I am thinking about going short in the YM late today 03.22.07

Resting Long 1 @ 128 ... i may not get it now..price moved awy frm me and i didnt want to chase rt now.

Edit. cancel long. im going to wait awhile.
 
Quote from ElectricSavant:

rc,

If you read this post when you get back...this was a good move on your part...how did you know?...is it that when the Brits move...its more trendy and not "USA-like" ...so when you get a green candlestick that fast at that hour...it will continue...right? (no green then equal red candlesticks like soldiers in a row at that hour)....or did you just bail as you would be out for a while? :)...tell the truth....

ES
Chart. subtract 1 hr to get my time. Eastern is showing on cht.
My Bail out-Why. Overall trend is up. Yes - fast grn candle. time of night plays part. I wuz also watching the ES. Felt like i had lost the opertunity to grab five tics earlier. And, Yes, i didnt want to hold till morning b/c i wouldnt be able to do anything if a stp got run thru/some other screw up. Risk too high re trend up and entry pricenear what trurned in to supprt.

On ES cht put 1 min cndls and span mabe 1 hr. simlr to the YM cht here. time rnge of interst. i wuz watching t/s, vol/price on BOTH charts. notice the flat span aftr 2:35, and then bang! i bailed at 1:46cdt see the bar forming there ...game over...im out fast. live for another hour...and another trade....protect capital.....
see ya soon, E.

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