ShepWave
ShepWave.Realized profits today Plus this afternoon's entry closed in black. $1.71 QQQQ profits in just a few days. ONE more pop for Indexes.
by ShepWave.com
Posted: 1/23/2007 16:12 EST
Over the past week I have showed some basic methods to use to enter in to LONG SIDE or SHORT SIDE trades. These methods can be used trading anything; from QQQQ to Stocks to Options to Commodities to Indexes.. etc.
We realized a profit of $1.30 and $.09 today.. then opened a new position this afternoon which closed the day with an unrealized profit of $.32.
ShepWave is NOT an intraday service. Trust me.. if I was going to do intraday analysis everyday our rates would be $1,000/month minimum. The purpose of ShepWave is to teach trading methods and how to use them to either FLIP positions or continue the trades. Trading styles differ from person to person.
That is why in the regular scheduled updates I try to show different time frames and how they work together so the subscriber can get an idea of how "HE" wants to trade. I also show trades in the Shep's Trading Log. This trading log is NOT intended to be a 'black box' service.
Please go over the techniques taught over the past week. I will publish an update by market open Wednesday, January 23,2007. I will show some potential Elliott Wave Theory counts and what we are looking for to confirm the different counts.
I will continue to do explanative updates showing technical 'set ups' but will NOT be doing them every day. However, I will try to do MORE of the intraday explanative updates more often.
Thanks for joining me for the fun ride over the past week.
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Reference: Shepwave.com is a technical analysis site for the Major U.S. stock indexes. We use Elliott Wave theory along with our proprietary indicators to give analysis for the Dow Industrials, Nadaq 100 and S&P 500 indexes. We specialize in trading the QQQ and DIA.
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