Search results

http://www.youtube.com/watch?v=C8IQc41Bt6g&feature=related indicates one side being trapped by the sign and being ripped.

I guess it depends on your definition. On my short term chart there was a top around 1004.50 - 1004.75 and bottom at around 1002. Now this could be just a small short term range. At price around 1003.75 - 1004, I got a signal to go short. Price did start trending down to the bottom of the...

Bad news for shorts is I just saw the sign of the southern cross indicating possible reversal of previous short term trend.

Looks like some support from 1001 to 1002. Price will either bounce off support or break it to fall more.

For those still holing short, I do see strong red sell volume right now.

I scalped the market short for a point at 1003.75 with stop above recent resistance. Still having psychological issues with my trading and I did want to hold it for longer. Once I am more confident, I will trade more contracts and leave some as runners.

I guess you could do that in reverse also, buy 200 shares of a stock and then buy 1 to 2 months out slightly out of the money puts. Heres a strategy I did recently, bought RMBS from $ 10 - $ 15/sh. Wrote some calls on the shares for example 1 call which looks like it will be called was the...

I was stupid today, had 2 winning trades that would have worked out if I left them alone. One mistake was that I brought up my stop loss which then got hit also on that same trade I had a limit order to get filled which was lower than the market price, but bought at market since I thought...

So true. I saw on es a price I wanted to go long at, but was not getting a 2nd confirmation. By the time I got the confirmation to go long, price had already shot up. Looking back, there was a very good long setup early in the morning, that if I was awake, I would have taken and made some...

I did not see any of the es charts match up to actual trading today. How often are they correct? I could see some value if it looks like morning chart is correct, then use that with confirmations of your own system for afternoon trading.

How about markets need to break previous lows for continued selling and previous highs for continued buying or else you will get a reversal of previous trend. Of course this is general information so you would use your own systems to tell you exactly when to get in or out.

Markets been range bound this afternoon between 979 and 982. You can make money either short or long depending on bias by shorting around 982 and/or going long around 979.50. People being burned right now are trying to buy the breakouts of either range.

Market needs to break 977 to the down side to induce some panic selling otherwise you get more buyers trying to get long before the rally.

Don't you think it could be more simple, people who have been out of this rally see big down day and want to go long. All of my trades have been on the long side today.

small profit today. Took a long trade early in the day, a little too soon without enough confirmations. As I saw it breaking minor support, I killed the trade before it hit my stop. I then took 2 more real money long trades both winners but took profit quickly since both times did not get in...

I got out 981.50 instead of waiting for 982.

Possible reverse H & S, long 980, target 982 stop 978.

Finally, an intelligent response. What would be better to do is sample the companies in the index that actually have earnings, to calculate a PE. To explain why companies have P but no E, take a look at any biotech stock. The price reflects the probability of success of FDA approval...

[/B] Per OP telling me today was like es5c, I have uploaded image with comparison to actual 5 min es chart.

Ok, sorry for being stupid. I was able to figure out how to see the es chart in excel.