| StockFetcher Forums · General Discussion · Any FAS/FAZ traders here? | << 1 ... 4 5 6 7 8 ... 17 >>Post Follow-up |
| TheRumpledOne 6,529 posts msg #72203 - Ignore TheRumpledOne |
3/6/2009 8:20:15 PM I have traded FAZ. |
| 13th_floor 724 posts msg #72207 - Ignore 13th_floor modified |
3/6/2009 9:49:54 PM So has this guy...53 out of 54 winning trades Wed and Thurs.....21 for 21 today..I know,I trade with him $$$$$$$$$ http://darksidetrading.blogspot.com/ |
| johnpaulca 12,036 posts msg #72208 - Ignore johnpaulca |
3/6/2009 10:39:13 PM 13th..that's awesome trading by Muddy, comes with years of experience. |
| moby 314 posts msg #72213 - Ignore moby |
3/7/2009 12:49:53 AM Hi, I've tried to load FAZ and FAS and apply it to a symlist but I can't get it to show on my results page or see a chart? SKF and TWM work fine...something different about FAZ? Too new ? or I'm doing something wrong? Please let me know. Thanks. |
| johnpaulca 12,036 posts msg #72214 - Ignore johnpaulca modified |
3/7/2009 1:12:12 AM Moby: I have the same same problem with FAZ and FAS. BOOYA BUY  |
| invest42day 1 posts msg #72216 - Ignore invest42day |
3/7/2009 3:29:35 AM karennma You might want to research Pivot Points. I've been trading FAZ using pivot points and I've made almost 5k in two days. I'm still a newbie trader but I've found that FAZ follows the pivots extremely well. Here's an example, 3-6-09...FAZ pivot was $95.95. My rule is to wait for green candle completely above pivot point or resistance level. When I say completely above that includes the wick. So on Friday I entered FAZ at about $98 with 100 shares. According to the pivot point calculations for support and resistance I knew that FAZ would not hit R until $107.72. With this in mind, I added shares until I had 400 total for a $100 average. From that point I just monitored the market and since it was tanking I felt confident that R1 would be hit at 107.72. I sold all 400 at about $109. The next stop for FAZ was supposed to be $115.95. I watched for a strong break off the R1 (which had now become support) and bought back in at 110. I rode that up to to about 112 and sold. The only reason I didn't hold was because i was doing all this trading at work. Anyway, I hope this information is helpful. I'm no expert though. Everything I know about trading up to this point has come from InvestorsUnderground, TRO posts, 13th's posts, GreenOnTheScreen, Technical Analysis by Brian Shannon and Day Trading for Dummies (that's where I was introduced to pivot points). Here's a good breakdown of how pivots are calculated. http://www.investopedia.com/articles/technical/04/041404.asp |
| karennma 8,057 posts msg #72217 - Ignore karennma |
3/7/2009 7:40:46 AM "The only reason I didn't hold was because i was doing all this trading at work." invest42day =========================================================================================== Don't you hate it when someone walks by your desk asking, .. "whatcha doin'"? Nosey goofballs! LOL! Thanks for the pivot info. :>) |
| johnpaulca 12,036 posts msg #72227 - Ignore johnpaulca |
3/7/2009 3:32:22 PM FYI...I just saw that HMSY was the Top Tech. & Fundamental stock on Breakout.com....now combine that with Booya buy signal and you have a winner...imo |
| SFMc01 358 posts msg #72241 - Ignore SFMc01 |
3/8/2009 9:19:44 AM JohnP & Moby: SF indicates that stocks without full data often will not show on filter outputs. To show, the time period of the filter must not be for a time period greater than that for which data is available for the specific symbol. Steve |
| SFMc01 358 posts msg #72242 - Ignore SFMc01 |
3/8/2009 9:35:42 AM Invest4Today; I could sure use some help. For supposedly being a half bright guy, I seem to have developed a true mental block when it comes to using pivot points. Respectfully, would you please help me? If you like please email me at SFMc01@aol.com. First, specifically which pivot point calculation system do you use? Do you use Opening Price in your calculations such as described in the article you mentioned in investopedia? Do you automate the drawing of all of the lines in TradeStation or somer similar trading platform? Do you do any trading automation? Thank you ... Steve |
| StockFetcher Forums · General Discussion · Any FAS/FAZ traders here? | << 1 ... 4 5 6 7 8 ... 17 >>Post Follow-up |