tag:blogger.com,1999:blog-19713238.post7358185794475420282..comments2023-11-05T06:41:02.893-05:00Comments on Wall St. Warrior: Dummy Trade of the Day - Interactive Intelligence (Public, NASDAQ:ININ)TJhttp://www.blogger.com/profile/13294634341130531371noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-19713238.post-86051760805083049282007-01-01T01:43:00.000-05:002007-01-01T01:43:00.000-05:00Hi YR,
I actually used both the 15 and 5 minute t...Hi YR,<br /><br />I actually used both the 15 and 5 minute timeframes for setting up my entry long into AAPL. In posting the 5 minute chart, I just wanted to show how price narrowed in an orderly fashion over the course of the first three 5 min. bars, making it a reasonably low risk entry on an uptick in volume. The 15 minute timeframe just shows a hammer and the second bar entry might looked rushed, when in fact it wasn't.TJhttps://www.blogger.com/profile/13294634341130531371noreply@blogger.comtag:blogger.com,1999:blog-19713238.post-65443613741447729952006-12-31T20:37:00.000-05:002006-12-31T20:37:00.000-05:00Jamie,
Why did you use 5 min chart for trading for...Jamie,<br />Why did you use 5 min chart for trading for AAPL instead of your usual 15 min? Thx<br /><br />YRAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-19713238.post-55865267381145961222006-12-31T09:44:00.000-05:002006-12-31T09:44:00.000-05:00Technical Analysis of Stock Trends by Edwards and ...Technical Analysis of Stock Trends by Edwards and Magee is the best basic book on Technical Analysis. I bought my copy in a used book store. It's the 1955 edition and its timeless. The newer more pricey versions have extras added by other writers but there's not much value added. I also like the Pring book because it comes with a DVD. Once you have the basics on technical analysis, you'll need the Candlestick book to get an edge on reversal patterns, but first things first.TJhttps://www.blogger.com/profile/13294634341130531371noreply@blogger.comtag:blogger.com,1999:blog-19713238.post-42829219463339626052006-12-30T11:14:00.000-05:002006-12-30T11:14:00.000-05:00J-
Out of the 5 books on your right panel, which ...J-<br /><br />Out of the 5 books on your right panel, which one would you recommend the most? Tx!NAhttps://www.blogger.com/profile/09308905056511377295noreply@blogger.comtag:blogger.com,1999:blog-19713238.post-50563790249796349822006-12-29T23:43:00.000-05:002006-12-29T23:43:00.000-05:00Hey Basim,
The QID is a mirror opposite of the QQQ...Hey Basim,<br />The QID is a mirror opposite of the QQQQ, and yes it looks like it has a solid base from which to move higher.<br /><br />However, it is hard to forecast too far ahead especially given this week's low volume activity. The first week of January is generally very bullish and we may have a totally different view by the end of next week.<br /><br />Near term, I would expect the NASDAQ to pullback and retest its breakout level around 2360-2375. On a slightly longer term, I think that sometime in 2007, we will retrace 38% of the bubble highs which will bring us to 2650.TJhttps://www.blogger.com/profile/13294634341130531371noreply@blogger.comtag:blogger.com,1999:blog-19713238.post-75824318069897231802006-12-29T16:32:00.000-05:002006-12-29T16:32:00.000-05:00Hey Jaime. How bullish are you going into early Ja...Hey Jaime. How bullish are you going into early Jan. 2007. Lookin at the action on the QID, I find it pretty hard to be bullish. Am i too early into the bearish side. Double bottom with severe positive divergences on the QID measure at least 4 pts from here. What do you think? <br />BAsim.Anonymousnoreply@blogger.com