See how price pushes up through Alla’s Average, then comes down to meet it, and then runs? That is the chart pattern I talk about over and over. If I could go back in time and teach myself just one chart pattern, that would be it!
Note, too, how during the short consolidation (blue bar heading sideways/down to Alla’s Average), the volume pressure kept rising. How could you not take that trade? And, you can see that an everypush “safe” dot shows up (in the bottom subgraph) right where I drew the arrow on the screen… so it’s not just my discretion involved….
Hope your trading day is going well.
November 11th, 2008 at 9:31 pm
I try not to invest short term, but I admire you guys who can read charts and make money off it.
November 11th, 2008 at 11:40 pm
Damn that looks like a profitable trade, and your charts look really cool too >:)
November 12th, 2008 at 10:04 am
Thanks, ScalpWiz!
February 5th, 2009 at 10:32 am
That’s really something to watch for. Thanks.
What’s an EveryPush “safe” dot?
February 5th, 2009 at 12:37 pm
the “safe” dot has evolved into the EveryPushEntries indicator, which is in the elite package for all platforms.
March 22nd, 2009 at 5:32 am
Hi Richard,
Can you please advise on which indicators make up your multichart here as i have (EL) on Ninja, and what time frame chart are you running on.
Regards Mark
March 22nd, 2009 at 8:50 am
Well, it’s a point original chart, which ninja doesn’t have. Then I have everypush, alla’s average, the Kama, gcyclemasind, volume splitter, and that’s probably the gcycle stockastic on the bottom. Then everypushentries made the actual entry arrow.