Dcth

Guys,


Look at DCTH. I use 5 min chart with 50 pt move average. Look where it is. I just loaded up for the long. Stop at 30. What do you think?
 
i use 3 min with 50/200 MA......often, when a parabolic mover fails at 50 MA, its done other than for small scalps to the long side.....ive got an intraday target of 3.09, with a short entry from 4.25
 
Quote from backman:

i use 3 min with 50/200 MA......often, when a parabolic mover fails at 50 MA, its done other than for small scalps to the long side.....ive got an intraday target of 3.09, with a short entry from 4.25

Unfortunatelly, I can't short this stock, and I only looked at it about one hour ago. I watched it slide to the 30 levels, and thought it was a good long (at least a very short term one).

Guess not :(
 
Quote from AnonymousTrader:

Unfortunatelly, I can't short this stock, and I only looked at it about one hour ago. I watched it slide to the 30 levels, and thought it was a good long (at least a very short term one).

Guess not :(


YEYEYEYEYY!!!

I;m not the only one!!!!!
(cant believe i am still in a good mood after that downer)


Where did you get in/out?
What were your target/ stop loss?
 
Quote from SitrusTrader:

YEYEYEYEYY!!!

I;m not the only one!!!!!
(cant believe i am still in a good mood after that downer)


Where did you get in/out?
What were your target/ stop loss?


In: 2k at 34 our 2k at 27. 7 c x 2k = 140 loss.

Target was 53
Stop loss was 25

Got out a bit early on that one because I saw it was slipping badly.
Probably a mistake. But the trade is done. No more of that.

And you?
 
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