Wednesday, May 5, 2010
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Wave Labeling
CYCLE - Green - I, II, III, IV, V - A, B, C, X
PRIMARY - Red - I, II, III, IV, V - A, B, C, X
MAJOR - Blue - 1, 2, 3, 4, 5 - a, b, c, x
INTERMEDIATE - Purple - 1, 2, 3, 4, 5 - a, b, c, x
MINOR - Red - 1, 2, 3, 4, 5 - a, b, c, x
MINUTE - Green - 1, 2, 3, 4, 5 - a, b, c, x
MICRO - Black - 1, 2, 3, 4, 5 - a, b, c, x
NANO - Black - (1), (2), (3), (4), (5) - (a), (b), (c), (x)
PRIMARY - Red - I, II, III, IV, V - A, B, C, X
MAJOR - Blue - 1, 2, 3, 4, 5 - a, b, c, x
INTERMEDIATE - Purple - 1, 2, 3, 4, 5 - a, b, c, x
MINOR - Red - 1, 2, 3, 4, 5 - a, b, c, x
MINUTE - Green - 1, 2, 3, 4, 5 - a, b, c, x
MICRO - Black - 1, 2, 3, 4, 5 - a, b, c, x
NANO - Black - (1), (2), (3), (4), (5) - (a), (b), (c), (x)
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2010
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May
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- Long Term Possibilities (update)
- Friday 5/28/10 wrap up
- Thursday 5/27/10 wrap up
- Wednesday 5/26/10 wrap up
- Tuesday 5/25/10 wrap up
- Update 5/25/10
- Monday 5/24/10 wrap up
- Friday 5/21/10 wrap up
- Thursday 5/20/10 wrap up
- Wednesday 5/19/10 wrap up
- Tuesday 5/18/10 wrap up addendum
- Tuesday 5/18/10 wrap up
- Sold Puts
- Monday 5/17/10 wrap up
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- 5/14/10
- Thursday 5/13/10
- 5/13/10
- Wednesday 5/12/10 wrap up
- 5/12/10
- Toesday 5/11/10 wrap up
- Monday 5/10/10 wrap up
- 5/10/10 AM update
- Friday 5/7/10 wrap up
- Thursday 5/6/10 wrap up
- Vindicator 5/6/10
- Wednesday 5/5/10 wrap up
- Closed Short ES
- Tuesday 5/4/10 wrap up
- MOVE STOP
- Monday 5/3/10 wrap up
- SHORT ES @ 1201.50
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May
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About Me
- Apple Al
- Manage apple orchard & processing business full time - trade part time Traded cattle futures professionally for family meat packing company in 1980's Also traded stock indexes for own account Won the US Trading Championship - Options Division in 1986 (500%+ return in 4 months)
Vindicator Webcast
out of my FAZ : bought 7000 @ 11.75 Sold @ 12.55 = +.80
ReplyDeletenot the best price of the day but profitable nontheless.
Congrats - all profits are good profits
ReplyDeleteAl, your Vindicator is very good at entering a trade, picks tops very nicely. can it be tweeked to exit a trade at a slightly better advantage? I know I'm asking for alot, even as is, it is a fine tool. That last minuet 5th wave was well identified in your post last night. I saw it at the open but was too greedy and waited too long to exit. But as you say - all profits are good profits and I have had a very good run lately. Thanks for your help.
ReplyDeleteTony - understand that this tool was just developed over the winter, and I do plan on refining it over time as experience is gained. For right now, my preliminary rules are to exit based on trend line breaches (or on stops) which so far works pretty well. One thing I'm watching is the 5 minute V Stoch, if you'll notice it showed a nice divergent pattern into this morning's lows. Also, there's nothing stopping you from applying it in any manner which you think would improve it, and I'm always open to suggestion.
ReplyDeleteThanks for the updates, Al.
ReplyDeleteLooks like you might be closing in on a buy signal shortly. Maybe we'll get a relief rally before heading to S&P 1140? Let's see.
Could be - however, in Feb during the strong uptrend the thing to trade off of was the V Stoch, not the Buy/Sell - thus right now if that buy line bottoms and I trade it I'll only go a 1/2 position
ReplyDeleteSo as not to confuse, I mean the V Stoch on the 30 min chart - you could trade it on the 5 min chart, but my thinking is to use that chart for day trades
ReplyDelete