HCPG Blog

An educational blog which supplements subscriber service Chart Patterns are nothing but Footprints of the Greenbacks.

Friday, January 08, 2010

Great Entry, Awful Exit

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We found this TC chart at the end of December and were wowed by how gorgeous it was: We exited much too early as the stock is still running:...

Numbers for the week

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Percentage moves from trigger numbers posted night before for this week (Jan 04-08 2010): We're mostly daytraders but our entries are ba...

This week's triggers

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Here are our triggers for this week -- arrows/lines were the buy spots put the night before the trigger. A few flat, a few losers, and dece...

Triggers

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A couple of triggers and swing trades for today: RIG 92 from last night's newsletter worked so far for a point -- look how it is riding ...
Thursday, January 07, 2010

Buying Support

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One of the most gratifying things about trading off support and resistance is that you can sometimes get a 2 for 1 deal in that you trade lo...
Wednesday, January 06, 2010

Bread and Butter Daytrade Set-Up

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AONE has a daily spot at 23.5 -- stock spiked up away from base, came close to resistance, and reversed. As you know, we never buy on top o...
Tuesday, January 05, 2010

QCOM

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On a day with tech weak the stock had a nice move as investors are buying the stock on news that its Snapdragon processor is being used in G...

Before and After

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All the following were posted under our twitter account yesterday before the break-outs (and for BHI this morning before 42 break-out): http...
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