Days of Stopping Out Question

[qaza]

firefight ?

damp squib more like it !

 

[SOCRATES]

Time 1557 look again. Sideways zig zag . Last price 86.5 See waht I mean. Range 81 to 91. Hands off,
another cup of tea......OOPS ! 88 87 88 85 86 87 86 !

 

[qaza]

OK Socrates ....................well done

What happens now ?

 

[SOCRATES]

Now support at 81 time 1607 intent inconclusive. No, it may go lower.

 

[cd173]

Hi BBB

I haven't the balls to hold stocks overnight, although my US swing trades are fairing reasonably well under test. Currently long on GENZ at 42.24 looking for a $1 target. Shorts haven't met entry criteria so far.

Forgive me for asking, but from your previous posts I thought you traded FTSE futures!

Had better results this afternoon with a 2min chart as it filtered out some of the bad signals

Cheers

 

[SOCRATES]

Yes, crack, 79 time 1609

 

[qaza]

wait for s&p to break or bounce

 

[SOCRATES]

Next price will be 75.

 

[qaza]

if sp breaks 94 we'll see 65

 

[SOCRATES]

75 hit ~flash ~ hit @ 10

 

[SOCRATES]

if sp breaks 94 we'll see 65

Yes possibly. Like it ?

 

[SOCRATES]

Next price will be 73. Just hit . time 17

 

[SOCRATES]

Short covering in progress. @76 75 77 76 76.5

 

[qaza]

75 hit ~flash ~ hit @ 10

what do u mean " @10"

 

[SOCRATES]

Iexpect to see next price at 72 time 1619

 

[qaza]

short cov I hope .............wud like to see it trade 81 again 4 a short

 

[SOCRATES]

Hit 72 yime 1628

 

[SOCRATES]

Ha ! Ha ! Ha !

 

[qaza]

we need more sellers

 

[BBB]

cd - interesting. If I go short today it will be cbrl - maybe ostk if it breaks the sideways move its been in the last few weeks. cbrl is close to my entry.