Right Side of the Chart

...because anything to the left is history
Mar 122013

IAG has now hit the first target (6.25) for a 6.9% gain from the entry yesterday.  Consider booking partial or full profits and/or raising stops, depending on your trading plan.  One alternative to taking profits here is to set a relatively tight trailing stop-loss order [continue reading…]

 March 12, 2013 2:53 pm  Completed Trades - Long, Gold & Commodities Tagged with:  Comments Off on IAG first target now hit
Mar 122013

The recently posted GG long setup has triggered an entry on the break above the bullish falling wedge pattern today.  Target levels have been added along with two suggested stop levels, depending on one’s preferred target and/or stop allowance preference.

 March 12, 2013 12:09 pm  Completed Trades - Long, Gold & Commodities Tagged with:  Comments Off on GG long triggered
Mar 122013

The SSRI long setup has triggered today on a break above the previously posted descending channel.  Price target levels and a suggested stop have been added to this updated 60 minute chart.

 March 12, 2013 11:57 am  Completed Trades - Long, Gold & Commodities Tagged with:  Comments Off on SSRI long triggered
Mar 122013

I feel compelled to reiterate the fact that, at least in my opinion, the risks to sudden and sharp decline in the broad market is elevated at this time.  I also wanted to make clear why it is then, that I continue to post and [continue reading…]

 March 12, 2013 11:04 am  Equity Market Analysis, Trading Tips Tagged with:  Comments Off on Trading Notes