Michelle B submits:
Having read a few comments at trading blogs—OK, I have read zillions—I have encountered more often than not, a frenzied, harried, stressful approach to time when one is trading. Some feel the demonic pressure crushing them as soon as the market opens; others feel enervated by its demands needling and pinpricking them [...]
Browsing Candlesticks™
Time is on the Trader’s Side
Posted by Michelle B in March 30th, 2007
11 Comments
Posted in: Michelle B's Posts, Stock Market Tags in: Candlesticks, Earnings, economic-reports, Opening_Range_Breakouts, Options_Expiration, psychology, Reversal and trend
Tools of the ‘Trade’ — How I Work
Posted by Michael in June 6th, 2006
Posted in: Stock Market, Trading Techniques Tags in: Alerts, Briefing.com, Cable_Modem, Candlesticks, CyberTrader, Entries, eSignal, Exits, FAQ, hardware, Indicators, Japanese Candlestick Charts, Moving Averages, Opening_Gaps, Partial_Profits, Position Sizing, Questions & Answers, Resources, Scanners, Scanning, Screeners, Screening, Software, Stock_Scans, Stops, Stop_Loss_Orders, TC2000, TeleChart and Trade-Ideas
I’ve had several people ask me for more details about my trading process and the software that I use. Hopefully this post will answer those questions. Please leave any other questions n the comments section. I’m going to run through the hardware and software that I use as well as how I manage [...]
Chart Request: Metlife, Inc. (MET)
Posted by Michael in February 26th, 2006
Comments Off
Posted in: Chart Reading Tags in: Bearish-Divergence, Candlesticks, Consolidation, Metlife-Inc.-(MET), On-Balance-Volume-(OBV) and Reversal
Erik wrote:
Could you please take a look at MET for me and tell me what you think. This is a high volume slow mover but I think it could be ready for a big push upward. It looks to me like it’s been hovering around it’s 50 moving average building strength with steady volume. Does [...]
Trading 101: Recommended Reading - ‘Japanese Candlestick Charting Techniques’
Posted by Michael in June 13th, 2004
Learning how to use candlestick charts was probably the second most important thing I’ve learned (money management is a clear #1) since I started trading for a living. The funny thing is that when I started trading all of the charts in my trading software were defaulted to displaying candlestick charts. At that [...]
Let’s Review
Posted by Michael in May 29th, 2004
Posted in: Stock Market Tags in: Bollinger_Bands, Bottoming, Candlesticks, Daryl-Guppy, Doji, Gaps, Hammers, Island-Reversal, Japanese Candlestick Charts, Moving Averages, Multiple_Moving_Averages, On-Balance-Volume-(OBV), Oversold, Reversal, Snap-Back-Rally, Spinning-Top, Swing_Trading, TC2000 and TeleChart
I thought I’d walk through the NASDAQ chart for the last month or so to show you how I came up with my game plan. This chart will look a bit different than the charts I usually post because I’m showing Guppy’s Multiple Moving Averages instead of just showing the 10, 50 and 200-day [...]
May Lows Still Holding
Posted by Michael in May 18th, 2004
Posted in: Stock Market Tags in: Candlesticks
After yesterday’s gap down opening the market basically ended where it opened. The indices tested last week’s lows and bounced back, making spinning tops in the process. (Note that I use SPY and DIA to do candlestick analysis on the S&P 500 and Dow respectively. That’s because of the way NYSE stocks [...]
Breaking It Down
Posted by Michael in May 31st, 2003
Posted in: Stock Market Tags in: Bollinger_Bands, Candlesticks, Capital_Preservation, Exits, Expectancy, FAQ, Gary_B._Smith, Indicators, Japanese Candlestick Charts, Moving Averages, Multiple_Moving_Averages, Position Sizing, Resources, Stock_Scans, Stops, Stop_Losses, Stop_Loss_Orders, Swing_Trading, TC2000, Technical Analysis, TeleChart, Trading_Journals and Trading_System
For a while now I’ve been meaning to explain who I am and how I trade. After reading Dr. Steenbarger’s blog today, I’ve been inspired to do it, so here goes. It appears that my trading philosophy is very similar to that of Dr. Steenbarger. I’ll attempt to use similar headings [...]
