expecting a reaction in spx to 1115 levels .
one should look to go long on such decline with sl at 1103 on closing basis for tgt of 1170+
Friday, January 15, 2010
Wednesday, January 13, 2010
from the kirk report
Knowing what you want in life and then having the right mix of patience and preparation will make the difference between success and failure. Once you understand that, anything and everything you desire is within your reach. The good news is that no matter what your heart's desire or how young or old you may be, there is no better time than right now to begin working toward what you really want and making it happen for you and your life. All you have to do now is simply get started!
Monday, January 11, 2010
Friday, January 8, 2010
nasdaq position closed
sold the feb qqq 46 call for 1.37 bought yesterday.
price action is not impressive to give me confidence to hold to an option position.
price action is not impressive to give me confidence to hold to an option position.
Thursday, January 7, 2010
long qqq feb 2010 46 call @ 1.20
long qqq feb 2010 46 call @ 1.20
a couple of days back, nasdaq 100 looked superbullish.. now a great deal of that immediate bullishness has been negated..still worth a shot , tgt on nasday 100 is 1925, and the 1970
a couple of days back, nasdaq 100 looked superbullish.. now a great deal of that immediate bullishness has been negated..still worth a shot , tgt on nasday 100 is 1925, and the 1970
Wednesday, January 6, 2010
must read
1. mastering elliott wave-glenn neely.-even if one is not interested in elliott wave /neowave , for me it is the most important book i ve read on undeerstanding market behaviour.and in case one is interested in elliott wave, the bible. a fan for life.
2. candle stick charting- bigalow
3. candle stick charting-nison
4. candle stick charting-morris
candle stick charting along with 20 and 50 dema are such a powerful tool.not to be disregarded.
5. technical analysis- edward and magee: contains wealth of information on market behaviour and chart patterns ,one can simply trade on this book.
6. way of turtle- faith: just for the fact that it is disciplined trading that earns you money.
7. technical analysis of financial markets: murphy-- good overview of a lot of concepts
8. come into my trading room: elder
9. the logical trader : fisher-his concept of pivot, rolling pivot is worth a read.
10. books by dr brett- great writer and trading coach.even his blog is a must read.
i plan to do a comprehensive writeup of each book covering their highlights
2. candle stick charting- bigalow
3. candle stick charting-nison
4. candle stick charting-morris
candle stick charting along with 20 and 50 dema are such a powerful tool.not to be disregarded.
5. technical analysis- edward and magee: contains wealth of information on market behaviour and chart patterns ,one can simply trade on this book.
6. way of turtle- faith: just for the fact that it is disciplined trading that earns you money.
7. technical analysis of financial markets: murphy-- good overview of a lot of concepts
8. come into my trading room: elder
9. the logical trader : fisher-his concept of pivot, rolling pivot is worth a read.
10. books by dr brett- great writer and trading coach.even his blog is a must read.
i plan to do a comprehensive writeup of each book covering their highlights
Subscribe to:
Posts (Atom)