stop moved to BE on the trade, 11012 H and S forming on the daily and if it breaks I want be a part. If not, BE is good. 3 p.m. sell off anyone ? 11020 or 10980 is next.
Hi, I'm not going to be participating much here cause of the negativity but i thought a nice final post, I posted that I went long huge size at 10750 with a target of 200->250 ym pts, I sold today at 11009 out roughly +250 pts (the long post was on 1/3/06), stop was 10-20 pts so it was better than 1:10 risk reward. good luck ym players! c ya volente! (my final post in this thread) Here was the original post so people don't spam I'm making up my trades/after the fact blah blah blah: 01-03-06 12:44 PM hi all, happy new year. I'm backing up the truck here on YM locked and loaded with a stop at 10739 area, looking for 200-250 ym points upside (SWING).
Yes, I am the one who indicated that late entry is a problem. Any time you enter outside your signal or against your signal you have a problem. It the same for me as for anyone else. You have to do what your system says to do, or you will lose. Just my opinion. Steve
I think the next level according to the daily is 11027 then 11037 but of course the price is not going up in a straight line. I believe we will test 10989 and possibly 10965 before heading up again.
looking for exhaustion bar entry is trading error............risk/reward balance is necessary for survival....unless u have tons of money to throw away........stops skills won't be overnight success.............