trading

trading

Thursday, 2 June 2011

follow up, ung



Breaking through the trendline on good volume.

Wednesday, 1 June 2011

Sell orders are coming in and we are back in the range.






This is very frustrating market, and in periods like this many traders give up on market and than the market makes a big move. In trading many times the best action is no action. Patience and discipline required here.


Tuesday, 31 May 2011

Volume is the key to your stock's movement, up or down.




Remember it takes volume to move stocks, so start getting to know your stock's volume behavior and then how it reacts to spikes in volume. You can see these spikes on any chart. Volume is the key to your stock's movement up or down.

Friday, 27 May 2011

Meditation, a tool for personal optimization.



                       Meditation is a very effective way of reaching for the truth.

Meditation has been shown to reduce stress and increase focus. It is the simple act of quieting the mind for at least 10/15 minutes. Focus on your breathing to quiet the mind, even though when you focus on your breathing, you may find it difficult to keep thoughts from streaming into your mind. That is okay. Let the thoughts stream, look at them and release them, as some may contain solutions to any challenges going on in your life. Action is being truly observant of your own thoughts, good or bad, looking into the true nature of whatever thoughts may arise, neither tracing the past nor inviting the future, neither allowing any clinging to experiences of joy, nor being overcome by sad situations, in so doing, you reach and remain in the state of great equilibrium. There are number of excellent tapes that produce meditative alpha and theta brain states that can help you in quieting your mind.

"context is everything"







CGW  looks like it could move from bullish flag, but we have to keep things in context of the overall market.
When it comes to understanding the price/volume behaviour of stocks, context is everything. Things that work at times don't work at other times, believe me I know this from my personal experience, and that's why is so important to know the market underlying conditions or context. The exercise of comparing the price behaviour of a stock to a chart of the market as represented by a major market index can help you understand a stock's potential strength.