Virginia's Volatility Charts

Virginia Morris

Dec. 14- Today I am going to highlight important trading charts for LABU and LABD. This can all be found alphabetically using Chartbook View. Notice how all of the day trading charts for LABU indicate the buy signal yesterday. Now think about when that trade is done-the switch from the bull to the bear. If only buying 1000 shares of LABD at at time using the night charts (TRADE CHARTS), one could potentially see a 50 cent or more move. Well, that's $500 profit potentially. How many of you could use that $500? How many times do these move in a given month?

Some of you have asked which charts do I use to trade certain ETFs. Well, it all depends on the ETFs. Not all charts work for all ETFs, so I have to switch the chart types and settings for the indicators. Charts for LABU/LABD are the Daily 25 Day Renko, the 2 hour area, and the 10 min. 15 day Heiken-Ashi night charts. Remember what I said about the Renko charts a few days ago? The buy signal will show, but if the price goes back down, then so does the Renko. Thats why you need to do a double check with the other charts, like for UGAZ and DGAZ. Hope this helps.

My Father--Edward Hunt, Golden Trees of the Forest...Not only did he figure out the algorithm (pattern), he applied that pattern to his knowledge of making charts that are meant for trading. It is amazing and quite rewarding to me that now I am making more money trading natty than any other sector.

! ! ! ! ! ! $ $ $ $ $ $ UGAZ - Daily 1 Month Renko


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