HCPG Blog

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

Saturday, March 19, 2011

Rationality #Fail

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Odds of a nuclear core meltdown are estimated by scientists to be 1 in every 10,000 years. That’s very interesting especially in light of th...
Friday, March 18, 2011

Daytraders: Hang with your own kind

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We read an interesting article a while back by Kid Dynamite about the benefits of seeing opposing viewpoints . The article was well written ...
Thursday, March 17, 2011

Trading Strategies

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We have four different strategies based on daily charts that we commonly use: 1. The first is the one most familiar to traders and that’s t...

Late night thoughts

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$ ES_F is bobbing up and down with the Nikkei as news reports have become more optimistic in the last 4-5 hours. The first big reaction of ...
Wednesday, March 16, 2011

Market Talk

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We wrote in our newsletter last night, “Today could very well be a short-term bottom but we’d be surprised if it were “the” bottom. Why? J...
Thursday, March 10, 2011

Our layout -- E signal

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We often talk about the tools of the trade in our newsletters.  We've gone through a big change in the last week and wanted to update ou...
Sunday, March 06, 2011

Oil and the Market

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We're coming up to a point of inflection in the market as the USD is getting hammered on a daily basis, crude is over 105 and Brent ov...
Wednesday, February 23, 2011

Trannies

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Real panic in the trannies today as the oil rally finally caused some real selling in the sector.  In fact we can't remember the last ti...

Support Trades still working

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We have been wanting these alerts since last week when Ags started selling off and they have been in our newsletter for days.    Big reversa...
Tuesday, February 22, 2011

Tells and EMA talk

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These wide range days are often very good for forming "line in sand" lows and highs on key stocks.   Let's take a look at two ...
Monday, February 21, 2011

All eyes

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All eyes are on silver futures right now (spot trading up 5%) and tomorrow all eyes will be on silver stocks.   Insane move up and continuat...
Wednesday, February 09, 2011

Commodity Talk

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We're finally seeing some volatility enter the picture -- good for us active traders.  Coal stocks not looking hot as many are throug...
Monday, February 07, 2011

Mixed Bag

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We had mediocre alerts (i.e. not our favorite stocks) going into today and most of those triggered for small daytrade pops.  Nothing too exc...
Thursday, February 03, 2011

Precious metal Review

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We've had a few posts on precious metals, especially when they were crashing: precious metal support   and gold support .  We wanted t...
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