S/R Emini Journal
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Great job MDG.
Looks just like ol 4r did'em himself
, what'd you do, post the chart in-between puts?... and it opened with no lag on my machine (but then again, my computer is setup for trading, so I've got power to spare). Folks trading with a single screen setup might not have the same experience.
Long at 1274.75, look'in for an early morn'in runup to 1280-1282 someplace thereabouts.
Later,
JJ
P.S. What the market should do is predictable, what market then does, once you've made your prediction, isn't.
Quote from ksonsinc:
will you guys shot if it does not brake 1279 as it is a strong resistence
and it is trying to brake
what is 1281 the next up trend resistence- ? to 1289
You love to fade, don't you Special K?
Because the Spooz is so choppy, fading can be a good way to make dough on a consistent fashion ... but you're gonna have to develop a system that can tell you when to fade, and when to just sit on your hands.
Me, I'm not smart enough (or well capitalized enough) to find fades or trade divergences. I only trade the pullbacks of trends. It works well enough if I'm only looking for 2pts (+ fees & commish) and on the day's where we have range extension I can fatten the piggy.
Just a suggestion.
Later,
Jimmy
H & S, this puppy is going down if it does not bust through 1275.
also negative divergence on my stochastic
Shorted at 1275.75
2 point stop
2 point stop
The number is actually 1276 on the shoulder
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