My favorite Time Frame for spotting a set up and determining bias has to be the ................................. Do you see what I see? #ROBCOFFEE

I am Long #EPP at 7.90p a speculative trade. See you Monday.

#EPP I am no AIM expert. In fact, if my track record is anything to go by, AIM stocks have probably been my least profitable trades. That said, I do understand market psychology. Today's intra-day drop is so far on relatively light volume. To me, that looks less like aggressive selling and more like a classic shakeout designed to test conviction and flush out weak holders. If that's what's happening, don't be surprised to see the price recover quickly. When? Maybe Monday. Market makers can be crafty buggers.

#EPP 8.10 prints an indecisive Doji candle with a slight uptick in volume.

#TSCO 448.2 Food For Thought!

#BME no longer in a technical downtrend. Watch now for a potential early stage 2 development.

Watching #EPP having sold out on that sudden rise 1st week of May, I am waiting for a re-entry and a logical place would be the Breakout and retest level... I will look to position by tomorrow... Pullbacks on below average volume is what you want to see.

If you use the Weekly chart in addition to the 13/26ema or 10/30 simple (stan weistein) look at adding the 200MA and if you come across an asset class close to the 200MA watch closely. #Bitcoin you can cross reference with $MSFT or $PANW which have also reacted there.

#Gold breaking below a key MA- the 200

Selling Short #Nasdaq100 the concept is quite simple. Take price action as the emotional signals and combine that with a momentum filtering technique (Stochastic) to enhance the quality of signals generated from candle patterns. If you consider a common technical indicator for momentum such as the Stochastic %K and %D, you know that whenever the %K & %D rises above 80 (overbought), it is just a matter of time before it will drop back below 80 for a sell signal. I call this period when the %K and D are above 80 the Bearish Pre-Signal Zone. Thus, now if you also find a bearish reversal candle pattern (Evening Star) that occurs while %K and D are above 80, you are getting an emotionally driven sell signal prior to getting a technical based sell signal. repeatable concept.. patience to execute. Be that Cheetah..

Selling Short #Nikkei The concept is quite simple. Take price action as the emotional signals and combine that with a momentum filtering technique (Stochastic) to enhance the quality of signals generated from candle patterns. If you consider a common technical indicator for momentum such as the Stochastic %K and %D, you know that whenever the %K & %D rises above 80 (overbought), it is just a matter of time before it will drop back below 80 for a sell signal. I call this period when the %K and D are above 80 the Bearish Pre-Signal Zone. Thus, now if you also find a bearish reversal candle pattern (Evening Star) that occurs while %K and D are above 80, you are getting an emotionally driven sell signal prior to getting a technical based sell signal.

It's been a good week. Recent change of strategy and a new system that I have been working on with Mike at Mbtrading. It's paying dividends after a lot of work. Identifying only quality set ups, less trades, but ultimately more profitable. Roll on next week!!

Selling Short - #Nasdaq100 The concept is quite simple. Take price action as the emotional signals and combine that with a momentum filtering technique (Stochastic) to enhance the quality of signals generated from candle patterns. If you consider a common technical indicator for momentum such as the Stochastic %K and %D, you know that whenever the %K & %D rises above 80 (overbought), it is just a matter of time before it will drop back below 80 for a sell signal. I call this period when the %K and D are above 80 the Bearish Pre-Signal Zone. Thus, now if you also find a bearish reversal candle pattern (Evening Star) that occurs while %K and D are above 80, you are getting an emotionally driven sell signal prior to getting a technical based sell signal. I went short the Nasdaq yesterday on a Reversal candle with Bearish Divergence.

#Nasdaq100 #TheStrat 2-2 reversal playing out. Will it continue.....