Inventory Grab Alert 4/30/09!

Whisky · Jun 30, 2009

Quote from Insearch:

I agree with you . . .

This method can work, but you need to have $$$ to be able to rotate positions several times, until you get it right . . . . and have the ball$ to sustain the loss if you don't . . .

It's nice to know that I'm not the only nut in the asylum.

Thanks for telling it like it is.

JW

Whisky · Jun 30, 2009

Quote from nirav34:

http://www.charthub.com/images/2009/06/30/Untitled_1.png

Zone formed yesterday. Today we test it, knowing 27-24 is net short. Take your position between 24-27. CD doesn't neutralize that zone, it bounces from the bottom end of the zone. So shorts hold it, and down we go. Just before the drop you had price moving lower on positive delta, you could see this supply in footprint chart.

You have to enter somewhere and define your risk/stop somewhere. Everybody can see a move after it happened.

How and where did you enter and what was your stop?.

JW

Ken More · Jun 30, 2009

Quote from Whisky:

Anyone can draw lines in history books. Any short trades from yesterday afternoon with a tight stop were blown this morning. Timing is everything.

JW

That's right...TIMING IS EVERYTHING.

Who wants to be standing at the station, waiting for the train a day before it shows up? And, pay more than the price of the fare.

That's what you are doing here because that's the best you can do.

Whisky · Jun 30, 2009

Quote from Ken More:

That's right...TIMING IS EVERYTHING.

Who wants to be standing at the station, waiting for the train a day before it shows up? And, pay more than the price of the fare.

That's what you are doing here because that's the best you can do.

Ok Ken. I agree.

Now go back to play with your laptop and your barbie in the crapper, since that's the best you can do.

JW

Whisky · Jun 30, 2009

http://www.charthub.com/chart/author/3720225A9C1E33F6A233F3B4D5BF70C4

AMT's charts and explanations on how he played it.

Insearch was correct.

JW

AMT4SWA · Jun 30, 2009

Quote from nirav34:

Here, take this, it will help.

WOW.....how sad!!!

I go away for a little while after my vacation to help one of my good trading friends with a project and you all start drinking?????????? :eek:

Whisky · Jun 30, 2009

Quote from AMT4SWA:

WOW.....how sad!!!

I go away for a little while after my vacation to help one of my good trading friends with a project and you all start drinking?????????? :eek:

Beam me up Scotch!. There is no intelligent life down here.

Please AMT tell it again: With small accounts and little resources it is impossible to play the game you play.

Variations of it, maybe. The same game you play, no way.

JW

AMT4SWA · Jun 30, 2009

Quote from riskfreetrading:

Where is AMT? We did not agree on certain things in the past, but I respect him and I hope that he is doing well and will be back soon. He is a good guy! I am not being sarcastic. Lookforward to seeing him back!

Best regards to all of you guys!

Hey, all is good.....I have been extremely busy helping out a great friend with a project. I will probably be busy for a few more days and then I should have some extra time again.

Hope everyone is having fun and making some good coin!

AMT4SWA · Jun 30, 2009

Quote from Whisky:

Please AMT tell it again: With small accounts and little resources it is impossible to play the game you play.

Variations of it, maybe. The same game you play, no way.

JW

Not true......there is a way to scalp with Cumulative Delta too, but I have not ever covered it much.

AMT4SWA · Jun 30, 2009

Quote from tradingbug:

Draw 2 horizontal lines at 924 and 927. Go back since early May. You will notice that this area is a highly reactive zone.

Yesterday afternoon we consolidated and CD started trending down in the late afternoon.

The rest is history

Tbug - good one sir!