Comments on: VCLK, Not Just Another Pretty Face http://tradermike.net/2006/11/vclk_not_just_another_pretty_face/ Trading, Stocks, Stock Market, Money Mangement & Risk Management Fri, 21 Nov 2008 00:07:13 +0000 http://wordpress.org/?v=2.6.3 By: Michelle B http://tradermike.net/2006/11/vclk_not_just_another_pretty_face/#comment-4995 Michelle B Fri, 17 Nov 2006 07:41:11 +0000 http://tradermike.net/2006/11/vclk_not_just_another_pretty_face/#comment-4995 Peter, Yup, some daytrades are so delicious you just want to take a bite. Best of skill with your currency trading! Peter, Yup, some daytrades are so delicious you just want to take a bite. Best of skill with your currency trading!

]]> By: Peter http://tradermike.net/2006/11/vclk_not_just_another_pretty_face/#comment-4980 Peter Thu, 16 Nov 2006 20:22:31 +0000 http://tradermike.net/2006/11/vclk_not_just_another_pretty_face/#comment-4980 hi micelle, deliciuos..everytime i read about your trades, i get a great appetite to daytrade stocks again...unfortunatly ive been moving to currencys a while ago, which leaves you with quite a small pool to pick daytrading candidates... :) hi micelle,

deliciuos..everytime i read about your trades, i get a great appetite to daytrade stocks again…unfortunatly ive been moving to currencys a while ago, which leaves you with quite a small pool to pick daytrading candidates… :)

]]> By: Michelle B http://tradermike.net/2006/11/vclk_not_just_another_pretty_face/#comment-4978 Michelle B Thu, 16 Nov 2006 18:44:16 +0000 http://tradermike.net/2006/11/vclk_not_just_another_pretty_face/#comment-4978 Zoomie, you are very welcome. Zoomie, you are very welcome.

]]> By: Zoomie http://tradermike.net/2006/11/vclk_not_just_another_pretty_face/#comment-4977 Zoomie Thu, 16 Nov 2006 18:22:33 +0000 http://tradermike.net/2006/11/vclk_not_just_another_pretty_face/#comment-4977 Michelle, Thanks for sharing this trade! I am looking to expand my toolbox in the future. This has helped a great deal! Michelle,
Thanks for sharing this trade! I am looking to expand my toolbox in the future. This has helped a great deal!

]]> By: Michelle B http://tradermike.net/2006/11/vclk_not_just_another_pretty_face/#comment-4975 Michelle B Thu, 16 Nov 2006 15:14:28 +0000 http://tradermike.net/2006/11/vclk_not_just_another_pretty_face/#comment-4975 Hi Red Juice! My ATP (advanced trading platform) has a streaming real-time ticker or scan that tracks stock's intra highs and lows and 52 week highs and lows during both extended and regular hours. I can set various defaults, per volume and price for which stocks are allowed to stream. Thousands of symbols flash by. This hi/lo ticker or scan is my lifeblood, keeps me tuned to the market both during extended and regular hours. I know most symbols, so when they whizz by, I have an idea which sectors are weak or strong, by the rate of the symbols moving by, I can determine if the general market is sluggish or perky, if the hi or the lo ticker is screaming (this is how I located MATR for a capitulation trade, check my posts for the MATR one), then I know that the market is moving up or down. I love this thing. It is not your top gainers/losers scan which on my ATP is limited to only 10 stocks at a time. During earnings season, I will normally hangout after the close, which is 10 P.M. my time, to see if any intra highs and lows are being made. And I will jot them down, and then hit the sack. In the A.M. I then investigate via research to get a trading watchlist for that day. If your ATP does not have this, I think you can get the feature from esignal for a monthly nominal fee (at least several years ago, you could). Hi Red Juice! My ATP (advanced trading platform) has a streaming real-time ticker or scan that tracks stock’s intra highs and lows and 52 week highs and lows during both extended and regular hours. I can set various defaults, per volume and price for which stocks are allowed to stream. Thousands of symbols flash by.

This hi/lo ticker or scan is my lifeblood, keeps me tuned to the market both during extended and regular hours. I know most symbols, so when they whizz by, I have an idea which sectors are weak or strong, by the rate of the symbols moving by, I can determine if the general market is sluggish or perky, if the hi or the lo ticker is screaming (this is how I located MATR for a capitulation trade, check my posts for the MATR one), then I know that the market is moving up or down.

I love this thing. It is not your top gainers/losers scan which on my ATP is limited to only 10 stocks at a time.

During earnings season, I will normally hangout after the close, which is 10 P.M. my time, to see if any intra highs and lows are being made. And I will jot them down, and then hit the sack. In the A.M. I then investigate via research to get a trading watchlist for that day.

If your ATP does not have this, I think you can get the feature from esignal for a monthly nominal fee (at least several years ago, you could).

]]> By: Red Juice http://tradermike.net/2006/11/vclk_not_just_another_pretty_face/#comment-4973 Red Juice Thu, 16 Nov 2006 14:45:30 +0000 http://tradermike.net/2006/11/vclk_not_just_another_pretty_face/#comment-4973 Thanks Michelle, that was such a great morning read. I am curious why VCLK appeared on your high scan. I am looking back three months and, while it was close it was not at it's 52 week high (as of Nov 1, 2006). November 1st doesn't look like such a big move that it would have appeared on the most active gainers. Can you let me know what I am missing? Merci. Thanks Michelle, that was such a great morning read. I am curious why VCLK appeared on your high scan. I am looking back three months and, while it was close it was not at it’s 52 week high (as of Nov 1, 2006). November 1st doesn’t look like such a big move that it would have appeared on the most active gainers. Can you let me know what I am missing? Merci.

]]> By: Michelle B http://tradermike.net/2006/11/vclk_not_just_another_pretty_face/#comment-4968 Michelle B Thu, 16 Nov 2006 09:11:29 +0000 http://tradermike.net/2006/11/vclk_not_just_another_pretty_face/#comment-4968 Jamie, I am a Fibonacci illiterate! In my typical low-tech fashion, I count the chart grids (I will sometimes flip from timeframe to timeframe to capture more easily summed-up whole grids instead of fractions!) comprising the first leg, and then count that same number of chart grids from the bottom of the retracement or pullback lows to the hypothetical target. This homespun method could only be expected from a lass that uses clear plastic rulers to determine trendlines! Since I have noticed that sometimes true fully measured moves do not happen--they can over or undershoot--I settle on ranges and use trailing stops. I also sometimes mentally superimpose measured moves on longer timeframes on the weekly and the monthly over the shorter timeframes, coming up with a eyeballed average of the expected move. I will also use price levels, moving averages, and trendlines on various timeframes to bracket the possible next price leg. Jamie, I am a Fibonacci illiterate!

In my typical low-tech fashion, I count the chart grids (I will sometimes flip from timeframe to timeframe to capture more easily summed-up whole grids instead of fractions!) comprising the first leg, and then count that same number of chart grids from the bottom of the retracement or pullback lows to the hypothetical target.

This homespun method could only be expected from a lass that uses clear plastic rulers to determine trendlines!

Since I have noticed that sometimes true fully measured moves do not happen–they can over or undershoot–I settle on ranges and use trailing stops.

I also sometimes mentally superimpose measured moves on longer timeframes on the weekly and the monthly over the shorter timeframes, coming up with a eyeballed average of the expected move. I will also use price levels, moving averages, and trendlines on various timeframes to bracket the possible next price leg.

]]> By: Jamie http://tradermike.net/2006/11/vclk_not_just_another_pretty_face/#comment-4965 Jamie Thu, 16 Nov 2006 03:23:01 +0000 http://tradermike.net/2006/11/vclk_not_just_another_pretty_face/#comment-4965 Lullipop indeed. Thanks for another insightful post Michelle. BTW, how do you calculate your measured move, are you using Fibonacci extensions? Lullipop indeed. Thanks for another insightful post Michelle. BTW, how do you calculate your measured move, are you using Fibonacci extensions?

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