YM Traders

ripley,
good call on the breakdown..
i saw a penant on 3 indexes

why long at 550 ?

qm still spiking up

what are most of your risk reward pts ?
 
Quote from esu2:

ripley,

why long at 550 ?

qm still spiking up

what are most of your risk reward pts ?
More...

550 was the key resistance for the last 3 days. After it broke through that level yesterday, it acted as a small support. And I believe the market most likely won't go through 550 since it is Sept. 30th. You would need a major move in the energies for us to make lower lows today.

Don't adhere to a strict risk reward because I don't have STOPS.. I just put it out there as my stop on my earlier post just for the hell of it. With no risk predefined, I don't have a reward either.
 
ripley
so all your exits are triggered manually ?

what are your avg win and loss pts ?

lunch is here.. must be a range bound day
 
I'm done for the day; went long on the euro it reversed hard; then went short on the QM and it reversed. My isp is giving me 2k pings. I better just quit for the day

good luck everyone
 
Small loss in YM (few tradeable swings for me today)

trades:

1/ Short 10672, -1tick (slippage of breakeven stop) not shown
2/ Short 10568.5, cover 10573, -4.5ticks
3/ Short 10568, cover 10572, -4ticks
4/ (small) Long 10570, cover ~10586.5, +16.5icks

some EUR trades in between (shown from inital entry S18, so it's not confusing)
 

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Quote from esu2:

its gotta rally this afternoon.

the question is, which way ?
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end of qtr B.S. They jacked it up higher as expected. Watch the sell-off next week, won't be pretty.
 
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