Dow 2007

[black bear]

Fade and see set up

why don't it ever bounce down 100 pts in 5mins when it's at highs....

Does sometimes its called a fade and see set up

 

[Dinos]

Painfully slow this

 

[Dinos]

Closed NAS (+4)

 

[black bear]

Painfully slow this

Any minute now FW going to post Dow Long , caught the whole move for sure

if it goes pair next week he will have timberlands to munch on

 

[2468steve]

Does sometimes its called a fade and see set up

more like called "don't go short or get your butt handed on a plate"....

 

[Dinos]

Long NAs 100 @ 2159

 

[Atilla]

Long NAs 100 @ 2159

Short @ 13602.

 

[black bear]

good alternative

more like called "don't go short or get your butt handed on a plate"....

Hi Steve

Sounds about right , I will concede that is a better description of the set up

Fw awfully quiet , must be considering holding so he can report a real big one

noticed split with market watch 28-2 trading down, is that right :?: must be buying one BIG one or Two :?: or must be a pants site

 

[Dinos]

fw went earlier

 

[Dinos]

Hi Mike, no disrespect, can't see why you went short @13602, nothing on my charts to say short

Hope your okay by the way

 

[Dinos]

My NAs100 now up (+20), charts says more to come

 

[Hook Shot]

Bounce begins..........

We have had ~ 800 pt slide into monday and the bounce has failed to get to fib 38 (just above 700).... not good. Keeping the multiday downtrend intact...

So........ I'm expecting a bounce into Fomc but the chart looks horrid.....

Back to waiting on the sidelines

The cavalry arrived.....
But now we have to battle that 700-710 and 1528 on ES... been a nice ride so far though

 

[Dinos]

Closed NAS 2175 (+16)

 

[Atilla]

The cavalry arrived.....
But now we have to battle that 700-710 and 1528 on ES... been a nice ride so far though

We have had a 61% retrace to 13670 regions. Either it will break out to the upside or tank back down. I feel it has some way to fall. I'm still in.

It certainly is a roller coaster ride.

I been bad and added to my losing position by going short again @ 13651.

Hanging on for some more pain and joy...

Closed one half @ 13634. for +17 still losing -30 on first trade.

 

[black bear]

Charts

Hour just gone RED @ 20:46

Charts gone, gone to watch film

 

[Hook Shot]

Atilla ...Atilla.........

We have had a 61% retrace to 13670 regions. Either it will break out to the upside or tank back down. I feel it has some way to fall. I'm still in.

It certainly is a roller coaster ride.

I been bad and added to my losing position by going short again @ 13651.

Hanging on for some more pain and joy...

Closed one half @ 13634. for +17 still losing -30 on first trade.

After the excellent run you've had ....I'm surprised you took that trade ....mid to high 600's at lunch was where I'd thought you'd be getting involved.... (I fluffed it playing about with something else ) but caught some naz pips...

Hope you escape though.... I like to hear other traders talking about how well they're playing

 

[Atilla]

Charts

Hour just gone RED @ 20:46

Second attempt to break through 13670. Beginning to lose my nerve hear.

 

[black bear]

Another Day, another ....

Second attempt to break through 13670. Beginning to lose my nerve hear.

My nerves would"nt take it I can tell you

The Mrs is in charge of the draw down department and she"s a mean auditor I can tell you

Improves your trading , helps focus the mind on Low Risk set ups if you no what I mean

If Mrs caught me with an open PL larger than her weeks wages Id be out the window with the PC following me Id close that tab faster than me laddy on a porn site

Hope your ok

Better Luck tomorrow

 

[Atilla]

After the excellent run you've had ....I'm surprised you took that trade ....mid to high 600's at lunch was where I'd thought you'd be getting involved.... (I fluffed it playing about with something else ) but caught some naz pips...

Hope you escape though.... I like to hear other traders talking about how well they're playing

Hi HS,

I'm watching 15m & 5m charts and I can see double tops forming. Reckon it will drop still perhaps foolishly so.

On the hourlies charts looks like a bounce. Market is now closed but will watch a while. Really watching Ghost Rider but keeping right eye on charts and price action.

 

[Atilla]

My nerves would"nt take it I can tell you

The Mrs is in charge of the draw down department and she"s a mean auditor I can tell you

Improves your trading , helps focus the mind on Low Risk set ups if you no what I mean

If Mrs caught me with an open PL larger than her weeks wages Id be out the window with the PC following me Id close that tab faster than me laddy on a porn site

Hope your ok

Better Luck tomorrow

I'm alright thanks D. In fact I'm up +64 on the day inlcuding my loss so far so not too worried.

I think it will ease off before the next surge.