Search results

Missed that bounce out of a retouch of the low. Really flew out of there didn't it? Having internet issues again. Booooo. ADD Guess my internet's okay now. Now that I missed that bounce. Oh, well. :) Onward and upward.

I like the idea of not overtrading. But again, it's not just a matter of holding things longer. You need to be on the right side of a longer trade to begin with. If you hold a losing position longer that obviously doesn't work. Or if you're just guessing market direction, and hoping it goes your...

March 10, 2011, 8:30 a.m. EST U.S. trade gap widens sharply in Jan. WASHINGTON (MarketWatch) -- The U.S. trade deficit widened by 15.1% in January to $46.3 billion, the Commerce Department said Thursday. The deficit is the largest since June 2010 and came despite a record level of exports...

March 10, 2011, 8:30 a.m. EST U.S. applications for jobless benefits jump 26,000 WASHINGTON (MarketWatch) - New applications for state jobless benefits jumped by 26,000 last week to a seasonally adjusted 397,000, the Labor Department reported Thursday. Economists polled by MarketWatch had...

Good Morning Just wanted to add a quick clarification to my remarks yesterday. I'm not saying there's anything wrong with swing trading this instrument or anything else for that matter. I did say, and do feel, that it has been harder to accurately pick the right direction for a swing trade...

This must be it. http://money.cnn.com/2008/10/13/markets/markets_newyork/?postversion=2008101315

I wasn't trading much in 2008. Wow, 60 points, that's quite a pop. :)

These are 2 really great posts IV, coming from someone that knows what they're talking about. Thanks for helping to clarify my point. When I used "biases" I did mean that in the narrower sense of trading off of the underlying fundamentals. I wasn't using it in the sense of looking at...

Just wanted to repost this as I think it's important. BBIB Lunch time.

I've mentioned this before, and sometimes it seems to be there. But then they both do their own thing apart from one another. I learned this a while ago as I was trying to trade CL that way and it didn't work. When I trade TF it does it's own thing too but not totally disconnected from the other...

You're welcome. Missed too many of these myself, although I did catch some. Imagining NoDoji did quite well today as it did trade strongly off of the pivots and other s/r levels. ADD One other thing I think is that "biases" can get you in trouble. I think it's okay to pay attention to various...

I went to UC Santa Barbara. Did you too? You know someone else on the board here PM'd me earlier and it turns out he lived here in SB too but just moved last weekend. Missed each other. :)

Out b/e. Some guy on CNBC is pumping crude now. Sheesh! Why does that always happen when you take a position? :D

Several long-legged and neutral dojis for NQ in the last 3 hours. Market's going no where in a hurry. ADD Looks like CL is heading down to test S1 again. Maybe it breaks down this trip. ADD 2 Trying 103.95 short with a 103.33 target and a tight stop.

Glad you made some money at least. Just think how happy your broker is though. :) Maybe your stops are too close = getting stopped out too much. Or maybe your entries were at the top or bottom, as the case may be, of the previous bars.

Good move. Just stalled there. ADD Of course now it will go to 105. :D ADD2 The 104.21 quadruple bottom from earlier in the day has acted more as resistance now the last half hour of so.

Bertha Coombs on CNBC from NYMEX is saying the reason we see the over $10 price differential between Brent and CL is what we already knew, Brent is more influenced by the bombings, etc. in Libya, while CL is being more influenced by the supply increase in Oklahoma. She's saying traders will not...

I knew about these options, none of which seems to work well. That's why they're not doing much. Tough situation. Lucky we're just trading CL and not one of the poor Libyan citizens.

I'm curious about this too. I was just looking into it. I'll check more later.

Good trades. You've done well today.