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60 Minute Wedge Pattern Okay so understanding this is important as you'll see us get an idea of short term scalp direction using it as well as make entries. We use the Ninja Trader platform for charting and one indicator we found that makes it easier on us to spot this set up is the Multi-Period Candle Sticks indicator.

Daytrend: Setups for 3/6/2009

Posted by FINZ.tv on March 6th, 2009

I’ve been away from this blog and twitter for a while working on money management for trading trends such as those we have now in most sectors. I’ve traded several-day trends on 1-month 30-minute charts since 2003, but recently I’ve been overcome by the mindset of becoming a machine.

Unfortunately, investors are a lot like teenagers. They know everything; expect instant gratification; take unnecessary risks; fall in love easily; ignore voices of experience; prefer the easy approach. Lessons of the past just can't apply to what's going on now. Duh, dude!

The Investment Gods Are Angry

Posted by sanserve on January 13th, 2009

Today's obsession with short-term blinks of the investment eye is Wall Street's attempt to take the market cycle out of the performance picture. Similarly, total return hocus-pocus places artificial significance on bond market values while it obscures the importance of the income produced. WCM users will have none of it; the investment gods are angry.

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