Technical Analysis

Wow - August was another month with a high percentage of overnight gaps, but let’s see how many of these overnight gaps in the DIA (Dow Jones) were filled intraday.
I define a gap as being an open that is at least $0.20 different than yesterday’s close and use Excel for the statistics.
There were 21 trading days in August, and 17 of these (81%) showed an overnight gap of at least $0.20 in the DIA.
Of these 17 gaps, 8 gaps filled, giving us the first under 50% month this year, with …
Original Source: blog.afraidtotrade.com

Wow, what a day Friday gave us in the markets.  Let’s look inside the price action to see what potentially profitable trade set-ups occurred in the intraday structure of the major stock market indexes.
DIA Dow Jones 5-minute chart:
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Original Source: blog.afraidtotrade.com

When someone wants to learn how to trade, where do they start? What markets should they focus on? What setups or patterns should they consider trading? How much risk should they take in their trades?All of these are common first questions, and all of them are the wrong initial questions.Learning how to trade begins with a conceptual framework: an understanding of how and why markets move and how and why they are related to one another….
Original Source: traderfeed.blogspot.com

Stay Short USD #8923897834
in case you weren't a large enough lazy phat phuck
Rich in reserves, Chinese central bank is short of capital
"He said the officials blamed the United States and believed the controversial assertions set forth in the book "Currency War," a Chinese best seller published a year ago. The book suggests that the United States deliberately lured China into buying its securities knowing that they would later plunge in value." LOL SEE WHAT HAPPENS TO THE VALUE OF THE RMB IF YOU STOP BUYING DOLLAR-DENOM ASSETS
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Original Source: http://feeds.feedburner.com/Maoxian

Keeping an eye on the relative performance of the Consumer Staples sector is a good way to know whether we’re in a bull or bear market. You can see the massive shift into Staples starting in the last quarter of 2007, just as the credit crisis really started to hit the fan. People will always need diapers, bubble gum, cigarettes, beer, and… B…
Original Source: http://feeds.feedburner.com/Maoxian

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Original Source: traderfeed.blogspot.com

Chart courtesy of stockcharts ( click to enlarge )MI “Marshall & llsley Corp”. Watching for an ascending triangle breakout….
Original Source: ac-investor.blogspot.com

clicky, clicky!…
Original Source: http://feeds.feedburner.com/TradingGoddess

Turnaround Friday as the DJIA hit the lows at/near 11 est- and headed straight up gaining about 180 from the lows- SPX also saw lows at/near 1217 and moving up 25 points to close at 1242….
Original Source: dayshark.blogspot.com

Remember I wrote THIS post about the horrific timing/outright failure of Leveraged Sellout’s book “Damn It Feels Dumb To Be A Published Author?”
Well, now he tries to fight back in T…
Original Source: http://feeds.feedburner.com/TimothySykes-StockTraderAuthorEntrepreneur

Here is the HIGH RESOLUTION VIDEO DOWNLOAD for today.Download the new issue of …
Original Source: alphatrends.blogspot.com

Despite what everyone tells you on TV, the market is not particularly volatile. The graph below shows 10 Day HV for the SPY over the past 6 month’s. If you squint you’ll see a bit of a pop yesterday. And as the slow pre-holiday trade filters out of the calculation, the reading should move to the higher end of the recent range….
Original Source: adamsoptions.blogspot.com

If you missed LIVESTOCK today, you can watch it on demand below.
visit site to read more]

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Original Source: http://feeds.feedburner.com/TimothySykes-StockTraderAuthorEntrepreneur

The McCain Presidency contract broke above the 20 & 50 day MA’s in early August and has held the gains nicely. Since the beginning of August there has been a nice pattern of higher highs and higher lows. With a rising 50 DMA, this market remains “innocent til proven guilty”. Notice the shakeout below 38 prior to his speech, from failed moves come fast moves? The contract is tracing out a bullish cup and handle which shows strong Republican momentum. …
Original Source: alphatrends.blogspot.com

of VWAP? HIgh risk environment continues, be careful.…
Original Source: alphatrends.blogspot.com

OK - confession I bought the SSO a little early but now in the green and even some UYG which is also in the green as I type- these are day trades as swing trading probably not such a great idea from these levels….
Original Source: dayshark.blogspot.com

Technicians should not be surprised with the recent downward price ejection out of the August consolidation pattern, known as a ‘rising wedge.’  Not only did the pattern follow classic definitions and expectations, we were treated with a prior example of the pattern just a few short months ago.  Let’s look at the Dow Jones index and step inside this pattern for a better educational foundation.
Dow Jones Daily Chart:…
Original Source: blog.afraidtotrade.com

After a rough start, the markets are coming up to their declining daily VWAPs. The SMH led the market lower and it is holding above VWAP….for now. Risks remain high, if you are attempting to trade a bounce you are playing a very dangerous game, RISK MGT is job #1!…
Original Source: alphatrends.blogspot.com

This was sent out late last night to TIMalert subscribers and posted on the TIMalerts.com subscribers-only website:
Some decent, if not great, plays for today…gonna be tough for me, only gonna be around in the morn, then we’ve got LiveStock from 1-2PM EST (tune in HERE and ask me questions live!)
COIN/COINW I finally shorted perfectly at $6.20…as I alerted T…
Original Source: http://feeds.feedburner.com/TimothySykes-StockTraderAuthorEntrepreneur

In the Cheapo Shot category:Looks like there was a buyer of the Mar 22.5c to open…swept all the exchanges…4k trade on the day vs open interest of 104CBS is $16.30 and not that volatile, so pretty far away right now. And these pups only cost 25 cents….
Original Source: adamsoptions.blogspot.com