DayTrade Signals with Harris Tech

harris_tech · Oct 20, 2005

Again on the same level, 34.50

fader · Oct 20, 2005

thx harris - i am always thinking about ways to improve my mechanical defitions of short-term direction... - all the best with your trading.

Quote from harris_tech:

No all is mechanical and objective. I dont beleive in ' FEEL TRADING' thing. Also note that the directions are short term directions and are not for entire day. I can give you the whole day direction too but for that i will have to use bigger time frames. Short term direction is all one needs for daytrading anyway.

harris_tech · Oct 20, 2005

Quote from fader:

thx harris - i am always thinking about ways to improve my mechanical defitions of short-term direction... - all the best with your trading.

You will Succeed!

harris_tech · Oct 20, 2005

Quote from harris_tech:

If resistance 34.50 holds , and SHORT trend continues -- 32.00 as the first minor area to watch for support and then 29.40.

Trend be our friend and watch it getting sucked towards 29.40. Lets seee

U cant get better then this. LOOK UP and compare your charts

harris_tech · Oct 20, 2005

Just look at it how wonderfully 629 served as a magnet. 629 support got broken. We are looking into more continued downtrend unless my system tells me that things haf other way around. I would like to see more penetrtion under 29 before i short the sucker again on a pullback.

harris_tech · Oct 20, 2005

29.50 support again on Russel. Got the negative div too.. High probability trade. watch for it. Howver trend is for LONG.. We will see.

harris_tech · Oct 20, 2005

LOLLL .... Beat THATTTTTTTT !!

harris_tech · Oct 20, 2005

So was a good day overall.

Hope most of you enjoyed the direction , for me my directions and areas are 80-90% accurate.

I am gona rest for a bit its late here 2:35am

harris_tech · Oct 21, 2005

Hi Good Morning....

Hope everyone is good.

Today 10am EST direction update:

1) TY and US both are on a great uptrend, and i have LONGed them 3 time alreadys ince morning and they still look strong and ready to be LONG from current levels.

2) EC and BP both also look set for LONG trades and can be LONG from current levels, They have been choping for a bit but seems like look good for LONG trades.

3) JY still looks strong and AD looks week, however, on AD a good pullback of 10-15 ticks is needed to even think of SHORTing it , and that too with a trigger.

4) Gold is strong for me at the moment

harris_tech · Oct 21, 2005

About Russell, its showing a mix trend, but dominently opting for LONGS so far. 635 is a resistance zone for me and 632.20 is a support since morning. Counter trend traders can SHORT it using their own triggers for few ticks near the resistance, and for trend traders, resistance needs to be broken to LONG it.

We will watch it..