Comments on: Hewison Gives Timely SP500 Update in New Video http://blog.afraidtotrade.com/hewison-gives-timely-sp500-update-in-new-video/ Helping traders overcome fears and emotions in trading Thu, 09 Feb 2012 14:53:15 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Head and Shoulders and Divergences on Daily SP500 | Penny Stock Trading System Blog http://blog.afraidtotrade.com/hewison-gives-timely-sp500-update-in-new-video/comment-page-1/#comment-209766 Head and Shoulders and Divergences on Daily SP500 | Penny Stock Trading System Blog Fri, 03 Jul 2009 18:26:45 +0000 http://blog.afraidtotrade.com/?p=4232#comment-209766 [...] a caveat, there’s no guarantee price has to break these levels, and one astute reader (Michael) even noted in the comments of the prior post, because the Head and Shoulders pattern is so obvious, it might be ‘faded’ or fail to [...] [...] a caveat, there’s no guarantee price has to break these levels, and one astute reader (Michael) even noted in the comments of the prior post, because the Head and Shoulders pattern is so obvious, it might be ‘faded’ or fail to [...]

]]> By: Micheal http://blog.afraidtotrade.com/hewison-gives-timely-sp500-update-in-new-video/comment-page-1/#comment-213095 Micheal Fri, 03 Jul 2009 01:22:17 +0000 http://blog.afraidtotrade.com/?p=4232#comment-213095 I see Adam has turned off the S&P 500 scenario for now, lol. It's a good analysis, my only problem is the more widely watched something is the more nervous I am about moving into it, and this H&S is all over the blogosphere, CNBC, etc. When the proverbial "everyone" is watching something the more nervous I become about it LOL! <br><br>Not that "everyone" can't be right, but it seems that in my case these types of situations are usually likely to result in false breaks. Or shenanigans if you're a conspiracy theorist. ;)<br><br>The most recent example was the UNG trade that has been discussed here. I thought it looked great until I noticed that it had almost immediately become a top 5 most popular post here. Call me crazy but as soon as I saw that I got a little nervous! It did break out as expected but has since turned south and really, I'm not that surprised to see it breaking down to retest its lows and giving a weekly triangle sell. I took myself out of it for a small loss the other day as I didn't like the way it looked - it may yet blast higher but I have to respect my stops. <br><br>Not trying to scare anyone out of playing this S&P pattern, just for me I think I'm better off sitting it out. I don't know if it's me, or the way the market has been the past year, but I can't make a dime swing trading. I had given up on it but took the chance on UNG because it looked good and what can I say but lesson learned! I'm sticking with day trading! ;) I see Adam has turned off the S&P 500 scenario for now, lol. It's a good analysis, my only problem is the more widely watched something is the more nervous I am about moving into it, and this H&S is all over the blogosphere, CNBC, etc. When the proverbial “everyone” is watching something the more nervous I become about it LOL!

Not that “everyone” can't be right, but it seems that in my case these types of situations are usually likely to result in false breaks. Or shenanigans if you're a conspiracy theorist. ;)

The most recent example was the UNG trade that has been discussed here. I thought it looked great until I noticed that it had almost immediately become a top 5 most popular post here. Call me crazy but as soon as I saw that I got a little nervous! It did break out as expected but has since turned south and really, I'm not that surprised to see it breaking down to retest its lows and giving a weekly triangle sell. I took myself out of it for a small loss the other day as I didn't like the way it looked – it may yet blast higher but I have to respect my stops.

Not trying to scare anyone out of playing this S&P pattern, just for me I think I'm better off sitting it out. I don't know if it's me, or the way the market has been the past year, but I can't make a dime swing trading. I had given up on it but took the chance on UNG because it looked good and what can I say but lesson learned! I'm sticking with day trading! ;)

]]> By: Head and Shoulders and Divergences on Daily SP500 | Afraid to Trade.com Blog http://blog.afraidtotrade.com/hewison-gives-timely-sp500-update-in-new-video/comment-page-1/#comment-209761 Head and Shoulders and Divergences on Daily SP500 | Afraid to Trade.com Blog Thu, 02 Jul 2009 23:54:50 +0000 http://blog.afraidtotrade.com/?p=4232#comment-209761 [...] a caveat, there’s no guarantee price has to break these levels, and one astute reader (Michael) even noted in the comments of the prior post, because the Head and Shoulders pattern is so obvious, it might be ‘faded’ or fail to [...] [...] a caveat, there’s no guarantee price has to break these levels, and one astute reader (Michael) even noted in the comments of the prior post, because the Head and Shoulders pattern is so obvious, it might be ‘faded’ or fail to [...]

]]> By: Micheal http://blog.afraidtotrade.com/hewison-gives-timely-sp500-update-in-new-video/comment-page-1/#comment-209758 Micheal Thu, 02 Jul 2009 20:22:17 +0000 http://blog.afraidtotrade.com/?p=4232#comment-209758 I see Adam has turned off the S&P 500 scenario for now, lol. It's a good analysis, my only problem is the more widely watched something is the more nervous I am about moving into it, and this H&S is all over the blogosphere, CNBC, etc. When the proverbial "everyone" is watching something the more nervous I become about it LOL! <br><br>Not that "everyone" can't be right, but it seems that in my case these types of situations are usually likely to result in false breaks. Or shenanigans if you're a conspiracy theorist. ;)<br><br>The most recent example was the UNG trade that has been discussed here. I thought it looked great until I noticed that it had almost immediately become a top 5 most popular post here. Call me crazy but as soon as I saw that I got a little nervous! It did break out as expected but has since turned south and really, I'm not that surprised to see it breaking down to retest its lows and giving a weekly triangle sell. I took myself out of it for a small loss the other day as I didn't like the way it looked - it may yet blast higher but I have to respect my stops. <br><br>Not trying to scare anyone out of playing this S&P pattern, just for me I think I'm better off sitting it out. I don't know if it's me, or the way the market has been the past year, but I can't make a dime swing trading. I had given up on it but took the chance on UNG because it looked good and what can I say but lesson learned! I'm sticking with day trading! ;) I see Adam has turned off the S&P 500 scenario for now, lol. It's a good analysis, my only problem is the more widely watched something is the more nervous I am about moving into it, and this H&S is all over the blogosphere, CNBC, etc. When the proverbial “everyone” is watching something the more nervous I become about it LOL!

Not that “everyone” can't be right, but it seems that in my case these types of situations are usually likely to result in false breaks. Or shenanigans if you're a conspiracy theorist. ;)

The most recent example was the UNG trade that has been discussed here. I thought it looked great until I noticed that it had almost immediately become a top 5 most popular post here. Call me crazy but as soon as I saw that I got a little nervous! It did break out as expected but has since turned south and really, I'm not that surprised to see it breaking down to retest its lows and giving a weekly triangle sell. I took myself out of it for a small loss the other day as I didn't like the way it looked – it may yet blast higher but I have to respect my stops.

Not trying to scare anyone out of playing this S&P pattern, just for me I think I'm better off sitting it out. I don't know if it's me, or the way the market has been the past year, but I can't make a dime swing trading. I had given up on it but took the chance on UNG because it looked good and what can I say but lesson learned! I'm sticking with day trading! ;)

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