the gift of being wrong ?
Look for a ROCKET move up tomorrow
- Thread starter SoyUnGanador
- Start date
I went long around 2PM or whatever the peak of the intraday move was on MNQ. I'n down 50 points currently. Therefore, I control the three major index futures markets. They are all down. By going long in the MNQ at the peak, I will now drive down the NQ market.
This cannot be denied. (Oh, but that was in December contract, so you MIGHT catch a break in a few months.)
That entry was fine, but why didn't you just move your stop to 2 ticks (for commissions) once it went your way?!!!
You talkin' to me? My TP was just a bit too high on the Dec contract, so now I am stuck. Again.
The Beck loser needs to either stop making predictions on the forum, or back it up with real money, like I do. I believe we will get another bounce now that the CPI is out of the bag, and we have PPI and China GDP coming tomorrow.
Bad timing, near saturation point.
If you would have told me at 2pm you were planning on going long...I would have told you the peak'ish for the day has been reached. Stand down,
Ideally, an excellent trader should have bought around 10:30 and sold around 11:15 for the day's move,
You can't hunt for a trade...if you don't know what to reasonably look and expect for,
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...If you would have told me at 2pm you were planning on going long...I would have told you the peak'ish for the day has been reached. Stand down,
But you had NO WAY of KNOWING that at the time! GAH! Only in HINDSIGHT do you say that sort of thing!
So where am I now? Am I fucked until Dec of this year? What do your magic indicators tell you? Because I am long in the December contract. Will we never get above 11885 on that contract? Tell me, tell me, tell me NOW, oh magical seer who can see all!
On a Daily scale...I know this, more or less, in Premarket before the opening bell rings.
If you are asking me for market direction beyond the Day, I have absolutely no clue.
I am asking you for tomorrow then. Intraday. Where are we going. You have a 50/50 shot at getting it correct.
My favorite part of it is that he used a google finance chart.
Dude, he's on a MacBook. All he has is Google and other online bits.