Comments for Market Turbulence

Comment on Sequential Buy Setup to Watch: AMZN by Paul Stiles

Paul Stiles — Fri, 17 Feb 2012 01:19:00 +0000

It is definitely invalid if you compare it to the TD Sequential. I’m interested in buying lows and shorting highs and I use customized rules that help me identify them in market-wide screens. For the way I use the indicator, it does not matter which countdown or setup is valid as long as the price is testing lows on light volume. The low of 12/29 would be my buy point if my count completes, so I would be buying while you would be adding to your existing position that you put on in December. The stop loss would be exactly the same too.

Comment on Critical Levels in a Critical Week by Portfolio Update | Market Turbulence

Portfolio Update | Market Turbulence — Thu, 16 Feb 2012 18:50:55 +0000

[...] on Feb 16, 2012 in Long, Trades | 0 comments If you took my advice and bought CLR around 76, your 3:1 price target of 84 was blown away today. Right now you are looking at a 4 to 1 [...]

Comment on Sequential Buy Setup to Watch: AMZN by Pthegr8

Pthegr8 — Thu, 16 Feb 2012 13:41:00 +0000

imo, the current countdown you’re showing is invalid. The range of the previous buy setup, which finished on 10/31 had a countdown finishing on 12/19. the second buy setup finished on 12/16. since the range of the previous buy setup was larger, its countdown is valid. the 2nd setup was “perfected” on 12/29, so a 9-13-9 buy setup. followed 1 bar later by a finished “combo” buy.
http://screencast.com/t/lwUJFo3JFaA

Comment on Trade to watch by Sequential Breakdown works again - ELON | Market Turbulence

Sequential Breakdown works again - ELON | Market Turbulence — Sat, 11 Feb 2012 04:24:15 +0000

[...] is a follow-up from a previous post I made regarding ELON and the Sequential Breakdown short setup. In that blurb, I said to keep an eye on it and look for [...]

Comment on Sequential Breakouts as Day Trade Setups by Netgear Trading plan NTGR | Market Turbulence

Netgear Trading plan NTGR | Market Turbulence — Thu, 09 Feb 2012 04:32:41 +0000

[...] week I wrote about a nice setup for NTGR and laid out a complete trade plan including entry, stop loss, and price target. Unfortunately, [...]

Comment on The dangers of buying breakouts – SWI case study by Becky

Becky — Wed, 08 Feb 2012 20:50:00 +0000

Nice one!

Comment on Website upgrade by Paul Stiles

Paul Stiles — Wed, 08 Feb 2012 14:25:27 +0000

Thanks Brian. The numbers for the site have grown dramatically over the last 8 weeks. Analytics tell me that others are equally loyal to the site. Thanks everyone.

Comment on Website upgrade by Brian Wilson

Brian Wilson — Wed, 08 Feb 2012 05:06:07 +0000

Thanks for all the work you’ve been doing on the site. I don’t comment often, but I check the site each day.

Comment on Using Sequential signals with classic patterns by Trade update for SWI and KLAC | Market Turbulence

Trade update for SWI and KLAC | Market Turbulence — Tue, 07 Feb 2012 16:35:33 +0000

[...] also wanted to point out the breakout from KLAC, which I wrote about a few days ago. Look for a pullback to the breakout area and if volume is [...]

Comment on Using Sequential Signals to Scan for Classic Support and Resistance Levels by Market breadth and health of the S&P 500 | Market Turbulence

Market breadth and health of the S&P 500 | Market Turbulence — Mon, 23 Jan 2012 16:15:12 +0000

[...] market will be when the leading stocks come back and test the breakout levels. For example, if EL and CSCO pull back and bounce off support, I would expect the market to hold. If these charts, [...]