Slope of Hope Blog Posts

Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.

How Do I Use Slope?

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On Friday afternoon, I received an email from a premium member which read, in part:

I’ve been a diamond member for a short while (less than a year). I’m trying to better understand the best way to use your services. I get the impression that it’s not necessarily a trade recommendation service since it can be difficult to see your entries/exits unless you state your stops. I think it’s a service to promote the learning and usage of charts to enhance trading but I’m not sure about that since there doesn’t seem to be much instruction (unless I missed it). So I thought I’d go straight to the source to get your elevator pitch on how I should be using it.

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Yes, Sir!

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I’ve joked and mocked the man from time to time, but I’ve refrained since I’m weary of getting pissed-off emails form Slopers who adore and worship him. I don’t have the time or the interest, so I just avoid the topic altogether. But, orders are orders, and since my company is indeed an American company, I need to get busy looking for alternatives to China. So if I seem distracted, please understand that I’m simply doing my job. The boss has spoken.

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Tits for Tats

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A few minutes ago, I woke up as I typically do, reaching blearily for my iPad at the side of the bed, interested to see what color the ES and NQ are. This morning was especially important, since I didn’t know precisely when the Powell speech details were going to be released.

Through my bleary eyes, for a millisecond I thought I was a green “60” (in other words, the ES up 60 points) and my heart skipped a bit, but the screen refreshed and it showed both the ES and NQ down double digits. Apparently whatever it was that made them spike down had happened just a few seconds before I turned on my iPad (good timing on my part), so I fired up Twitter to see what was going on.

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