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How do you play this? Isn't this an artificial stop you can buy off of?

BUY BUY BUY!

http://www.reuters.com/article/idUSTRE5BA4J620091214?feedType=RSS&feedName=businessNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FbusinessNews+%28News+%2F+US+%2F+Business+News%29

Check Open e cry's platform out. When I demoed with them, I recall applying a trailing stop to a trend line.

This shit pisses me off. Worst economic crisis in 70+ years and companies fail. Every douche bag perma bull comes out and blames it on the shorts. The same stupid shit happens on the upside, but no one says shit. Lets just remember what happened when they banned short selling 800 companies...

Do the e-micro's trade overnight? I have IB TWS up and never see any activity overnight on the micros. Anyone know anything about this? Thanks in advance and I apologize if this has already been answered.

Right off the bat I would say that the 2nd leg of the dragon be a higher low. You could do some testing on dragon's that have a lower low, exact double bottom and a higher low and compare them.

You shouldn't look at trend lines as support or resistance. If you view them as a measure of the trend, then you will eliminate this voodoo mindset. Grab a chart and find a low and connect it to a higher low after a higher high has formed. From there monitor price in reference to that...

yeah, he clearly seemed like he was under the influence of some kind of downer.

Had cramer on yesterday. Noticed a guy named Alex from Pennsylvania, called in. This guy seriously sounded like alex from puretick. http://www.cnbc.com/id/15840232?video=880098283&play=1 Scroll to 8:20 on the video Tell me what you think.

http://hf-implode.com/

http://finance.aol.com/quotes/mbia-inc/mbi/nys

Excellent way of doing things. Following only the bigger levels can allow you time, to plan ahead. Also you take much less trades. However, you have to be at the screen when the s/r is found, to truly put the probabilities on your side. I also tend to look at support and resistance as zones...

Check this link out. http://www.buyupside.com/chartsandimages2/sp500inflationlogmar08_large.gif Its the SnP 500 monthly chart adjusted for inflation. Looks worse than a double top.

That is a pretty ignorant response, but to each his own. If someone uses volume in a consistent method then why stop. Just the same if a guy uses lunar rotations he gets off his wal-mart watch.

Maybe take a look at GBP/JPY. It can sometimes move a decent amount during the Asian session. However, spreads can be large and even with ECN brokers spreads can be wide during asian session. Good luck

It's time for the weekend man. All the brokers are closing up shop and so should you.

Haha, that guy poured his soul into that post. and all you can say is... Well, tushae to that.

I tried to trade it, but it bullshits way to much for me. With the 5 points per tick, the atr is horrible. It also consolidates way too much, in like a 20 point range. However, great trading hours, for the guy who works. Scalping with some size can show some decent profits. Good luck, but I...