I know you are a short term trader, but just be carefull around here. ES blew thru its uptrend line 3 days ago. Chart posted is Sep YM.
Trading YM
- Thread starter Rickshaw Man
- Start date
I know you are a short term trader, but just be carefull around here. ES blew thru its uptrend line 3 days ago. Chart posted is Sep YM.
This is my sixth trade today and only the second long one. Thanks for the concern fellas but I think my trade is making money. But I may bail right here and take the easy 10.
Something keeps popping up in my mind, being that the financial media is going to circulate a rumor soon and create a short squeeze, maybe a bit to soon for that yet. Oh well humm strange thought.
Dow at support if you draw the line through the previous resistance levels.
http://stockcharts.com/def/servlet/SC.web?c=$INDU,uu[h,a]daclyyay[dd][pc20!c50][vc60][iUb14!La12,26,9]&pref=G
http://stockcharts.com/def/servlet/SC.web?c=$INDU,uu[h,a]daclyyay[dd][pc20!c50][vc60][iUb14!La12,26,9]&pref=G
Hey I bottom pick all the time, you did well.
sold em all at 10415
Nice sticking to your trade. I was long 2 @ 95 and 1 @ 92 but didn't have the balls to stick around for much of the ride. Felt there was too much downside risk.