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Trader-X...views from a distorted mind.

Charts and more charts. Plus sporadic thoughts on the stock market, trading, politics, entertainment, sports, and everything else.

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On vacation until March

Feb 7, 2010 5:59am

Posted by Tom C.Happy trading!_______________...

BJS - 012610

Jan 26, 2010 12:53pm

Posted by Tom C.I am getting ready for vacation in February...I will be gone most of the month on 2 separate trips. I will try to finish this week off with a few posts, and then hopefully resume in March.I am posting the chart of BJS because it was a...

BK - 012010

Jan 21, 2010 4:26am

Posted by Tom C.I don't always use trendlines, but when I see something I consider obvious I will. To me, the trendline I drew on BK was obvious; looking at the bigger picture price gapped up and after a short rally pulled back to the RZ and bounced off that...

Back to work

Jan 20, 2010 4:07am

Posted by Tom C.It was a nice four day weekend, but now I am back at it. Here are the charts from last week's post - scroll down to read the details on entry and exit._______________...

A few trades

Jan 13, 2010 4:15am

Posted by Tom C.I wanted to post some charts this morning, but my software is down. JCI was a good "u-turn" setup yesterday. Looking at my trade log, I entered on a break of the 6th bar high. If you plot Fibonacci lines over the opening range of the morning,...

More trading blogs

Jan 12, 2010 3:55am

Posted by Tom C.I like to read Pradeep's blog, StockBee. Every morning, he has been posting "stocks likely to break out today". Yesterday SEED exploded at the end of the day (I had no position). Check it out - it is probably a good basis to start your morning watchlist.And...

Trading Blogs

Jan 10, 2010 5:14pm

Posted by Tom C.I am looking to clean up X's "Blogs I Read (Trading)". It looks like Anarco, Tyler, Attitude Trader, and 00NR7 haven't posted in a while - has anyone heard anything from them? I would hate to remove them if they are planning to start back up._______________...

Friday trades

Jan 8, 2010 11:42am

Posted by Tom C.I am kicking myself for missing a trade in WFT, but I had a nice one in CMI. Take a look at the chart and see if you can figure out where. I am done for the week - I will try to continue this crazy blogging...

LEN - 010710

Jan 8, 2010 8:11am

Posted by Tom C.Yesterday, LEN did a "u-turn" and rallied - almost - to the FE. What stopped it? A whole number, as I have pounded on for a few months now. It stalled out at $16, and I closed my position on a break of the 2:40 bar's low...

Blog workings

Jan 6, 2010 2:53pm

Posted by Tom C.The sign-up link to receive blog updates via email has changed from FeedBlitz to FeedBurner. If you already receive posts via email from FeedBlitz, you can switch to FeedBurner or leave things as they are (the FeedBlitz emails will still come, but future people who sign-up will...

CERN - 010510

Jan 5, 2010 2:17pm

Posted by Tom C.I am going to try and post a few daytrades every week, and a few longer-term trades every month. We'll see how long I keep it up! I am going to be on vacation most of February, so I hope to start strong in January and pick...

Happy New Year!

Jan 1, 2010 7:10am

Posted by Tom C.I am starting off 2010 on a positive note, by reading through submissions on "Five Rules For Life". If you have time to kill in the next few days, it is a site worth exploring. And not just because myself, Trader-X, Dr. Brett Steenbarger, and other traders...

2010 is coming...

Dec 28, 2009 7:13am

Posted by Tom C.It seems I get more requests for my longer term trades than my daytrades. To be sure, the majority of people come to the blog to see X's daytrading...but the people who email want to see some swing-trade examples!AAPL is a trade I initiated earlier this year,...

My monthly post?

Dec 5, 2009 8:05am

Posted by Tom C.I am still toying with the idea of blogging on a more consistent basis - but the cons outweigh the pros. I have until X's return in June to fill space on the blog - maybe 2010 will be more motivational than 2009 when it comes to...

How I improved my trading in 2009

Oct 1, 2009 12:50pm

Posted by Tom C.2009 has been a good year for me, but it has been made better by a small tweak I made a few months ago. Many of you may already do this, as it is not a "hidden secret". But I have never incorporated it into my trading...

Looking at the markets

Sep 1, 2009 3:41pm

Posted by Tom C.Just a quick post to remind you to keep an eye on the big picture. If you look at QQQ (weekly chart below), you will see that we are at the 50.0% retracement from the 2007 high to the 2008 low. Price is bouncing around this level...

State of the "X"

Jul 22, 2009 11:19am

This post has been a few weeks coming - sorry for the delay.I mentioned in June that I was doing some consulting work and part of my agreement is that I don't post charts and technical analysis on public forums until the end of the engagement. That consulting work has...

Is the year really half over?

Jul 14, 2009 9:44am

2009 is flying by. I have received a few emails asking if the Trader-X blog is dead. I hope not, but there are many things going on in my life and while I would love to have Tom C. post more often, it is not a priority for him. I...

Tom C. - present and accounted for...

Jul 8, 2009 5:33am

Posted by Tom C.No, I did not attend Michael Jackson's funeral. But I did enjoy a great vacation. I am back and will continue making a few posts a week. I have to leave early today, so most likely you will not see anything from me until late tonight or...

Trader-X update

Jul 7, 2009 12:52pm

Tom C. is M.I.A. after his vacation week. Actually, rumor has it he is in LA for Michael Jackson's funeral.A lot has happened over the past week - several celebrity deaths, Sarah Palin quits her job, fireworks. Madness.I hope to return next week. Maybe Tom C. will post a chart...

RunPee for the iPhone

Jul 2, 2009 4:29am

No charts this week, but where can you find REALLY useful stuff like this besides the Trader-X blog?RunPee solves the age-old problem of having a small bladder, drinking too much Coke, and sitting in a movie theater watching a really good movie. You need to know when there is a...

Happy 4th of July America

Jul 1, 2009 4:17am

Tom C. should be back next week, and I will return sometime in July.In the meantime, I ran across this video...hot women teaching technical analysis. This has to signal some kind of bottom. Or top. Or something._______________...

WR - 062509

Jun 27, 2009 5:17am

Posted by Tom C.I am fortunate that the first six months have been very profitable, so it allows me to take some time off. I took yesterday off, and because next week is a short trading week (due to the July 4th holiday), I will be taking a few extra...

Trader-X update

Jun 24, 2009 4:00pm

Many thanks to Tom C. for great posts, comments, and overall content! I plan to return sometimes in July, and I hope Tom C. sticks around as a regular contributor.I wanted to drop in and point everyone to "Five Rules For Life" - Jon made a new compilation post and...

A few short trades

Jun 23, 2009 2:35pm

Posted by Tom C.I rarely go into the trading day with a bias - and I don't recommend it - but I admit I was looking for shorts from the open and was more aggressive on the short side today. So both of these setups were riskier than my usual...