Now it is time to start creating a short position

Quote from chaykapwr:

First off I said this would not be a live trade.

ANd I never run away from bad trades. I get stopped out. In fact I get stopped out 30% of the time!
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No worries, I've decided this forum is not conducive to good trading and you have no obligation of course to explain your trades in detail. Good luck to you, and be careful not to let ego interfere with good decisions.
 
Higher lows and another oversold level a half to 2 percent lower from here.

No reason to short if Apple lands China Mobile deal, not just for iPhone but iPad as well. Market will go up on that.

See GDP and Continuing claims at 8:30. These could be dissapointing because the consensus is well within the market expectation, briefing and prior estimates.
 
Quote from chaykapwr:

The upside potential is no longer outweighing the downside risk. There are 3 key zones to watch out for. However, I will start shorting at the first zone and then add IF we continue up. However, we shall at minimum get a nice size correction off the first zone.

There is a probability I am wrong, however, its a small probability.

The zones in the ES are

1420-1430

1445-1460

1480-1486


for Nasdaq we have a HUGE resistance zone and this is the one that is offering the biggest reward (several hundred points)

3180-3300

HOWEVER the heart of the zone is 3220-3300
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Thats how its done.

Simple
 
Quote from chaykapwr:

The upside potential is no longer outweighing the downside risk. There are 3 key zones to watch out for. However, I will start shorting at the first zone and then add IF we continue up. However, we shall at minimum get a nice size correction off the first zone.

There is a probability I am wrong, however, its a small probability.

The zones in the ES are

1420-1430

1445-1460

1480-1486


for Nasdaq we have a HUGE resistance zone and this is the one that is offering the biggest reward (several hundred points)

3180-3300

HOWEVER the heart of the zone is 3220-3300
More...


That's how what is done? You missed the ES short. ES never traded above 1419.50. Given how big your 'zones' are, the ES would have to have rallied 100 handles above your first zone for you to look silly. Hardly sticking you neck out is it?
 
Quote from Joovenile Jatt:

That's how what is done? You missed the ES short. ES never traded above 1419.50. Given how big your 'zones' are, the ES would have to have rallied 100 handles above your first zone for you to look silly. Hardly sticking you neck out is it?
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And to top it off he got stopped out at 1416 and never got filled on his next short.

I truly feel sorry for the guy
 
Quote from volente_00:

And to top it off he got stopped out at 1416 and never got filled on his next short.

I truly feel sorry for the guy
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Its funny because I was just saying the same thing about you. You are a horrible trader. Period.

Keep adding! if all else fails ADD ADD ADD
 
Call me naive but why can't any of you guys ever post a screen shot backing up any of these calls ? It should be so simple to do if the trades are real.
 
Quote from sellindexvol66:

Call me naive but why can't any of you guys ever post a screen shot backing up any of these calls ? It should be so simple to do if the trades are real.
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Because they aren't, they are just ideas.
 
Quote from sellindexvol66:

Call me naive but why can't any of you guys ever post a screen shot backing up any of these calls ? It should be so simple to do if the trades are real.
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I already did years ago and it proved nothing


How can he post a screenshot of his 1420 es short fill when it never traded there ?




:confused:
 
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