webinar course - intermidate – lesson 1 - how to read a graph (colby)
TRANSCRIPT
Todays Objectives:
Intermediate Course Lesson 1Objectives :How to Read a Graph went over cherry picking last courseWhen you signal make a tradeSeparate Columns showing graphing signals.
Why GraphingCharting takes your stock picking from middle class to world class.Learn signalsMake smarter decisionsUse as Stop CriteriaAn Instant Backtest
Different SignalsBullish signals / Bearish SignalsTrend Lines connecting lows, highsSupport and ResistanceLower Lows, Lower HighsHigher Lows, Higher HighsDouble BottomDouble Top
Bullish SignalsTrend Linelet the trend be your friendBouncing off Support Breaking above ResistancePivot PointsLower highsHigh LowsDouble Bottom (BAC june 2012)
Trend LinesUp TrendConnecting high pointsDown TrendConnecting high points
Trend LinesUp TrendBUDAnheuser-Busch5/31/2011 6/19/2013Up TrendBACBank of America5/10/2012 6/19/2013
Trend LinesDown TrendANRAlpha Naturl10/12/2012 6/19/2013Down TrendWLTWalter Energy8/12/2011 6/19/2013
How to Draw a Trend LineConnect Low Point for Bullish lineConnect High Points for Bearish line
AAPL Nov 2008 Nov 2011
AAPL Nov 2008 Nov 2011
AAPL Nov 2008 Nov 2011
AAPL Nov 2008 Nov 2011LowLowLowLowLow
AAPL Nov 2008 Nov 2011LowLowLowLowLow
Up over 400%
AAPL Nov 2008 Nov 2011
Drawdown 10%
How to Use Trend LinesUse Trend Lines for Trading GuidesBullish Trend LineLook for a Bearish signal
Bearish Trend LineLook for Bullish Signal
Bullish Trend LineLook for a bearish signal
NFLXNov 2009 May 2012
Low
Low
NFLXNov 2009 May 2012
NFLXNov 2009 May 2012
Low
Low
Bullish Trend Line
NFLXNov 2009 May 2012
NFLXNov 2009 May 2012
Bearish Signal
NFLXNov 2009 May 2012
*Breakout*
Signals
BullishBearish
Signals
BullishBearishBreaking BELOW the Trend Line
Bearish Trend LineLook for a bullish signal
IBMMarch 2012 Sept. 2012
IBMMarch 2012 Sept. 2012
IBMMarch 2012 Sept. 2012Bearish Trend Line
IBMMarch 2012 Sept. 2012
IBMMarch 2012 Sept. 2012
Highs
IBMMarch 2012 Sept. 2012
Bullish Signal
IBMMarch 2012 Sept. 2012
*Breakout*
Signals
BullishBearishBreaking BELOW the Trend Line
Signals
BullishBearishBreaking BELOW the Trend LineBreaking ABOVE the Trend Line
Recent Example
FGPSept 2010 June 2013
FGPSept 2010 June 2013
FGPSept 2010 June 2013
FGPSept 2010 June 2013
FGPSept 2010 June 2013*Breakout*
FGPSept 2010 June 2013Up 21%
FGPSept 2010 June 2013
FGPSept 2010 June 2013
FGPSept 2010 June 2013
Up 20%
FGPSept 2010 June 2013
FGPSept 2010 June 2013
FGPSept 2010 June 2013
Up 17%In 30 days
Test on Trend LinesGo online for Test on trend lines
Trend LinesSupport and ResistanceHighs and LowsDoubles
Support and Resistance DefinitionColby terms: ranges of a stocks patterns
Stocks trade in channels and patterns.Like the tide of the ocean
QuestionHow much money would you have made on AMZN or XOM from 1/17/13 6/19/13?
Jan 17th 2013 - ________
Jan 17th 2013 - ________
Jan 17th 2013 - ________
Up 3.5%
FlatWhy would you ever buy a stock?
Up 1%
WHY?
Support and Resistance
Support and ResistanceFLOOR
Support and Resistance
CEILING
Support and Resistance
CEILINGFLOOR
Support and ResistanceCEILINGFLOOR
Support and ResistanceCEILINGFLOOR
Support and ResistanceCEILINGFLOOR
CEILING
Support and ResistanceCEILINGFLOOR
CEILING
Support and ResistanceCEILINGFLOOR
CEILING
FLOOR
Support and ResistanceCEILINGFLOOR
CEILING
FLOOR
Support and ResistanceCEILINGFLOOR
CEILING
FLOOR
Support and ResistanceCEILINGFLOORCEILINGFLOOR
Support and ResistanceCEILINGCEILINGFLOORCEILINGFLOOR
Support and ResistanceCEILINGCEILINGFLOORCEILINGFLOOR
FLOOR
Support and ResistanceCEILINGCEILINGFLOORFLOORCEILINGFLOOR
PNRAJune 2012 June 2013
PNRAJune 2012 June 2013
PNRAJune 2012 June 2013
PNRAJune 2012 June 2013
PNRAJune 2012 June 2013
PNRAJune 2012 June 2013
PNRAJune 2012 June 2013
PNRAJune 2012 June 2013
PNRAJune 2012 June 2013
PNRAJune 2012 June 2013
PNRAJune 2012 June 2013
PNRAJune 2012 June 20, 2013
BullishBearish
PNRAJune 2012 June 20, 2013
BullishBullishBearish
Signals
BullishBearishBreaking BELOW the Trend Line
Breaking ABOVE the Trend LineBreak ABOVE Resistance
PNRAJune 2012 June 20, 2013
BullishBullishBearish
PNRAJune 2012 June 20, 2013
Bullish
PNRAJune 2012 June 20, 2013
Bullish
PNRAJune 2012 June 20, 2013
BullishBullish
Signals
BullishBearishBreaking BELOW the Trend Line
Breaking ABOVE the Trend LineBreak ABOVE Resistance
PNRAJune 2012 June 20, 2013
PNRAJune 2012 June 20, 2013
PNRAJune 2012 June 20, 2013
Bearish
Signals
BullishBearishBreaking BELOW the Trend LineBreak BELOW Support
Breaking ABOVE the Trend LineBreak ABOVE Resistance
Trend LinesSupport and ResistanceHighs and LowsDoubles
Price Highs and Price LowsStock Prices move like the tide of the ocean.High tide doesnt just happen, and most stock prices do not drastically rise or fall over night.
IBM
IBM
IBM
IBM
IBM
IBM
IBM
Low Point
IBM
High Point
IBM
High Point
IBM
High PointHigh Point
Higher High
Signals
BullishBearishBreaking BELOW the Trend LineBreak BELOW Support
Breaking ABOVE the Trend LineBreak ABOVE ResistanceHigher High
IBM
IBM
Low PointLow Point
HigherLow
Signals
BullishBearishBreaking BELOW the Trend LineBreak BELOW Support
Breaking ABOVE the Trend LineBreak ABOVE ResistanceHigher HighLower High
IBM
IBM
IBM
IBM
IBM
IBMApril 2012 June 14, 2013
IBMApril 2012 June 14, 2013
High PointHigh Point
IBMApril 2012 June 14, 2013
High PointHigh Point
LowerHigh
Signals
BullishBearishBreaking BELOW the Trend LineBreak BELOW SupportLower High
Breaking ABOVE the Trend LineBreak ABOVE ResistanceHigher HighHigher Low
EBAYJuly 2012 May 21, 2013
EBAYJuly 2012 May 21, 2013
EBAYJuly 2012 May 21, 2013
Down8%In 10 days
XOMJuly 2012 June 21, 2013
XOMJuly 2012 June 21, 2013
XOMJuly 2012 June 21, 2013
Possible downtrend
ANRJuly 2012 Jan 2013
ANRJuly 2012 Feb. 20, 2013
ANRJuly 2012 Feb. 20, 2013
ANRJuly 2012 Feb. 20, 2013
Low Point
Low Point
ANRJuly 2012 Feb. 20, 2013
Low PointLow Point
Lower Low
Signals
BullishBearishBreaking BELOW the Trend LineBreak BELOW SupportLower HighLower Low
Breaking ABOVE the Trend LineBreak ABOVE ResistanceHigher HighHigher Low
ANRJuly 2012 Feb. 20, 2013
ANRJuly 2012 Feb. 20, 2013
Lower Highs
ANRJuly 2012 Feb. 20, 2013
Higher Lows
ANRJuly 2012 Feb. 20, 2013
Lower HighsHigher Lows
ANRJuly 2012 Feb. 20, 2013
ANRJuly 2012 June 2013
Down 40% In 4 months
Signals
BullishBearishBreaking BELOW the Trend LineBreak BELOW SupportLower HighLower Low
Breaking ABOVE the Trend LineBreak ABOVE ResistanceHigher HighHigher Low
Write This DownWhen you see a bullish signal, make a bullish trade
When you see a bearish signal, make a bearish trade
Write This DownWhen you see a bullish signal, make a bullish trade
Write This Down
When you see a bearish signal, make a bearish trade
Stock Direction
BullishBearishBuy StockBuy CallSell PutNeutral
Sell CallSell PutShort StockSell CallBuy Put
Signals
BullishBearishBreaking BELOW the Trend LineBreak BELOW SupportLower HighLower Low
Breaking ABOVE the Trend LineBreak ABOVE ResistanceHigher HighHigher Low
Stock Direction
BullishBearishBuy StockBuy CallSell PutNeutral
Sell CallSell PutShort StockSell CallBuy Put
Graph SignalsBreaking ABOVE the Trend LineBreak ABOVE ResistanceHigher HighHigher LowBreaking BELOW the Trend LineBreak BELOW SupportLower HighLower Low
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