Desperately want to short JNJ - futures io
futures io futures trading

Desperately want to short JNJ

Discussion in Stocks and ETFs

    1. trending_up 3,165 views
    2. thumb_up 0 thanks given
    3. group 2 followers
    1. forum 2 posts
    2. attach_file 2 attachments

Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

Search this Thread

Desperately want to short JNJ

(login for full post details)
  #1 (permalink)
Central, Illinois
Experience: Beginner
Platform: NinjaTrader
Posts: 24 since Apr 2010
Thanks: 2 given, 21 received

I have a personal dislike for the company (long story), but don't want to lose money over it--not even "play money" which is all I'm risking now. Really just starting out with charting, especially drawing support/resistance lines. Attached is today's chart--it's a mess, I know. Price is approaching what I consider strong support.

I'd really appreciate everyone's comments and analysis of what the chart is saying, as well as commenting on my attempt to explain what may happen next with the price (I think it's going to break resistance and the H&S neckline at the same time).


Attached Thumbnails
Click image for larger version

Name:	jnj.jpg
Views:	103
Size:	195.1 KB
ID:	26839  
Started this thread Reply With Quote

Can you help answer these questions
from other members on futures io?
Webinar: Finding your own way in trading w/Adam Grimes
The Elite Circle
Indicators for pair trading MES and M2K
Platforms and Indicators
Reading A set of Trading Signals
EasyLanguage Programming
If ES tracks SPX, why do support/resistance, Level 2, vo …
Emini and Emicro Index
What blockvolume is visible? - order processing
Best Threads (Most Thanked)
in the last 7 days on futures io
Selling Options on Futures?
107 thanks
Battlestations: Show us your trading desks!
98 thanks
Rank your Futures vs Stocks trading priority
54 thanks
Want your NinjaTrader indicator created, free?
27 thanks
Whats this confusion with margins?
23 thanks
(login for full post details)
  #3 (permalink)
the coin hunter
Experience: Intermediate
Platform: ninja
Trading: NQ
cory's Avatar
Posts: 6,030 since Jun 2009
Thanks: 845 given, 7,894 received

trading based on your emotion is a guarantee for a failure, stay away never look at it as long as you live. having said that if it break 61.11 it will go for 59.

Attached Thumbnails
Click image for larger version

Name:	JNJ (Daily)  7_29_2010 - 12_10_2010.jpg
Views:	81
Size:	67.0 KB
ID:	26840  
Reply With Quote

futures io Trading Community Traders Hideout Stocks and ETFs > Desperately want to short JNJ

Last Updated on December 12, 2010

Upcoming Webinars and Events

NinjaTrader Indicator Challenge!


Battlestations! Show us your trading desk - $1,500 in prizes!


Importance of Finding Your Own Way w/Adam Grimes

Elite only

Journal Challenge w/Jigsaw


Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432,
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts