Has anyone here at ET found themselves cancelling a stop when a market is moving towards it or moving the stop away from the market? If so, did...
Tradingbug, sorry my name gave you the impression that I am a perennial bear--it actually doesn't refer to shorting--I apologize.
There are times when it is that simple.
You were very right--the intraday needs generally to be more impressive with regards to divergence to combat the larger time frame trend, whereas...
This is why I didn't answer option 3 on the poll :)
Of course, I am not a permabear. I go long more than I go short actually. I went long most recently on 10/21/05 when MACD and RSI both indicated a...
I shorted ES on Fri close. Initial stop 5 pts Initial profit target 10 pts. Your short term charts do have a bearish look to them intraday
retail is only good for long term trades to be held overnight perhaps even for weeks. Futures is where the short term trades should be taken
Euro attempting to carve out a base---Bullish divergence now on hourly charts
Mo, please post again in real time so we can see if there is anything new in store for your strategy
Art, it would be good to see some realtime posting today of your trades
was there somebody on this thread who was actually touting the Martingale ?
no materialization of a bounce on hourlies yet.
Do you mean you are working at the firm and trading their money?
A firm should not tell you where to place a stop. That is what a margin call is for
Change firms
short term charts(less than an hour) are showing a bit of an oversold bounce on both MACD and RSI---especially RSI. --nice rising lows on the...
He is looking at catching the up at 1295. It looks to me that there is a greater than even chance that we'll see 1285 first based upn hourly charts
Price action similar to that of the time around 09/30/05
I would say though that 2006 would end below 1300--with the usual ups and downs that accompany every market.
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