Trading YM

[Alexandre]

good contrarian trade just after we broke 10400

 

[volente_00]

"Do you think of short @10415+?"


if you want to play the retracement for a few points
But i would be leary of fighting the new trend after all the selling this morning.

 

[volente_00]

fwiw I think the market may rally after lunch. We are to close to support. But I am done for the day. You guys have a good weekend.

 

[Rickshaw Man]

Quote from tokyotrader:

What divergences did you see Rickshaw?

I know Volente mentioned he uses 9/18 SMA, but I can't bring myself to rely on that in my decision process.

In any case, I am with you on the sidelines(mostly).

 

[Stalker]

volente, when your looking for a reverse, do you take volumespikes into consideration? i´ve been trying to study them for a while, trying to combine them with other information

 

[Rickshaw Man]

I just dont have a method for trading a 20-30 point range in YM.

 

[Rickshaw Man]

If you got up to use the restroom sorry you missed it. 40 point squirt up.

 

[volente_00]

So how did you guys like the afternoon rally ?

 

[SethArb]

nice call volente ...

it was an easy one though , after all that selling into 11:45 am EST ... glad you noticed it ... how come some of the other boys did not ?

 

[volente_00]

Maybe I am just the lone ranger.