Tag Archives: breakout

EURCHF breaking 1.5100: A textbook perfect breakdown and reversal

By Paul | Published: November 26, 2009
Last night, EURCHF finally broke below the 1.5100 zone after weeks of consolidation around the area.  See Figure 1 for a daily chart of EUR/CHF.  I just happened to be looking at the charts when this breakdown occurred last night so I made a few day trades.  These scalps turned out better than I thought [...]
Posted in European Crosses, Trading Signal | Also tagged day trading, fibonacci | Leave a comment

Week of Sept 20, 2009: In-play stocks watchlist

By Paul | Published: September 20, 2009
Out of this week’s 10 candidates, I’ve only been able to identify 4 that are presenting playable setups. Christopher & Banks Corp. go long above $8.10.  Stop at $7.70.  Target $9.00.   Click here to continue reading... (95 words, 4 images)
Posted in Stocks, Trading Signal | Also tagged inplay | Leave a comment

Paper trade: CBRL breakout before earnings

By Paul | Published: September 12, 2009
Based on my previous post about finding stocks in play, I’ve identified Cracker Barrel Old Country Store, Inc. (CBRL) as a candidate of an in-play stock.  CBRL will release their earnings on Sept 15th before the market opens.  So there’s only Monday before the earnings and then perhaps a few days after to play this [...]
Posted in Stocks | Also tagged CBRL, long, paper trade | 1 Comment