Search results

Wow, has another oil field been discovered or is it just a DT? :)

I don't know whether you noticed a whopping great wedge on the daily chart of INDU, we could gain quite a bit of lost ground with a BO move, considering that we didn't have a real retracement for how long? Also on the monthly chart there is a fair distance towards that bearish upper TL.

No more trading until either stopped or gains locked, whichever comes first. When this works out I will start looking for bearish conditions on daily, basically allow daily histo do its thing & just follow price.

TY! Markets will always go up & always go down, to have the daily chart's range expansion probability on your side means that eventually a day will come when price pulls away from yet another buy zone, so it doesn't matter if stopped 10 times or even 20 as in light of possible reward these...

Nice SS, very nice! Because it is natural to prove to others why we are right, we are to assume that the ones that say those things try to prove that they are right in believing that markets are random & unpredictable which means that they have tried & failed & stopped.

And we're off, hopefully price won't be revisiting today's lows for a while, ImPO daily bullish histo is now in play.

Long 10845 ET clock is off, why can't they sort it out?

Ahh, but can they consistently score 2 ES pts using a 1/4 point stop? Probably they can't, hence not successful :)

Trading aside, what do you make of the US economy as it stands? Just interested to hear your opinion, does it worry you to see S&P500 hit 800?

Second intraday support was broken, waiting for another support to show itself New reaction low 10812, will be looking for a Long near that zone

I see no value in Rowshan's offerings, neither do I care whether he trades or not, there is no benefit in knowing. Best to all!

Long 10898 Have a look at 30m histo

I don't wait for a channel BO :)

Today new reaction low is 10881, so will be looking to open next Long position close to that level There's quite a bit of primary data coming out shortly & Bernanke is on this morning, so entry might be rapid one & volatility is to be expected to increase

I see INDU daily's histo pointing to a bounce, we are overdue for a retracement ImPO.

Long 10950. 10 point stops will be used on this level. I will not be posting every time position gets stopped out, but will post EOD update. Anyhow, 10 point stops. If 10930 support fails, then I would be looking for another support to buy.

Depending on 1m' lead looking to buy current support area 10,930

I might be interested, what would be my risk in this?

You're willing to wager $1m not knowing ability of an opponent? What are the conditions for a contestant, same?

Daily histo on INDU is pretty much at centreline rising from below with current support zone 10,970, tomorow I will be looking for a buy off 15m chart's intraday support. ImPO INDU is ripe for a shot of at least 800 point retracement towards 38.2% fibs. Today's news may be welcomed by markets...