7 replies to this topic

[hiker]

small position...using stop appropriate to this entry strategy:

horizontal support on weekly shown on the first chart:

http://forums.techni...post?id=1381194

[hiker]

exited 75% of the position on move to and above Friday's close

[mss]

exited 75% of the position on move to and above Friday's close

chicken

[hiker]

a move above 56.25 will be of interest...

[mss]

Have 1/2 of my position, hope to add at retest, if not will take breakout red line.



Also bought 1/2 position of ACI & BTU, went to a wedding reception Sunday afternoon.

Best to you,

no [attachment=4774:attachment]

[hiker]

35.25-40 is my target for selling daytrade BTU long...so now I have to come up with a reentry target long or short... busy day...trading UPL, NBL, BTU, ACI, RTP, DECK, BRCM, MRVL and more.. I hope to keep NBL past today, but will see thanks for update

[hiker]

note SOX vs. 6-day price channel plus testing 456 horiz. resist plus 200-day ema above 456 -------------- top-picked XLE for a short based on 52 plus as a stop area...just a daytrade scalp or so. 51.80 to 52.30 approx area of interest on recent intraday

Edited by hiker, 25 September 2006 - 01:39 PM.

[hiker]

closed NBL and other oil related longs...not taking any into tomorrow's release of inventory nos. since the associated risk is unknown.. note the volume vs. average daily volume in NBL and the others here: Symbol Change Volume Avg Vol (3m) APA Up 1.86 Up 3.07% 3,404,400 3,593,090 - - - - - APC Up 0.31 Up 0.73% 3,818,900 5,276,260 - - - - - CHK Up 0.26 Up 0.91% 5,596,600 6,987,090 - - - - - DVN Up 0.32 Up 0.53% 6,830,400 5,153,220 - - - - - ECA Up 1.58 Up 3.58% 2,622,100 2,646,260 - - - - - NBL Up 0.85 Up 1.96% 937,500 1,670,690 - - - - - STR Up 0.64 Up 0.80% 344,400 756,827 - - - - - SWN Up 0.79 Up 2.73% 1,935,700 2,537,520 - - - - - UPL Up 0.80 Up 1.82% 1,754,600 1,704,640