3SOF

on the sidelines
CSIQ  broke the trendline

in solf overnight
at the break of 15.46

hi,
sold my solf at 16. caught the pop on LEH. in and out of LEH  18.87 . out 1950 on the reverse hammer 5 min candle

HI,
scalping profits where i can today ,
SKF  , UYG ( QUICK SHORT)  SOLF,  take a look at the chart below , where the 200ema and the 20 ma flatten out after the drop . stock showed support at 15ish and made a small W   for a nice scalp trade to 15.46 resitance entry at 15.19
max

hi,
same with SPWR as the SOLF  chart above . After a big drop buy at 74 . or wait for comfirmation of the break of the W
with the stock crossing the 20ma heading for the 200.

hi,
interesting day today . chop chop nervous market. with GOOG  down big  after hours tomorrow should see more shorting .
hard to find a trend that i liked  today so mostly sidelined this afternoon with another quick scalp on LEH  and UYG but nothing to write home about .
where i enter the stock is the most important thing for me. it sets up where my risk to reward ratio will be , and i don't like to take on risk at all!!! . every trade should be a winner if well executed. ( easy said than done but quite possible as i am finding out ) or at least a 90% success rate.
i am always looking for the perfect entry but rarely find it exactly but i get close enough to keep on the right side of the money . trading is a simple task .i try not to over think it and not complicate my chart with a bunch of indicators .. just keep to the basic setups that  i like and i know work well for me.
i have just moved to the 20ma and the 200ma for my intra day charts . when i add something new to the chart i discard some thing else so for the 200ma the 50ma had to go. for some one like me who is totally visual the technicals work best . i am truly grateful to be able to do this everyday and i am happy to make money everyday,
sounds like a mantra
glta
maxi
speaking of perfect entries . look at this chart of calm below where the 200 and 20 day collide in an already bullish chart. this is where i want to be.

hi,'
great bounces on financials , Traded MER, LEH , FNM,
all 3 charts were similar.
here is LEH

hi,
no trading today
on holidays in florida. market too choppy
max

hi,
still in florida so picking up the market where i can.
bought UAUA yesterday at 7.50 sold half this morn at 9.84 . (which was close to the high, very unusual for me  ) hold the second half . for a moment .
looking at JBLU  as well.

hi,
didn't buy jblu but might tomorrow . managed to squeeze a point out of the skf late in the day with 200 shares . i liked the set up where the 20ma was rolling around and i was catching the the bottom of a W  but got scared and got out . not comfy 
with betting against financials at the moment .  proved to be the right move ah financials moved up.
max in florida

hi,
well i was wrong about skf . ran away to 130ish . i don't have a feel for the skf so i shouldn't trade it anyway. shorted SPY  but gave up to early . still on holidays so can't watch the markets
max in florida

hi,
my instinct was to short the SPY  on Thursday . i just felt that it was time for a short . one look at the chart and my gut reaction was to short around 128. i just knew the chances of it getting back to 129 were extremely slim. how did i know ? instinct . and i watched the chart . like watching a skateboard on a ramp go from one end to the other , each time losing more and more upward movement until finally it must roll back down .  Friday my gut told me to short the spy at the 126.20 pivot which it hit and reversed to close 80cents lower. i didnt take that one.
if you look at the daily chart you can see the reverse fib numbers showing a good short below the 76% mark which is also the drop below the close of the previous day. a good risk reward
with your stop above previous day close.
i didn't take the second trade and the first i didn't let run which is what i wanted to do .
instinct ,,,,,,,,,very important to trust it . you've looked at thousands of charts, you can almost immediately see an opportunity . like surfing , and waiting for  the sets to come in and paddling for the wave you know will take you. instinct in the market is the same . it is juicy and exciting . it all happens so quickly .  instinct will guide you through. you can see it , so now trade it . ( with your protective stop )
this is how i want to trade . i am learning to trust that instinct that shows me the shot that i want to play . trust , trust ,trust .
here is the chart

hi,
looking to do long GLD .  with a stop below 90.50 and short the SPY  after a rally to the mid 124's
max

Good morning Maxi,

I accepted energized trader's (it felt like it was you) invite yesterday to visit MOM.

@Market Master seems good.

? no it wasnt me but it is a good live feed.
max