Posts Tagged blog progress

A perfect symmetical Head and Shoulders pattern on the S&P?

A perfect symmetical Head and Shoulders pattern on the S&P?

Today, I saw the perfect Head and Shoulders pattern on the S&P and got very excited. Look at the diagram, the 3 red dots signify the shoulders and head. I have read about this pattern in technical analysis books and in most cases, they signify a reversal pattern. I was looking at the chart moving up to at least 1388!! Anyway, I went long at the second shoulder.. the market moved 2 points up my direction.. it was looking good and then tanked, breaching the limits of the second shoulde

May 28, 2008 No Comments Full Story

My Life Update – trading, blogging, money etc

I've been so busy with things that I've not had a real chance to reflect on the happenings around me. Anyway, circumstances have unfolded which have allowed me to take some time out and reflect and look back on what I have achieved (or not achieved) and done. As you know, I started this blog just shy of a year now... boy has it flown. In fact, I've just gone to the first entry in my blog and it was the 17th July when I said hello to the world. Initially the blog was to write about the money m

May 4, 2008 1 Comment Full Story