Greed and Fear

Short @ 129.87 stop @ 133.16(adjusted)...tgt open



4 trades
4 winners
8.14 points
.0631% gain

One open position



Indicator pointing south since 5/9. No cover/buy signal yet.


Staying short and sitting on hands. Open pos OTM -0.013% currently...but feeling OK.
 
Quote from indahook:

Short @ 129.87 stop @ 133.16(adjusted)...tgt open



4 trades
4 winners
8.14 points
.0631% gain

One open position



Indicator pointing south since 5/9. No cover/buy signal yet.


Staying short and sitting on hands. Open pos OTM -0.013% currently...but feeling OK.

Got a cover/go long signal on the close..did so @ 130.87..stop @ 129.08..tgt open

New stats as of the close May 11th 06

5 trades
4 winners
1 loser
7.14 points gained
.0554%gain
 
Quote from indahook:

Got a cover/go long signal on the close..did so @ 130.87..stop @ 129.08..tgt open

New stats as of the close May 11th 06

5 trades
4 winners
1 loser
7.14 points gained
.0554%gain

Cant take it anymore..clearly on the wrong side...sold at 127.97

New stats

6 trades
4 winners
2 losers
4.24 points gained
0.0417%gain

At this rate i`ll bleed my gains in two or three more trades...we will see. May need to read adjust stop %`s to make RR more acceptable. Another thing I am considering is incorporating a second reversal method as confirm.


Hope you all are trading well.
 
Quote from indahook:

Cant take it anymore..clearly on the wrong side...sold at 127.97

New stats

6 trades
4 winners
2 losers
4.24 points gained
0.0417%gain

At this rate i`ll bleed my gains in two or three more trades...we will see. May need to read adjust stop %`s to make RR more acceptable. Another thing I am considering is incorporating a second reversal method as confirm.


Hope you all are trading well.
my oversold indicators are at a level of negitivity that indicated a bounce area in the past right now.
 
Quote from vhehn:

my oversold indicators are at a level of negitivity that indicated a bounce area in the past right now.

Mine also. Never have seen mine so negative. Will look to reenter long tommorrow if the close confirms.
 
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