Swing Trade Layout

Still making progress on the Swing Layout, although there's still more work to be done. There are a few different charts in the layout, depending on how you want to trade, your risk tolerance, market conditions and timeframes.

 This particular layout has condition markers in red at the bottom, the conditions include:trading with the trend in the stock, trading with the trend in the sub-industry group, stochastics and RSI in a favorable place, a small pullback against the trend before entering and a few other things. So when there is a red marker and a red candle on the same day, those tend to be the highest probability areas to enter the trade.

 This is another indicator, when red the environment is more favorable for swing shorts, when light blue, more favorable for swing longs, there is still some work to be done here though to trade with the trend. The volatility stop indicator can also be used rather then the candlestick color.

Three's also an additional Trend Channel stop system I'm still putting together that allows you to get out sooner at a better price on extreme moves or oversold moves in the case of the short trades in the trends shown above.

Updates from Greece...

When I read these update from the rioting in Greece before parliament's vote tonight, I was reminded of the end of the movie, "Gang's of New York" when the telegraph reporter voice over said things like, "this building is burning", "there have been reports of looting", etc, it was in the final scenes if you recall the movie.

These updates have a similar tone...

• FTW: Public order minister resigns in Greece as fires burn - BBC
  
• Rioting spreads across central Athens, at least 5 buildings set ablaze - AP 
• 2:02PM EST: FIRES ARE BURNING SEVERAL SMALL BUSINESSES AROUND ATHENS AS PROTESTERS CLASH WITH POLICE NEAR GREEK PARLIAMENT
• 1:52 PM EST: POLICE ARE CLEARING PROTESTERS FROM OUT IN FRONT OF GREEK PARLIAMENT BUILDING
• 1:50 PM EST: ATMS ARE REPORTEDLY EMPTY AROUND ATHENS... STILL UNCONFIRMED WORKING TO CONFIRM THIS 
• 1:48 PM EST: LARGE FIRES ARE REPORTED AROUND ATHENS... INCLUDING A BRANCH OF EUROBANK AND STARBUCKS
• Skai TV reports that police have run out of tear gas & have asked for more supplies to be brought