www.blogger.com/profile/13294634341130531371noreply@blogger.comtag:blogger.com,1999:blog-19713238.post-88364581727113072102007-03-22T22:18:00.000-04:002007-03-22T22:18:00.000-04:00Jamie nice trade. That's exactly how I wanted to t...Jamie nice trade. That's exactly how I wanted to trade it. I had it up but didn't put it up offically on paper. Thanks for the heads up on the book.LPhttps://www.blogger.com/profile/11803548402479540869noreply@blogger.comtag:blogger.com,1999:blog-19713238.post-32986993721251999822007-03-22T21:43:00.000-04:002007-03-22T21:43:00.000-04:00Thanks Glen,You can draw a line above and below yo...Thanks Glen,<BR/><BR/>You can draw a line above and below your OR on the 5 minute as well. That way when price comes close to the lines you can decide if there is a trade there.TJhttps://www.blogger.com/profile/13294634341130531371noreply@blogger.com