Posted by 12 December 2006

December 12, 2006 Stock Market Recap

It was pretty uneventful when all was said & done today. The indices did their typical post-Fed decision gyrations and closed within their recent ranges. We’ve got options expiration this week so maybe that will get things moving. Looks like there’s not much to do on the Nasdaq but wait for that symmetrical triangle to [...]

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Posted by 9 October 2006

Narrow Range Bars (Range Contraction)

The other day I got the following email about narrow range bars: I was going through your site and others and I keep on hearing, no entry on narrow range bars. What is a narrow range bar, and could you send me a picture of one? A narrow range bar (candle) is simply a bar [...]

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Posted by 17 August 2006

How I Monitor So Many Stocks for Narrow Candles

I guess I need to keep the “how I trade” post at the top of the site and put in in flashing lights or something. I wrote that post to answer 95% of the email I recieve yet I still get the same questions over & over. I ‘d better hurry up and make a [...]

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Posted by 18 December 2005

Chart Request: Applera Corp – Applied Biosystems Group (ABI)

Here’s ABI for Seamus: Usually when i look at a chart the first thing I do is look for a moving average that’s been a good ‘fit’ for the stock. Both the 20 and 50-day moving averages have provided support to ABI during its recent rally. So what strikes me now is that it just [...]

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Posted by 11 December 2005

Time to Change Low Volatility to High Volatility?

Volatility has really dropped off the last few weeks. The QQQQ chart below shows that it’s gone exactly nowhere over the last 15 trading sessions. I saw a lot of NR7 bars in my scans today, which is often a sign that we’re in for an increase in volatility. And what better time for that [...]

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