How do youy explain the facts if it is bad stuff ?
55 trades
38 wins for 739 points
14 losses for -(280)
3 break even trades.
55 trades
38 wins for 739 points
14 losses for -(280)
3 break even trades.
YM Traders
- Thread starter volente_00
- Start date
Hey porgie, guess what.
When I get time I will break it down further but right now I am busy making money.
When I get time I will break it down further but right now I am busy making money.
Short covered at 10294.
Enjoy the day.
Enjoy the day.
volente i love the way you have an 84 target and conviently covered at the almost the exact low of 94 when you saw it skied. and to boot you almsot shorted the exact high of the day. even you waiting 1 minute to post you could have seen which way it ran before posting. ibet if we tanked you'd have covered the exact low
Support is around 290... I don't see the problem with him taking profit at 294.
here's a question ...
how do you trade a breakout without getting taken?
meaning since most of us YM traders are short term traders; usually a few RT a day so time period most likely the 15/5 or 2 min charts.
If you wait for after the breakout ie you've usually missed most of the move on a 2 or 5 min chart; there probably would be some left on a 15 min chart thou.
When do you get in? before the breakout, after you think it broke out or wait for a pullback? and how has it worked out?
*I'll start out since I asked the question; I've tried all of the above and its real hard to play breakouts on the 2 and 5 min charts. Most of the time they are at support/resistance and you get faked out so much (or its doing something you didnt see); 15 min chart breakouts are easier to see and play; although you can get taken there also. *
how do you trade a breakout without getting taken?
meaning since most of us YM traders are short term traders; usually a few RT a day so time period most likely the 15/5 or 2 min charts.
If you wait for after the breakout ie you've usually missed most of the move on a 2 or 5 min chart; there probably would be some left on a 15 min chart thou.
When do you get in? before the breakout, after you think it broke out or wait for a pullback? and how has it worked out?
*I'll start out since I asked the question; I've tried all of the above and its real hard to play breakouts on the 2 and 5 min charts. Most of the time they are at support/resistance and you get faked out so much (or its doing something you didnt see); 15 min chart breakouts are easier to see and play; although you can get taken there also. *
LOL
ripper,
How many contracts went off between 304 and 306 ?
A hell of a lot more than the 4 I shorted.
And as far as covering at 294, it went to 290 after I covered and notice what support has been since then.
Did you guys get in on the 10:30 reversal ?
Tonight's lesson will be on key time reversals.
Hey ripper, Don't hate the trader, hate the game.
ripper,
How many contracts went off between 304 and 306 ?
A hell of a lot more than the 4 I shorted.
And as far as covering at 294, it went to 290 after I covered and notice what support has been since then.
Did you guys get in on the 10:30 reversal ?
Tonight's lesson will be on key time reversals.
Hey ripper, Don't hate the trader, hate the game.