Here's how I look... On my computer (lap top) I have the 55 GW chart, with thick ADX,next the 10 E chart with money flow, then a 21 GW chart with 5,10, and 20 moving average with thickness 3, Under these I have (under 55 chart but still visible with the 55) GW 5 with the 5, 10 and 20 moving average thickenss 3, next 13 E chart with money flow. I have a 34 GW chart with a 5,10 and 20 moving aveby Darcy2 - Trading Discussion
cheetah Wrote: ------------------------------------------------------- > Darcy, did the fact that WLT gapped up some Tues > morning influence the decision to buy because it > led to separation in the "E" moving averages? > The crosses for the E actually took place Monday afternoon No trade happened because of all the signals including GW's HRFP on 21 and 55. Whby Darcy2 - Trading Discussion
June 18, 2013....At 9:51 S/O saw E chart on 5,10,13 and E on 21 had HRFP on 55. On GW 21 all indicators up (S/O has 5 and 10 moving average on GW's 21 thickness 3). ADX up, money flow up. Bought 30 June Calls srike 12.50 @ .87 sold @ 11:24 with profit $1,470.32 each. I was a little hesitant because of the over sold area on GW's 21 chart but jumped when S/O did. Glad I did.by Darcy2 - Trading Discussion
VZ movs fast get your money and be happy...at least that seems to to be the case thus far. It moves well intraday up and down. I'll keep testing. Today....virtual......still researching and studying before using real money... VERIZON COMMUNICATIONS 06/18/2013 O STC VZ Jun13 50.5 Call 30 $0.94 $45.00 $2,773.94 06/18/2013 O BTO VZ Jun13 50.5 Call 30 $0.82 $45.00 ($2,506.01) 267.93 Total Reby Darcy2 - Trading Discussion
Yesterday I practiced VZ entering the trade @ 12:39. I did a ITM and OOM trade (in the money/out of money) June 50.5 and 51.5 PUT. The put was obvious even though he DOW was in the green. ITM 36 contracts = $957.46 (.34 per) OOM 89 contracts = $934.12 (.89 per) So far zero losses on VZ. VZ has support on 34 and is getting squeezed on 55 and daily by moving averages. It is possible thatby Darcy2 - Trading Discussion
When did you buy? Friday? What strike? What was the price of the stock when you bought? Did you buy out of the money? What chart did you use to buy? Don't know if I can explain but can try...usually BCT is best at this one. I use to trade GS but got burned real bad and haven't touched it since.by Darcy2 - Trading Discussion
cheetah Wrote: ------------------------------------------------------- Did you put in a $2 GTC > because you expected the stock to go down that > much ,even without the bad news coming out? Nope. When I enter a trade I never put in a GTC unless I am going away from my computer or have to leave the house. Otherwise I monitor it all day. I placed my GTC after I was already up $by Darcy2 - Trading Discussion
Got in a little after 10:40 on 5 E chart, HRFP on GW 21, HRFP on 34. 10 E chart showed no E but knowing WLT there was little doubt where it was going. Put in GTC for $2.00 bought 45 contracts for .64. HIH with $5,986.43 Bad news floated aound WLT after I got out.Wondering who knew before news hit on Briefing? Apparently WLT is having $$ problems according to Forbes but "Deutesche Bankby Darcy2 - Trading Discussion
Okay been testing VZ and tus far looks like a 3 chart gives the E signal, VZ makes between $250.00 - $450.00 one time daily tradeusing $3000. So far been able to test it up and down with both trades working once a day. It does trade fast so if you don't like fast use longer charts for a trade out in a month...example in June buy July. Good thing about VZ is spread is .01 - .04 spread and are nby Darcy2 - Trading Discussion
Yep and LNKD looks like it will test the bottom gap of $184.00 - $185.00. Thanks for the heads up!by Darcy2 - Trading Discussion
My quote sheet has columns and these columns are symbol, last, net, net since open.. Also the post I had before has more info...I accidently hit the enter key.by Darcy2 - Trading Discussion
Traildoc Wrote: ------------------------------------------------------- > Darcy I'm just curious as to your > selection of trading stocks. It seems as though > you trade something different every day. How many > stocks do you watch? >Just trying to pick your > brain a little and see how you and your S/O come > up with your trading stock each morning. As >by Darcy2 - Trading Discussion
It will be a long time IMHO before AAPL sees $500. Lots of resistance @ $450/$460. Use regression line offered on most charts @ 5/7/3 and drag to todays candle on daily. Center line of regression line is a trend line. Use othe top and botom line as shown by GW as Ocean Tide trade. These are the ranges this stock could move in.by Darcy2 - Trading Discussion
WATCH THE NET MOVEMENT FIRST. Net movement is faster than candles can paint. What S/O and I use is a 1 to show movement, then a 55 GW for HRFP or FP, then 21 for HRFP or FP. Next look at 5 E chart. Then 10 chart for E. Then 13 chart for E. Then look at ADX for strength of move. IF all come together and are satisfied he gets in. As for me I do the above but I also look at ability for movemeby Darcy2 - Trading Discussion
S/O entered @ 10:06 BIIB 215 June ... 6...Put @ $4.60 sold @ 10:48 for $6.80 47% profit And I use to hate the summertime zone....I think I am changing my mind. @ 10:52 Put is $7.50 but nearly done I think. Showing over sold on GW 21 and 34,,,and 5 GW BTW WHERE IS EVERYBODY??? I think I might need to hold off on posting so much. I do not want to take over here. I feel like Iby Darcy2 - Trading Discussion
that AAPL would F-L-O-P! Strickly a huntch I put a virtual trade in for AAPL to go down. Using the fact there was nothing leaked about anything new. Bought 3 PUT 450 Contracts @ $9.95 sold @ $15.95 about a $1,800.00 profit. Didn't trade anything today because this market was so NUTS as far as I was concerned so just did virtuals. Now after seeing these profits... but still would not haby Darcy2 - Trading Discussion
To follow along with my train of testing and thinking I am posting on my first post. This will showhow I think when looking at a new stock. VZ has huge volume and with the contracts at low prices many options can be bought. The volume makes this stock MOVE. I will continue with my train of thought without trying to add to the added list. Hope ya"ll don't mind. If you do let me know andby Darcy2 - Trading Discussion
Some of you have asked to get into my brain...so okay here's how I think if I have never traded a stock before. I TEST IT virtually. I never jump on anything without testing it unless it is a PEAK trade which almost 100% of the time is pharma. So....S/O and I traded it virtual. This stock was in the news and really I thought it would go down. So I am glad I didn't follow what I thought!by Darcy2 - Trading Discussion
I’ll try to explain as best I can my thinking and why DE was my choice for a trade. I really like stocks around the mid February that relate to planting gardens whether big or small. One of those stocks is DE…another is MON (which I traded today). There is also POT and AUG, just to name a few and believe it or not CMI. These 5 are my favorites. (POT not as much now as before it split off)by Darcy2 - Trading Discussion
Yesterday S/O and I searched RTT stock list for a trade as we watched the market news before the open. We saw where DE was down 11 of the last 18 years reported by RTT. So we looked at the DE chart when the market opened and jumped on 20 $87.50 June Put contracts @ $1.42 @ 9:55 AM. We sold later for $2.01 with almost a 41% profit. The 5 minute "E" chart was screaming "PUT ,by Darcy2 - Trading Discussion
Yep the dashboard is like one stop shopping at Macy's!by Darcy2 - Trading Discussion
Jumped this morning on BIIB. Bought 3 June 235 PUT @ $9.20 still in trade. I have GTC @ $12.35. Well... now I am out sold out @ $12.40. That was fast. I had "E" on 5, 10, 13 and 21. ADX showing strong trend. On 55 I figured it would go to the 200 moving average and then back up but didn't know how fast it would hit. I estimated the range of the PUT and then backed up 20 centby Darcy2 - Trading Discussion
LINKEDIN 05/31/2013 O STC LNKD Jun13 170 Put 5 $7.00 $14.95 $3,484.82 05/31/2013 O BTO LNKD Jun13 170 Put 5 $6.45 $14.95 ($3,240.12) 244.70 Total Realized Gain/Loss for LNKD....$244.70 NETFLIX 05/29/2013 O BTC NFLX Jun13 215 Put 3 $9.15 $14.95 ($2,760.05) 05/28/2013 O STO NFLX Jun13 215 Put 3 $10.85 $14.95 $3,239.89 479.84 Total Realized Gain/Loss for NFLX $479.84 WALTER ENEby Darcy2 - Trading Discussion
Okay call me strange but when the market opens as high as it did I look at stocks that are falling. LNKD and NFLX were great PUT trades today. Did I trade them? No I am so far under the weather my sick is sick!by Darcy2 - Trading Discussion
LOL! Welcome to Normal Ville! You can play that on ZNGA.by Darcy2 - Trading Discussion
The fall will come when the Fed pulls the chain.by Darcy2 - Trading Discussion
Way too high for my blood! Market needs a pullback!by Darcy2 - Trading Discussion
Memorial Day is a day for those who lost their lives while serving our country. I honor the service and ultimate sacrifice of many of our bravest. To their memory I say... "We cherish too, the Poppy red That grows on fields where valor led, It seems to signal to the skies That blood of heroes never dies." This is why you will see a red poppy on display on Memorial Day....inby Darcy2 - Trading Discussion
Market has been basically flat. I did make $$ on WLT earlier this week and then on MA. But most of my time has been spent watching paint dry...boring!!! Now next week I am expecting some moves based on the market history I have collected since 2004.by Darcy2 - Trading Discussion
@jslavell In GW's class 1-5 he made a specific reference to a candle count on the Daily. Doji’s count. In fact you could spread your daily open wide and the doji becomes a candle with body! Based on that “nugget” alone I decided to watch for a down trade. S/O stayed in the trade selling out first thing this morning. Nerves of steel I think…but not me. I like taking my money and ruby Darcy2 - Trading Discussion