HCPG Blog

There are lots of threads out there on traders sending in snapshots of their workstations — that’s fun to look at but what is more useful fo...

Like a zombie that won’t go down this market keeps getting hit with bullet after bullet and yet refuses to roll.    Many are looking for a r...

We’re at the close here and bulls  held the 20SMA/50% retracement of recent rally/  $ ES_F  AH low. So what if doesn’t hold?  Next support c...

  Remember this line in the sand  we posted yesterday ?  It’s baaaaack: Tuesday 3AM futures tested and passed the top of range test.  We’r...

First of all, we completely forgot about our 5 yr business anniversary mark (June 13, 2006).    However, a belated note hopefully is better ...

We bounced right at the previous top of the range on the $ ES_F — click to enlarge: Too bad it happened at 3 AM…   Anyway, that’s the line...

We’re active traders (probably 80% day-trade, 20% swing) and quite aware that the burn-out (and blow-out) rate in our business is quite high...

After a 100 point rip on the no-Greek default bottom $ SPX finally seeing some fatigue in the market.  That being said the market held the ...

If you were watching for a bounce on the 2009 trend-line  you would have had two very different conclusions if your chart was set to linear ...

In benign momentum markets such as the one we have enjoyed for the last week a lot of break-out moves start before the alert.   Two of our d...

With that title you would think I (have to use “I” here, this one is all me, not from my partners who work in offices) I am talking about a ...

We  rarely trade only on what we see in charts, nor in fundamentals.  We always defer first and foremost to price action (especially to dive...

An updated “ The only chart that counts ” posted 8 days ago — trend-line’s still holding and still calling our name.    We’re not fans of ma...

You won’t find traders who hate chasing more than we do and it’s probably a reason why we avoid IPO action. Good IPOs that want to move high...

It was a perfect technical bounce — market hit $ SPX $ RUT 200 SMA and bounced perfectly.   Traders were desperate for a bounce and they f...

First we had the 200SMA test of the $ QQQ a few days ago: It worked well for 2 days and then failed miserably. Today we had even more fun...

We have a saying in our newsletter to “buy the first test, but never the second”.  We explained this in our previous $ QQQ 200SMA test post...

Note the test and success first of the 50SMA in Jan 2011, then the test and success of the 100SMA in March 2011, and now the test of the 200...

We took a mid-sized position near the close prices on QQQ IWM SPY but with the understanding (and lots of room in buying power) that market ...

This is the big kahuna — ideally we’d like a slight overshoot of the very watched 200SMA into the loving hands of the trend-line from March ...