Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

Dinerotrader

Interesting Charts for Technical Trades

Recommended Posts

OCNF (freightliner transport)

I am pretty leary about this one. I have made money several times on it before based on trading from support which is why I still watch it but the bankruptcy risk on this is ever present like most of the big ocean transporters. I am a little worried to hold this overnight.

 

attachment.php?attachmentid=16454&stc=1&d=1260397849

5aa70f7dde3da_12-9-20091.png.35a9cbc36da3405b36a181e65b5a3fff.png

Share this post


Link to post
Share on other sites
RAIL

 

Quick fundamental info.

It is a railroad. Warren Buffet just bought a railroad recently citing that as the economy grows so will the transport business (not that everything he does is the right thing). This railroad and also the one he bought and both transport a lot of coal.

 

The support level was holding well and I liked the fundamentals for a long term hold. Stop loss would be below the support line. I bought this one with real IRA money.

 

attachment.php?attachmentid=16293&stc=1&d=1259963068

 

Quick update on RAIL. I actually bought this one at support when I posted the chart. I don't buy stock very often right now since I am focusing most of my time on SIM trading futures. I'm up 4.3% right now so I am happy thus far.

 

attachment.php?attachmentid=16455&stc=1&d=1260398373

5aa70f7de4c9d_12-9--200911.thumb.png.3763ef6c6ed2b9fac5312b498a6ccdc8.png

Share this post


Link to post
Share on other sites

MBI

 

This was a $65 stock before the 2008 collapse. They have some lawsuits going on right now which worry me but based on pure chart reading. There seems to be a low risk entry entry point at support in expectation of a reversal to the upside.

 

attachment.php?attachmentid=16456&stc=1&d=1260399028

5aa70f7deaf58_12-9-200912.png.7d69f821f8c4d2bf7336c72ab4ad09dc.png

Share this post


Link to post
Share on other sites

S

Sprint...

 

I'd be looking for a short on this one. The big ol' doji caught my eye from today's price action along with how close it is to resistance. I noted a few other hammers/doji's that appeared in the past and provided reasonable moves.

 

attachment.php?attachmentid=16457&stc=1&d=1260399528

5aa70f7df2303_12-9-200913.thumb.png.03ba70aa1faad912eeeaee228cb07e80.png

Share this post


Link to post
Share on other sites

Just for the heck of it....

 

support was at 6.00 and it didnt hold(notice the longshadows that formed trying to hold 6.00).

6.00 is now Resistance and there is another R between 6.00 and 6.25. If I buyt here which I wouldnt, I would keep and eye on 6.00 and a little above that because thats seller will come in again.

A turn at 5.00 may be in the cards.

 

Also that recent top looks very majore, but i would have to see more of the left edge.

Share this post


Link to post
Share on other sites
Just for the heck of it....

 

support was at 6.00 and it didnt hold(notice the longshadows that formed trying to hold 6.00).

6.00 is now Resistance and there is another R between 6.00 and 6.25. If I buyt here which I wouldnt, I would keep and eye on 6.00 and a little above that because thats seller will come in again.

A turn at 5.00 may be in the cards.

 

Also that recent top looks very majore, but i would have to see more of the left edge.

 

I assume you are referring to the TLAB chart. 6 was definitely a level and I should have marked it. In my opinion it didn't provide a great trading entry setup because it just chopped around that level but the level it is at right now is showing some great tight action just above showing me that it is significant right now in investor's eyes. In June when it had this same tight action it ended up reversing. I can see both a long and a short with tight stops providing some good risk reward trades.

Share this post


Link to post
Share on other sites

Hi Dinortrader,

 

Yes regarding TALB(FYI not at al familiar with this stock, but a chart is a chart)

 

I looked at that chart for at most 5min....because I was in a rush to meet someone.

Had I had more time I would have added, dont take anything I mentioned too seriously, becuase it was at a glance analysis.

 

Infact at second look I would say, even if we broke below your S and price reached 5.00.

I would not be interested in buying, but thats my prefernece.

 

The S you are showing is good solid S (I would have drawn it a little higher but thts not a big deal) the problem that I see is that buyers will have two very near R to push through(the range of apprx. a little below 6.00-6.25) and that would not give me enough wiggle room, thus those type of trades.... although they can be sucessful, I prefer to let them go. Just my prefernce from experience and how much I like to get as my min profit per trade.

 

Now back to your chart I see that big dark candle just barely kissed your S, that big candle should have punched trough the S but it didnt even my S being slightly higher the big dark candle was not able to close below it. There is still no confirmation to take the long trade for me, thus even if i wanted to be long I would need to wait for a confirmation.

A few things can happen , regardless if I get a confirmation,

price a starts to move up.

Price gaps below the S.

Price starts to contract creating small candle lines and then another Big dark candle slices right through the S and moves down to fill that gap around 5.25 and possibly testing 5.00.

That gap is infact another reason I dont want to be long. at the moment.

 

Different views are what make the markets, dont take my wrtting as direct disagreement.

Keep on posting.... For me when I have the time, which is rare, its always fun to do this type of analysis.

Share this post


Link to post
Share on other sites

Dinero - nice charts and nice trade on the one you are in. I think you'll find just doing some chart analysis, even on daily stock charts, will help your futures trading. You might also find that it's easier on stocks and go that direction. You never know where trading will take you. I went from stocks to options to futures.

Share this post


Link to post
Share on other sites

On the TLAB chart, on previous page last post by Dineortrader, posted I could not see enough of the left edge so i decided to undertake the hard task of opening anew chart and typing TLAB...

 

The key levels on the charts are the locations that I would monitor.

obviously, when I looked at more of the left edge the landscape changed.

T1.thumb.PNG.d521279e14ea24d10960ff4da0ecd917.PNG

T2.thumb.PNG.d6b57b8276cbf7ce38d15ae2acd76f8c.PNG

Edited by sep34

Share this post


Link to post
Share on other sites

The S you are showing is good solid S (I would have drawn it a little higher but thts not a big deal) the problem that I see is that buyers will have two very near R to push through(the range of apprx. a little below 6.00-6.25) and that would not give me enough wiggle room, thus those type of trades.... although they can be sucessful, I prefer to let them go. Just my prefernce from experience and how much I like to get as my min profit per trade.

 

I totally agree with this. You have to be picky about which trades to take and this might not provide the best R:R compared to some other opportunities. I scan through a lot of stocks so the ones I post hear I have only looked at for 40-60 seconds to note S/R, consider candles, trendlines, and price action. When my sons aren't so young I will be teaching them to do this type of scanning for me so I can just consider the cream of the crop for possible trades.

Share this post


Link to post
Share on other sites
Dinero - nice charts and nice trade on the one you are in. I think you'll find just doing some chart analysis, even on daily stock charts, will help your futures trading. You might also find that it's easier on stocks and go that direction. You never know where trading will take you. I went from stocks to options to futures.

 

Stocks can be fun but for intraday trades I find selecting which stocks to make trades on very distracting when all I want to focus on is reading price action and finding great entry points. Futures help me to just focus on that and it has really helped my analytical skills and PA awareness. Thales is great at stock selection and gave me a lot of help but I am still learning. So far I really like futures and most days it feels like I am getting better at it.

Share this post


Link to post
Share on other sites

By the way, I took a few minuts and went through the 4 pages and peeked at all the charts. post #27 has to be my favorit chart (RAIL), probably because its the easiest chart for me to understand.

Share this post


Link to post
Share on other sites

Hi Dinero, as a side note

have you read "blink" Malcom Gladwell - its an interesting book - but the point of mentioning it is sometimes - when you have expertise or experience in something, then just by flicking through a lot of charts and pulling out the ones that your intuition rates highly can work very well. Its the old story of not trying to think to hard and over analyse things.

Myself and a partner used to flick through over 100 charts and pull the ones that looked good - it worked. Problem is now I want to be a little more process driven. :crap:

Share this post


Link to post
Share on other sites

why fix it? Age - stubbornness - boredom.

(this is more a trading physc thread)

There was a great quote - i think it was from Jesse Livermore - that went something like.....

"not taking a loss does more damage to the soul than to the pocketbook"

 

I kind of apply this to myself in that when trading completely on feel I tended to get ill disciplined, and gave back chunks of money usually after big wins. Then I used to mutter to myself like some mad man - hrumpf , moth f...k, idiot, stinking market etc; etc;

I started to loose friends, girlfriends and the like.

 

By introducing an element of discipline and trying to flatten/smooth the pl etc I enjoy myself more by not being too harsh on myself. This should make for a longer trading and more scalable trading career.

 

People talk about burnout in trading - I think to a certain extent its more about boredom - which then leads to excessive risk taking, stupid decisions, and low risk trades while trying to capture the thrill of being right. So by adding more of an element of process driven decisions it takes some of that emotional element out of it.

 

(just kidding about the loosing friends)

Share this post


Link to post
Share on other sites
OCNF (freightliner transport)

I am pretty leary about this one. I have made money several times on it before based on trading from support which is why I still watch it but the bankruptcy risk on this is ever present like most of the big ocean transporters. I am a little worried to hold this overnight.

 

I decided to pull the trigger on OCNF and buy in at 1.02 with a stop loss at 0.97. I liked that its support is near the $1 level which gives it a little more umph to keep price above $1 just because of the average investor psychology.

 

attachment.php?attachmentid=16495&stc=1&d=1260551544

5aa70f7f39ea3_12-11-20091.thumb.png.c8217861119250ef8809e7429a3cd09a.png

Share this post


Link to post
Share on other sites

I'd keep a short leash on OCNF, obviously psch levels can work against once broken.

 

Although I strickly trade futures these days your thread piqued my interest, especially because TLAB used to a favorite of mine back in the late 90's ($60/$70 a share days :)) but I think it looks good here.

 

An Elliott Wave ABC correction looks to be complete sitting on long term 50% retracement level among others and a TD Buy Sequential too - although this could possibly recycle.

5aa70f802baa7_DTTLAB.thumb.gif.3ba207d7babada9a91394500b316a1e6.gif

5aa70f808db3c_TSTLAB.png.0444a7a7688728d2f1d070b71d8425f9.png

Share this post


Link to post
Share on other sites
I'd keep a short leash on OCNF, obviously psch levels can work against once broken.

 

Although I strickly trade futures these days your thread piqued my interest, especially because TLAB used to a favorite of mine back in the late 90's ($60/$70 a share days :)) but I think it looks good here.

 

An Elliott Wave ABC correction looks to be complete sitting on long term 50% retracement level among others and a TD Buy Sequential too - although this could possibly recycle.

 

I don't day trade stocks anymore because I am focused on futures also but I still have some money in IRA, ROTH, and such that needs some management and once the futures I watch die down in the afternoon, I like to relax with some daily stock chart scanning. It also gives me something to talk about with other people that invest but don't know anything about futures. Most people can discuss stocks. Hopefully, this thread will lead me to a trading strategy for my longer term position stock trades.

Share this post


Link to post
Share on other sites

ARP

 

I am almost positive I will buying this one on Monday. Great bounce off support, nice big hammer candle at support a few days ago and I like the fundamentals. I'll definitely have a stop in in case it starts to break below support.

 

attachment.php?attachmentid=16546&stc=1&d=1260718596

5aa70f80b4620_SNAG-12-13-200901.thumb.png.dad26a1c0d937e24d95d71716b26d0e0.png

Share this post


Link to post
Share on other sites

Hi Dinero,

 

I'll join your penny stock parade. I'm not initiating any new longs right now given the current market action, but, if the markets intentions were clearly to continue up, this is what I would be looking for: SRLS has established a nice, orderly uptrend over several months, and it is now puling back after getting to within 34 pennies of its all time high according to the data I have on Telecharts. I like this little pullback to 3.50, so I would be looking to buy if Friday's high is bttered by at least a dime, and my stop loss would be a penny below Friday's low. I'd be watchful at the 4.50 level (all time high $4.54), but my intention would be to hold this for a few bags if it pushed tonew all time highs.

 

Best Wishes,

 

Thales

5aa70f80da830_12-11-2009SRLS1.thumb.jpg.54aa610db1808271904ab55e370aec45.jpg

Share this post


Link to post
Share on other sites
Hi Dinero,

 

I'll join your penny stock parade. I'm not initiating any new longs right now given the current market action, but, if the markets intentions were clearly to continue up, this is what I would be looking for: SRLS has established a nice, orderly uptrend over several months, and it is now puling back after getting to within 34 pennies of its all time high according to the data I have on Telecharts. I like this little pullback to 3.50, so I would be looking to buy if Friday's high is bttered by at least a dime, and my stop loss would be a penny below Friday's low. I'd be watchful at the 4.50 level (all time high $4.54), but my intention would be to hold this for a few bags if it pushed tonew all time highs.

 

Penny stock parade! :)

Okay I guess I do like the looks of quite a few cheapies but I haven't posted anything that was cheaper than a $1. Interesting that you chose SRLS. I actually did some tax strategy work for them 3 years ago. I'll keep an eye on this one. Thanks for the chart.

 

I agree, market direction is pretty hazy right now which is why I am mostly in cash looking for interesting setups.

 

I'll try to get some more large cap stocks in the mix. Feel free to throw some in also.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • Date: 11th July 2025.   Demand For Gold Rises As Trump Announces Tariffs!   Gold prices rose significantly throughout the week as investors took advantage of the 2.50% lower entry level. Investors also return to the safe-haven asset as the US trade policy continues to escalate. As a result, investors are taking a more dovish tone. The ‘risk-off’ appetite is also something which can be seen within the stock market. The NASDAQ on Thursday took a 0.90% dive within only 30 minutes.   Trade Tensions Escalate President Trump has been teasing with new tariffs throughout the week. However, the tariffs were confirmed on Thursday. A 35% tariff on Canadian imports starting August 1st, along with 50% tariffs on copper and goods from Brazil. Some experts are advising that Brazil has been specifically targeted due to its association with the BRICS.   However, the President has not directly associated the tariffs with BRICS yet. According to President Trump, Brazil is targeting US technology companies and carrying out a ‘witch hunt’against former Brazilian President Jair Bolsonaro, a close ally who is currently facing prosecution for allegedly attempting to overturn the 2022 Brazilian election.   Although Brazil is one of the largest and fastest-growing economies in the Americas, it is not the main concern for investors. Investors are more concerned about Tariffs on Canada. The White House said it will impose a 35% tariff on Canadian imports, effective August 1st, raised from the earlier 25% rate. This covers most goods, with exceptions under USMCA and exemptions for Canadian companies producing within the US.   It is also vital for investors to note that Canada is among the US;’s top 3 trading partners. The increase was justified by Trump citing issues like the trade deficit, Canada’s handling of fentanyl trafficking, and perceived unfair trade practices.   The President is also threatening new measures against the EU. These moves caused US and European stock futures to fall nearly 1%, while the Dollar rose and commodity prices saw small gains. However, the main benefactor was Silver and Gold, which are the two best-performing metals of the day.   How Will The Fed Impact Gold? The FOMC indicated that the number of members warming up to the idea of interest rate cuts is increasing. If the Fed takes a dovish tone, the price of Gold may further rise. In the meantime, the President pushing for a 3% rate cut sparked talk of a more dovish Fed nominee next year and raised worries about future inflation.   Meanwhile, jobless claims dropped for the fourth straight week, coming in better than expected and supporting the view that the labour market remains strong after last week’s solid payroll report. Markets still expect two rate cuts this year, but rate futures show most investors see no change at the next Fed meeting. Gold is expected to finish the week mostly flat.       Gold 15-Minute Chart     If the price of Gold increases above $3,337.50, buy signals are likely to materialise again. However, the price is currently retracing, meaning traders are likely to wait for regained momentum before entering further buy trades. According to HSBC, they expect an average price of $3,215 in 2025 (up from $3,015) and $3,125 in 2026, with projections showing a volatile range between $3,100 and $3,600   Key Takeaway Points: Gold Rises on Safe-Haven Demand. Gold gained as investors reacted to rising trade tensions and market volatility. Canada Tariffs Spark Concern. A 35% tariff on Canadian imports drew attention due to Canada’s key trade role. Fed Dovish Shift Supports Gold. Growing expectations of rate cuts and Trump’s push for a 3% cut boosted the gold outlook. Gold Eyes Breakout Above $3,337.5. Price is consolidating; a move above $3,337.50 could trigger new buy signals. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Michalis Efthymiou HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • Back in the early 2000s, Netflix mailed DVDs to subscribers.   It wasn’t sexy—but it was smart. No late fees. No driving to Blockbuster.   People subscribed because they were lazy. Investors bought the stock because they realized everyone else is lazy too.   Those who saw the future in that red envelope? They could’ve caught a 10,000%+ move.   Another story…   Back in the mid-2000s, Amazon launched Prime.   It wasn’t flashy—but it was fast.   Free two-day shipping. No minimums. No hassle.   People subscribed because they were impatient. Investors bought the stock because they realized everyone hates waiting.   Those who saw the future in that speedy little yellow button? They could’ve caught another 10,000%+ move.   Finally…   Back in 2011, Bitcoin was trading under $10.   It wasn’t regulated—but it worked.   No bank. No middleman. Just wallet to wallet.   People used it to send money. Investors bought it because they saw the potential.   Those who saw something glimmering in that strange orange coin? They could’ve caught a 100,000%+ move.   The people who made those calls weren’t fortune tellers. They just noticed something simple before others did.   A better way. A quiet shift. A small edge. An asymmetric bet.   The red envelope fixed late fees. The yellow button fixed waiting. The orange coin gave billions a choice.   Of course, these types of gains are rare. And they happen only once in a blue moon. That’s exactly why it’s important to notice when the conditions start to look familiar.   Not after the move. Not once it's on CNBC. But in the quiet build-up— before the surface breaks.   Enter the Blue Button Please read more here: https://altucherconfidential.com/posts/netflix-amazon-bitcoin-blue  Profits from free accurate cryptos signals: https://www.predictmag.com/ 
    • What These Attacks Look Like There are several ways you could get hacked. And the threats compound by the day.   Here’s a quick rundown:   Phishing: Fake emails from your “bank.” Click the link, give your password—game over.   Ransomware: Malware that locks your files and demands crypto. Pay up, or it’s gone.   DDoS: Overwhelm a website with traffic until it crashes. Like 10,000 bots blocking the door. Often used by nations.   Man-in-the-Middle: Hackers intercept your messages on public WiFi and read or change them.   Social Engineering: Hackers pose as IT or drop infected USB drives labeled “Payroll.”   You don’t need to be “important” to be a target.   You just need to be online.   What You Can Do (Without Buying a Bunker) You don’t have to be tech-savvy.   You just need to stop being low-hanging fruit.   Here’s how:   Use a YubiKey (physical passkey device) or Authenticator app – Ditch text message 2FA. SIM swaps are real. Hackers often have people on the inside at telecom companies.   Use a password manager (with Yubikey) – One unique password per account. Stop using your dog’s name.   Update your devices – Those annoying updates patch real security holes. Use them.   Back up your files – If ransomware hits, you don’t want your important documents held hostage.   Avoid public WiFi for sensitive stuff – Or use a VPN.   Think before you click – Emails that feel “urgent” are often fake. Go to the websites manually for confirmation.   Consider Starlink in case the internet goes down – I think it’s time for me to make the leap. Don’t Panic. Prepare. (Then Invest.)   I spent an hour in that basement bar reading about cyberattacks—and watching real-world systems fall apart like dominos.   The internet going down used to be an inconvenience. Now, it’s a warning.   Cyberwar isn’t coming. It’s here.   And the next time your internet goes out, it might not just be your router.   Don’t panic. Prepare.   And maybe keep a backup plan in your back pocket. Like a local basement bar with good bourbon—and working WiFi.   As usual, we’re on the lookout for more opportunities in cybersecurity. Stay tuned.   Author: Chris Campbell (AltucherConfidential) Profits from free accurate cryptos signals: https://www.predictmag.com/   
    • DUMBSHELL:  re the automation of corruption ---  200,000 "Science Papers" in academic journal database PubMed may have been AI-generated with errors, hallucinations and false sourcing 
    • Does any crypto exchanges get banned in your country? How's about other as Bybit, Kraken, MEXC, OKX?
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.