Long 10577
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YM Traders
- Thread starter volente_00
- Start date
I am fading the moves but also use support and resistance to reinforce whether to take the trade.
Moved a week ago. Still no internet access. Another two weeks. Im losing big bucks by not being online... maybe less than if I WAS online!! Hanging out at the library to check e-mail isnt cutting it! Hope to join the rest of you all shortly... still a great thread! Good trading to all of you.
Sold at 10587
Quote from joeyata1:
mewbies on this bopard whould be happy. all the guys on this board wether doing this 1 month or 2 years are doing something very elemantary. everyone's fading the big moves with stops. i see few charts being used jsut fading the moves. it's all about taking shots with stops. nobody knows were the markets going
All my trades are based on chart setups. I do buy support and sell resistence but I also will follow the trend on momentum trades, using certain indicators.
2 and 5 minute charts
9 and 18 day sma looking for divergence and crossover, but mainly divergence because the crossover lags.
I also use support and resistance, and what I call a rule of 20.
Ym loves to move in 20 pint increments and the retraces quite often 10 points.
I also use reversal times such as 10:30 and 12:00.
9 and 18 day sma looking for divergence and crossover, but mainly divergence because the crossover lags.
I also use support and resistance, and what I call a rule of 20.
Ym loves to move in 20 pint increments and the retraces quite often 10 points.
I also use reversal times such as 10:30 and 12:00.
"nobody knows were the markets going"
Some of us are pretty good guessers
What was the low on YM yesterday ?
volente_00
Registered: Nov 2002
Posts: 772
10-03-05 02:20 PM
short at 10608
20 point stop
Looking for a pullback in YM to 10550
Some of us are pretty good guessers
What was the low on YM yesterday ?
volente_00
Registered: Nov 2002
Posts: 772
10-03-05 02:20 PM
short at 10608
20 point stop
Looking for a pullback in YM to 10550