YM Traders

Quote from Learner:
10-18-05 04:13 PM

(a test of ET time stamp)
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10-18-05 04:13 PM should be 10-18-05 04:17:27 PM, UK time.
(another test of ET time stamp) my trade is closed.
Make my day. ET time stamp was 4minutes 27 seconds out of sync,......BTW.
 
Quote from jzlucas:

What do you use for a stop if you're buying for the overnight rally?
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I don't play.. just following the system for 2 years now and its free money imo


no stops needed.

worst you do is get out b/e whenever market decides to fill the gap down..

but dont risk money on it imo
 
Watch it with stops on ECBOT after hours!

ECBOT has native stops, but IB doesn't support them yet. They use a simulated stop that is only actually active during normal trading hours. So simple stop orders on IB after hours on ECBOT won't work!
 
Volente, so why did you short with such conviction a/h yesterday? Must say it was good trade if you held. In hindsight failure to break above 10400 was a signal of weakness. YM still moving south as I write.
 
"Volente, so why did you short with such conviction a/h yesterday? "









Quote from volente_00:

Why am I bearish?


http://stockcharts.com/def/servlet/SC.web?c=$INDU,uu[w,a]daclyyay[db][pc200!c50][vc60][iUb14!La12,26,9]&pref=G

first resistance at 10350 that was once support before it broke down.


Very strong resistance at 10380.


The 50 % retracement from the last high to the last low is right around 10380 also.






Looks like the midnight rally boys are giving the shorts a hard time already. Nothing like a gap up to add to a position.







If I am right this trade will be good for 50+ points.
Maybe I am wrong but that's my story and I am sticking to it.
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