Recent content by mbusch

Oooh, this is about to get interesting! :D [Always lurking.]

You lowered your stop by TWO TICKS? This is the same guy who uses 20- and 30-handle stops? I can't remember ever seeing you fine-tune shopts to that level before. I was also short from 1359 but just took profits at 1354 (and now regret doing so). :)

I'm a little confused, B1S2. I thought when you entered this trade yesterday morning, you said it was a "daytrade." Doesn't that mean you were going to close it out MOC? If not, perhaps you would define your terms.

If a lower low and lower high doesn't indicate the trend has changed to down, what does?

Do you consider the daily trend always to be either up or down, or is there a third alternative ("flat" or "in transition" or somesuch)? Do you consider the daily trend to be up until you see a lower low and lower high on the dialy chart?

Vol, you looking for an r10 long at 11.50 (from 21.50)? EDIT: QUOTE]Quote from gwac: 1411.5 anyone Hehehe.

Mea culpa. I raised it to 95.25 shortly after my original post, and forgot to post the change. Sorry.

Second 1/2 stopped out at breakeven. :mad: I hate giving back profits.

Covered 1/2 at 1388.25 for +3.75, moving stop to breakeven on remaining half.

Short ES from 1392, triple divergence on MACD on 1/2/3-minute charts. Stop 1394.25.

Dem damn boyz showed up right at the rule-of-10 point. I shoulda knowed. I shoulda tooken my profits and ran. I shoulda but I din't. Stoopid me.:) Those boyz have now retraced 78.6% of the move. What would Apex do?

So far, so good.:) Stop moved to breakeven.

Yo Apex!!!! Short from 1399.75 on rare quadruple MACD divergence on 2 and 3 minute charts. I was originally holding out for 1402 (38.2% fib retracement), but with this divergence (plus RSI divergence) I'm concerned it might not get there, so I'm sticking my toe in the water here...

Since I have to go out now, and I'm not liking this action one bit, I've closed my short position from early this morning at a small loss. Too bad, I had great hopes for a waterfall today; it'll probably happen now that I'm out of the trade. :eek:

I think a rule-of-10 thing happened here. Hopefully the T-day crew is done for the day, so we can head for the basement.