Nymex: The Stick Sandwitch, with DDHigh=64,91.
OSEBX: The Bullish Upside Tasuki GapThe Bullish Upside Tasuki Gap: The pattern is characterized by two green candlesticks with a gap upward between them. However the pattern also shows a red candlestick on the third day partially closing the gap between the first two. The red candlestick is the result of temporary profit taking. I expect the trend to continue upward following the direction of the upward gap.
Dynamic Deviatons: Short term: DDLow=233,10 BDD=237,5 DDHigh=245,20. Risk Reward Calculation (+5%/+10%) Extreme good RR!:
Stock Pick 1: Google Inc: Inverted Head and Shoulder Pattern.
Inverted Head and Shoulder: Head= 280. Neckline=DDLow 310. (DDLow-Neckline)=30 points. (Neckline+30)= HS Target 340. HS Upside Potential (+9,5%)
Dynamic Deviations: Short term: DDLow=310 BDD=215,68 DDHigh=332,47. Risk Reward Calculation (+0,0%/+7,48%) Extreme good RR!:
Some of my thoughts: In recent trading environment it has been wide ranges and extreme volatility, giving fantastic trading opportunities. Now I believe that the market place find itself in a short term state of equilibrium, giving the fact that many instruments are trading close to my Best Dynamic Deviation. Short term shorts has been covered and short term longs has been sold. With this taken in to consideration, I think that in the forthcoming couple of months we will experience that the volatility (VIX), will show signs of stabilisation, giving more narrow trading ranges. With this said, it is important to adjust your trading strategy, and actually get less greedy on your positions. Many traders have got used to trading profits exceeding 20% in many cases, myself included. Maybe we should be happy with 5-10% in the weeks to come…
Happy Trading!
TMT MAN-Hva skjer nå? (click)
Active Trades: LONG TMT Tech Basket U.S (-8,60%) LONG VMED (+1,29%) LONG Xcact BULL (-2,55%) LONG DIG (+1,64%)
Active Trades P/L: (-8,23%)
Executed Trades P/L: (+276,28%) (click)
Total P/L: (+266,42%)
Terminology: My Dynamic Theory
Terminology: Candlestick Patterns
Update 1700: OSEBX: Appear to be closing belove 

Active Trades: LONG 
Active Trades: LONG









Active Trades: LONG