Track Record
FB 4 (+5%) Z 9.76 (+10%) SCTY 5.25 (+11%) DD 2.65 (+4%) DVN -4.5 (-7%) TAN 4 (+12%) FEYE 4.2 (+17%) PEIX 2.2 (+23%) IBB 12 (+4%) QQQ 5.5 (+6%) SPY 9 (+5%) NTAP 2.51 (+6%) BIDU 12.54 (+6%) IYT 6.4 (+4%) SGG 2.33 (+5%) Options: MCP 0.23 (+57%) PSX -3.91 (-5%) BIDU 10 (+5%) SMH 1.82 (+4%) SYMC 1.13 (+5%) URBN 2.28 (+5%) Options: SWN 0.22 (+22%) SDRL -3.39 (-11%) CORN -3.02 (-11%) TMUS 1.23 (+4%) SWN -3.76 (-9%) SINA 0.25 (+1%) NUS 3 (+7%) CLF 1.31 (+9%) DNDN 0.22 (+16%) LUV -3.3 (-11%) CGA 0.6 (+20%) S 0.52 (+9%) X 2.45 (+6%) PHO 1.25 (+5%) FXE -2.95 (-2%) VXX 0.57 (+2%) YHOO 2.05 (+6%) DIS -6.2 (-7%) VXX 2.1 (+7%) SINA 2.4 (+4%) EWG 0.94 (+3%) BRK.B -5.1 (-4%) SPY 0.56 (+1%) Options: WFM 0.41 (+16%) EWC 1 (+3%) HIMX 0.57 (+9%) CVX 1.55 (+1%) UNG 0.07 (0%) Options: HPQ 0.3 (+34%) MMM 2.2 (+2%) FXC 0.6 (+1%) TBT -4.92 (-8%) IYT 4.3 (+2%) USO 0.62 (+1%) AXP -3.37 (-3%) CMG -77.75 (-13%) QCOM 3.55 (+4%) ORLY 3.9 (+3%) KO -1.74 (-4%) SNDK 10.65 (+10%) MA 3.42 (+5%) IBB 11.5 (+4%) CSCO 0.22 (+1%) RDY 3.36 (+8%) HDGE -0.57 (-5%) DD 2.4 (+4%) Options: CVX 0.18 (+12%) MU 0.8 (+2%) INTC -1.99 (-7%) VXX -5.5 (-15%) CLF 0.34 (+2%) FB -6.34 (-11%) TJX 0.78 (+1%) BA 4.9 (+4%) Options: IYT 0.4 (+26%) Options: DAL 1.05 (+100%) IYT -8.9 (-6%) CVX 2.2 (+2%) GE -0.48 (-2%) TWTR 2 (+6%) UNH 3.24 (+4%) TSN 2.2 (+5%) IWM 6.3 (+5%) WHR 8 (+5%) VXX -4.05 (-10%) FEYE -9.35 (-26%) CRM 2.64 (+5%) DANG 1.05 (+10%) WFM 0.51 (+1%) QCOM 4.35 (+5%) IBB 22 (+10%) NFLX 22 (+7%) SH 0.27 (+1%) IWM 5.35 (+5%) RIG 0.63 (+2%) MOS 0.77 (+2%) VXX 2.3 (+6%) NFLX 16.4 (+5%) GLD 1.75 (+1%) COG 1.07 (+2%) LNKD 17 (+11%) P 2.35 (+9%) VXX 2.2 (+5%) DDD 4.67 (+8%) FDX 2.46 (+2%) YHOO 3.6 (+9%) ADBE 2.62 (+4%) WDC -7.75 (-9%) PCLN 51 (+4%) FB 5.65 (+8%) AUY -1.34 (-13%) JJC 0.56 (+1%) SPY 1.6 (+1%) USO 0.37 (+1%) JO 3 (+8%) PCLN 42 (+3%) GILD 7.5 (+9%) PLUG 0.6 (+10%) PRGO -13.3 (-9%) VXX 2.4 (+5%) CORN 1.75 (+6%) BBBY 2.53 (+4%) TGT 0.00 (0%) HAL 0.4 (+1%) FCX 0.66 (+2%) MCP 0.32 (+7%) SINA 3 (+5%) PBR 0.56 (+5%) BA 5 (+4%) JCP -1.35 (-21%) PCLN 25 (+2%) BA 2 (+2%) ANF 2.3 (+7%) F 0.76 (+4%) AMZN 15 (+4%) VXX 3 (+7%) YHOO 2.17 (+5%) WYNN 3 (+2%) HAL 0.25 (+1%) AUY 0.6 (+7%) ROSG 0.95 (+30%) SINA -6.24 (-7%) TWTR 12 (+17%) ABIO 0.67 (+43%) CCXI 1 (+19%) TWGP 0.72 (+29%) TWTR 2.5 (+3%) NEWL 0.3 (+17%) WPRT -1.25 (-6%) ECTE 0.58 (+21%) FB 4.11 (+9%) CELG -15.66 (-10%)


Rant & Rave Blog

Why Trend Line Analysis Will Make You Rich!

Posted by Gareth Soloway Thursday, February 26, 2009, 07:00PM ET

Read 1512 times

Training the eye to find key trend lines is just one expertise a pro trader must learn on their way to profitability. In fact, it may just be the most important piece to the puzzle yet the most underutilized and unknown. Trend line analysis is something that not many individuals learn because it takes time and we are a culture of instant satisfaction. As we all know, may traders, investors, funds all focus on fundamentals. In addition, most other traders, investors, funds, if they use technical analysis, focus purely on the common technicals like the moving averages, Stochastics, MACD, RSI and others. These are commonly used by every technical trader in the world. They all use past data to project future results.

The market is a funny entity in many ways. It generally finds the majority and decides to go the opposite way. This can be seen with the put/call ratio and all other sentiment indicators. To summarize, when everyone is jumping off the cliff in panic, the market is usually ready to reverse and when everyone is putting their equity from their house into the market for “easy money”, the market has topped and will drop dramatically. This can be seen just by looking at the last 2 years in the stock market or in the housing market. It also can be seen last November, when the lows were hit and the DOW had 500 point intra day swings like it was a giant brushing off a fly. The panic was in the market in November, and at those lows the VIX (fear index) saw unheard of numbers over 80. The normal range for the VIX previously had been 10-40. At 40, the market had previously hit the highest fear level. So obviously, at 80, it was all out panic and thus a major buying opportunity for a month or two rally.

My point is this. Trend line analysis is a little known art. It is something that takes years to train the eye to see easily. However, once completed and trained, it opens a whole new world. As I have continued to master the markets as part of InTheMoneyStocks.com, I have continued to train my eye to spot these trend lines. By purely focusing on price, pattern and time we have eliminated all the nonsense every other trader is looking at. Just like the VIX and other psychological indicators show us the emotion in the market and the right move is almost always the opposite, the same applies to technical indicators. When a majority of the traders, investors, funds use certain technical indicators, they stop working. At first, as they begin to get more popular they still work a majority of the time, as they get more and more popular however, they work less and less. Why? Because in the market there is always a winner and loser and emotion rules. The more people that try and go short at the resistance level on a moving average, the less likely it will work due to basic laws. Remember, go the opposite of the crowd. I never trade off a Stochastic, RSI, MACD or any other technical indicator other than to look for divergences occasionally. Price, pattern and time are my Bible, Torah or Koran.

Trend line analysis is not something easy and that is why people do not learn it. Traders are just like majority this world. They are naturally lazy and want everything instantly and to profit immediately. That is why the basic technical indicators are loved. Computers can program them in, no work for the individual and they pop up on the chart. Those are the traders that will ultimately lose or never get to the elite trader status.

Work hard, educate yourself and spend time truly learning pattern, pricing and time values and the profits will come.

The best example I can give is the chart below of Goldman Sachs. What Goldman Sachs shows is repeated on hundreds of charts every day. It is common and it is using the “normal” technical trader to coax them in a short trade and stop them out. About 1 out of every 100 trader knows how to use trend lines properly. Have you ever been in a trade where you shorted up against a major moving average, the stock continued higher, you got stopped out and then just a little while later the stock rolled over. Then, you kick yourself for not holding longer? This chart below explains why?

Note in the chart below. There is the major 200 moving average coming into play on the upside as Goldman Sachs screams higher. As Goldman hits the 200 moving average, most traders take their short positions. This is where the mistake is made. Note the trend line drawn in just above, which is clear as day and stretches back 3 days. This is the true level Goldman Sachs will see and those few that know trend line analysis will be ready. The “normal/average” trader, after shorting at the 200 moving average, is beginning to feel the pain as Goldman pushes higher. Goldman Sachs spikes over the 200 moving average by a full dollar at which point those who shorted at the 200 moving average would cover their position. Little do these traders know, Goldman Sachs just hit a key resistance level as shown on the chart below.

Those pro and elite traders that know trend line analysis will have waited patiently as every other trader shorts the 200 moving average. As Goldman Sachs hits the trend line, the elite traders short. Goldman Sachs falls from that trend line resistance point and profits are made for the elite.

Learn your trend line analysis. The profits will finally start and grow. Enjoy free analysis right here on our Rant & Rave blog. Also, enjoy the Research Center, which is the only service for serious swing traders and investors looking to take control of their financial freedom.

 
Gareth Soloway
www.InTheMoneyStocks.com
The Leader In Market Technical Guidance


 
Research Center - Pro Trader Watch List Removals- HUGE

Posted by InTheMoneyStocks.com Wednesday, February 25, 2009, 07:00PM ET

Read 625 times

Research Center - Pro Trader Watch List Removals- HUGE
Pro Trader Watch List Removals


DTO as of 10:08 at a price of $196.65 from Bearish List Price of $241.89
on 02/18/09

BAC
as of 10:08 at a price of $5.80 from Bullish List Price of $4.59
on 02/18/09

GLD
as of 10:08 at a price of $92.20 from Bearish List Price of $96.59
on 02/23/09

AUY
as of 10:11 at a price of $8.11 from Bearish List Price of $8.90
on 02/23/09

DGP
as of 10:12 at a price of $20.54 from Bearish List Price of $22.58
on 02/23/09

Top Gainer: BAC +26.36%

Join the Research Center and get the Pro Trader Watch List, Nightly Technical Analysis Videos, Technical Tactic Videos, Hidden Gems, Daily Market Report.

We give out all the key levels on the intra day 10 minute charts, 60 minute charts, daily charts, weekly charts and monthly charts.  In addition, get pivot days, proprietary techniques, key levels on the S&P, Oil, Gold and US$.





Current Key Levels On The SPY Intra Day

Posted by InTheMoneyStocks.com Wednesday, February 25, 2009, 07:00PM ET

Read 630 times

Current Key Levels On The SPY Intra Day

RealTick graphics used with permission of Townsend Analytics, Ltd. ©1986-2009 Townsend Analytics, Ltd. All Rights Reserved. RealTick is a registered trademark of Townsend Analytics, Ltd.
Market Technical Analysis Video - Hanging On By A Threat....Still Positive Intra Day Bias Until...

Posted by InTheMoneyStocks.com Wednesday, February 25, 2009, 07:00PM ET

Read 556 times

Market Technical Analysis Video - Hanging On By A Threat....Still Positive Intra Day Bias Until...
No Rally with a low Put/Call

Posted by InTheMoneyStocks.com Wednesday, February 25, 2009, 07:00PM ET

Read 596 times

No Rally with a low Put/Call
Pattern Recognition: W-V Pattern Completion, Now M-A Possible

Posted by InTheMoneyStocks.com Wednesday, February 25, 2009, 07:00PM ET

Read 524 times

Pattern Recognition: W-V Pattern Completion, Now M-A Possible

RealTick graphics used with permission of Townsend Analytics, Ltd. ©1986-2009 Townsend Analytics, Ltd. All Rights Reserved. RealTick is a registered trademark of Townsend Analytics, Ltd.


Pay close attention to this M-A formation. If it breaks, the completion of the A could be a solid sell off lower to the next major support line around $76.20
Great Call On The M-A Pattern. It Completed Beautifully With A Huge Dump!

Posted by InTheMoneyStocks.com Wednesday, February 25, 2009, 07:00PM ET

Read 576 times

Great Call On The M-A Pattern. It Completed Beautifully With A Huge Dump!

RealTick graphics used with permission of Townsend Analytics, Ltd. ©1986-2009 Townsend Analytics, Ltd. All Rights Reserved. RealTick is a registered trademark of Townsend Analytics, Ltd.


Great call. What a dump. People are insane not to learn your technical price, pattern and time factors. Truly an amazing short call on the M-A recognition.

Key Levels on the SPY Intra Day

Posted by InTheMoneyStocks.com Tuesday, February 24, 2009, 07:00PM ET

Read 635 times

Key Levels on the SPY Intra Day

RealTick graphics used with permission of Townsend Analytics, Ltd. ©1986-2009 Townsend Analytics, Ltd. All Rights Reserved. RealTick is a registered trademark of Townsend Analytics, Ltd.
 
Note the key lines which stretch back days, weeks and even months are all still playing a key role in this market as support and resistance.  Also, note the moving average supports and resistance levels playing a role as well.  The chart is of the SPY 10 minute intra day.
The Importance Of Trend Line Analysis On The Chart Of CitiGroup

Posted by InTheMoneyStocks.com Tuesday, February 24, 2009, 07:00PM ET

Read 606 times

The Importance Of Trend Line Analysis On The Chart Of CitiGroup

RealTick graphics used with permission of Townsend Analytics, Ltd. ©1986-2009 Townsend Analytics, Ltd. All Rights Reserved. RealTick is a registered trademark of Townsend Analytics, Ltd.


Very important chart for those of you who are trying to learn trend line analysis and even more important for you newbies who want to understand why trend line analysis is so key to being a profitable trader, swing trader, investor.  Not how the moving averages on the chart play almost no role in the support or resistance levels in the market. Also, you all can see how the longer green trend line support was broken initially and CitiGroup went to the secondary support line.  The secondary trend line support held beautifully as CitiGroup got a bounce.  Where did the bounce go?  Right back to the first trend line support which as you all should know, is now resistance. Always remember that folks, broken support becomes resistance and vice versa. 

Possible bullish consolidation pattern

Posted by InTheMoneyStocks.com Tuesday, February 24, 2009, 07:00PM ET

Read 577 times

Possible bullish consolidation pattern
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