HCPG Blog

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

Friday, July 29, 2011

I will punch you in the nose!

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The last time we tested the $ SPY trend-line (in June) we lifted off perfectly, ran to the top of range, but now have come  straight back d...
Wednesday, July 27, 2011

Please don't preach

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We give advice in our newsletters all the time and often write about what we’re thinking on our stream.   Our subscribers know our style and...

Not Scary Yet

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We wrote a few times about the trend-line/50SMA this morning as the first line of defense (and later as “line in sand”) this morning and lo ...
Monday, July 25, 2011

Goldman Sachs COO advice to young college graduates

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Passionate commencement address  from Gary Cohn , the Goldman Sachs ( $GS ) COO, filled with  great advice to the young graduates at America...
Monday, July 18, 2011

Pretty Spot Worked

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We wrote this afternoon  near the bottom: “This would be a pretty spot to bounce – if bulls want it, this is the place to defend ” And once ...

SPY talk

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We tested the top of the previous range  last week at 3AM in the futures  and we finally tested it in the regular session today.   If there ...

Trading Screen Configuration

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HCPG trader screens are more or less configured in a similar fashion — emphasis is on a layout which  gives us a quick idea of what is happe...
Saturday, July 16, 2011

Screen Configuration Bonanza

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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...
Friday, July 15, 2011

Like a Zombie that won't go down

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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...

SPY areas to trade against

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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...
Wednesday, July 13, 2011

Watch that Tuesday night low on the ES_F

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  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...
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