Attention: I am now short!

[tradingjournals]

Quote from tradingjournals:

I find today to be an easy short, even if it were to break friday's high. All the bears who joined the last downtrend after it became easy to see, are now underwater. So the market might now work on bulls who joined later to give them a hair cut instead of the steak they were after.

QQQ at 58.ish.

Reconnaissance teams seem to say that if it goes down, first motivated "bulls" (in the form of bears covering their dirty shorts, and praying for three days now) might appears, at around 57.10 area.

Quote from tradingjournals:

QQQ at 57.04. As planned!

Now qqq at 57.30 running up from the bottom. Now everyone can see it. It may go up, or down, or retest the bottom. Who knows what can now happen, but I am sure it will fluctuate, and that the easy money is now off tha tables.

I was extremely lucky today and wednesday/thursday, with the price levels and more importanly the reasons for the price levels--- all ahead of time.

Those who missed the show on Wednesday/Thursday, check it here:
http://www.elitetrader.com/vb/showthread.php?s=&threadid=228722&perpage=6&pagenumber=2

 

[atticus]

Quote from tradingjournals:

Now qqq at 57.30 running up from the bottom.

I was extremely lucky today and wednesday, with the price levels and more importanly the reasons for the price levels--- all ahead of time.

57.84 to 57.30 and you're blowing yourself? What has this site become? Really a shame.

 

[Lucrum]

Quote from atticus:

QQQ never touched 58 (per your time stamp).

tradingurinals doesn't even have a real money account.

 

[failed_trad3r]

Personally I think we'll drop further. New ammo.

 

[tradingjournals]

Quote from tradingjournals:

I find today to be an easy short, even if it were to break friday's high. All the bears who joined the last downtrend after it became easy to see, are now underwater. So the market might now work on bulls who joined later to give them a hair cut instead of the steak they were after.

QQQ at 58.ish.

Reconnaissance teams seem to say that if it goes down, first motivated "bulls" (in the form of bears covering their dirty shorts, and praying for three days now) might appears, at around 57.10 area.

Could someone please post a 1-minute chart of today's (today=Monday October 17, 2011) trading of QQQ? They can be helpful to readers for analysis, comments, and exchange of useful lessons/conclusions.

 

[tradingjournals]

Quote from failed_trad3r:

Personally I think we'll drop further.

What makes you think that? I have my opinion on future price dynamics.

 

[N54_Fan]

Quote from tradingjournals:

Could someone please post a 1-minute chart of today's (today=Monday October 17, 2011) trading of QQQ? They can be helpful to readers for analysis, comments, and exchange of useful lessons/conclusions.

Here

 

[tradingjournals]

Thanks N54_Fan! As the saying goes, a picture (with time stamps) is worth a thousand words, and can do all the talking on its own.

 

[N54_Fan]

Quote from tradingjournals:

Thanks N54_Fan! As the saying goes, a picture (with time stamps) is worth a thousand words, and can do all the talking on its own.

YW,...but I have to ask,...did you take the trade or just "paper trade" as has been mentioned above?. It is a bit curious that you have failed to deny the accusation.

 

[Lucrum]

Quote from N54_Fan:

YW,...but I have to ask,...did you take the trade or just "paper trade" as has been mentioned above?. It is a bit curious that you have failed to deny the accusation.

http://www.elitetrader.com/vb/showthread.php?s=&threadid=218121&perpage=30&pagenumber=6

http://www.elitetrader.com/vb/showthread.php?s=&threadid=218121&perpage=30&pagenumber=4

http://www.elitetrader.com/vb/showthread.php?s=&threadid=221311&perpage=30

The three links tell you just about all you need to know about tradingurinals.