trading

trading

Wednesday, 16 May 2012

Not Dead, Can't Quit



"Though it may not seem so when you first encounter a serious blow, you can never lose two of the most important assets you have. These are the power of your mind and your freedom to use it. Once you have turned them to understanding what laid you low, you can begin forming new plans. You may not have the money you once had; you may lack the allies you had cultivated. But you still have the benefit of a universe that  eventually rewards honest effort, as well as gaining the experience of mistakes you will never make again. Remember, no matter where you are now, whatever you can conceive and believe, you can achieve."~naphill.org


Until alive.
There always remains an opportunity to make a new start. 
Stay alive, there is an opportunity waiting for you.
Not Dead, Can't Quit.


Monday, 14 May 2012

Leaders.

Few leaders to watch for clues about institutional sentiment.

PCLN
AAPL
CMG
GOOG
LNKD
AMZN
MA

What is important is what the market is doing and not the news. Price action following approach gives the flexibility, as the market will usually bottom or top when it is least expected.

Saturday, 12 May 2012

looking at the week ahead


We have a Head&Shoulder formation that everyone is talking about this week, but I think that we can have a surprise, and a Double-Bottom could play out. We had four closes under the neck line so far, but looking back on the chart, for your reference below November 2011, showing similar situation and you can see how it played out. We are going to have a resolution soon, move out of a trading range, but for now take things one day at a time, and be ready to take the opportunity of surprise if it presents itself.



Wednesday, 9 May 2012

empower yourself

 At his famous Stanford graduation talk Steve Jobs said, "Remembering that I'll be dead soon is the most important tool that I've ever encountered to help me make the big choices in life. Because almost everything - all external expectations, all pride, all fear of embarrassment or failure - these things just fall away in the face of death, leaving only what is truly important. Remembering that you are going to die is the best way I know to avoid the trap of thinking you have something to lose. You are already naked. There is no reason not to follow your heart."