Charts

[Brandonf]

long from 110.50

 

[VisionTrader]

Brandon,

Forgive me. But I do not understand what this thread is all about. What is the message here.

 

[Brandonf]

[09:21] <brandon> you guys have the chart up so I can explain the trade?
[09:21] <brandon> after this I will explain the 2b buy setup we had too
[09:21] <brandon> that will be both of the trades
[09:22] <brandon> we have 9 to 10 points upside depending on fills today in the NQ now and Im probably done, at least until afternoon.
[09:22] <brandon> a real lazy trader
[09:22] <brandon>
[09:22] <brandon> anyway
[09:22] <brandon> here is our NQ short that we had right off the open
[09:23] <brandon> 1251.5[09:23] <brandon> you can see that right before the open we made a new high in GLOBEX
[09:23] <brandon> one of the golden rules is that the GLOBEX high is rarely taken out the first time it tries in the regular session
[09:24] <brandon> so you can almost always lean against the globex points for support or resistence
[09:24] <brandon> next, which you dont see on this chart but can on the QQQ or NDU
[09:25] <brandon> we opened up right on the 60 minute 20ema
[09:25] <brandon> this is always a big Resistence point
[09:25] <brandon> especially when it comes right up to it on the open

[09:25] <brandon> because in that case the market rarely has had the time to rest in order to take it out
[09:25] <brandon> next we had the gao
[09:25] <brandon> gap
[09:25] <brandon> and knowing that 71% of gaps fill
[09:26] <brandon> and given that this gap was less then a 1% gap it had an even higher chance of filling overall
[09:26] <brandon> we wanted to find "any excuse" to get our shorts on
[09:26] <brandon> which we had with the above criteria

 

[Brandonf]

2b

 

[Brandonf]

NQ Chart

 

[Brandonf]

nbty

 

[Brandonf]

chart

 

[sammybea]

Is spam considered spam if you are a sponser of the site? The only point to this thread is to promote a sponser, but i don't know if anything can be done about it. Its quite annoying though as no interesting discussion has proceeded since the beginning of it. Just "spam"

 

[nkhoi]

Quote from sammybea:

Its quite annoying though as no interesting discussion has proceeded since the beginning of it...

I'm visual guy thus chart speaks a thousand words to me.

 

[VisionTrader]

Quote from sammybea:

Is spam considered spam if you are a sponser of the site? The only point to this thread is to promote a sponser, but i don't know if anything can be done about it. Its quite annoying though as no interesting discussion has proceeded since the beginning of it. Just "spam"

Agree.