Sunday, December 21, 2014



Sign Up for Ivica's Free Trial and Trading 
Signals Click Here!

FEYE- LONG IDEA




With even POTUS yakking about the SONY hacking it's obvious that the NAZI storm troopers in Washington DC, IE Congress and the Senate, are going to use the situation to increase cyber security so they can hack into our personal computers and steal all our information, mainly so they don't have to raise taxes, rather just steal the money right out of our bank accounts and then say we got "HACKED"!!
With that in mind, this thing has a fantastic triangle on it, and Friday it just barely poked it's head above the upper trend line with large volume. If Wall Street does it's typical stupid reaction to an "event", I mean, the whole sector could get a MOON SHOT!
Be aware, this thing is an absolute piece of JUNK, "METRIC" wise, in the red box it's losing more than it's entire sales, hahahahahahahaha, but the reason I like it is because you have a CLEARLY defined STOP "area", at the May and October lows, so you know EXACTLY where you don't want it any more!

STOCK TRADING IS EXTREMELY DANGEROUS TO YOUR FINANCIAL HEALTH AND IF YOU TAKE ANY OF THESE TRADE IDEAS AND HAVE NO COMPREHENSIVE TRADING PLAN OR NO STOPS IN PLACE YOU WILL UNDOUBTEDLY LOSE ALL OF YOUR MONEY. I MAY ALSO HAVE A POSITION IN THE SECURITIES MENTIONED AND I MAY BE PUMPING THEM HOPING TO FIND A SUCKER TO TAKE IT OFF MY HANDS AT HIGHER (OR LOWER) PRICES (JUST LIKE GOLDMAN SACHS, HAH!).
TAKE ONLY THE OPPORTUNITIES THAT YOU REALLY LIKE AND UNDERSTAND. ALWAYS ENTER A TRADE WITH A TRADING PLAN. THE PRIMARY FOCUS IS TO FIND SWING TRADES BY USING INTRADAY SETUPS THAT HAVE A POTENTIAL TO BECOME SWING TRADES. OUR MAIN FOCUS AS TRADERS IS TO TAKE HIGH PROBABILITY AND R/R TRADES AND CONTROL OUR RISK.

CAUTION IS ADVISED!!




I may, POSSIBLY, use the "CUMULATIVE" Tick indicator rather than the $NYSI as a timing tool, it, CAN, kick out signals sooner than the $NYSI, and has fewer whip saws.
The interesting thing right now is the Tick chart at the top just made a new high before the recent pull back, while the recent $NYSI high still remains well beneath the July highs, it should be a "TELL" as to who win's this fight. The $Tick also had a kind of "Funny" side ways hook on it Friday, not funny as in HAH HAH, but funny as in peculiar, I woulda thunk it would have blasted higher with the "Markets".

When the markets hit their all time highs in October of 2007 the XHB had already lost 50%, it went on to lose another 65% into the bottom of the crash in 09'.........................


When the markets hit their all time highs in December of 2014 the energy complex had already lost 43%, it went on to lose another............................................................

1 Comment:

Blogger said...

eToro is the most recommended forex trading platform for beginning and established traders.

blogger templates | Make Money Online