Edited by .Blizzard, 24 January 2007 - 11:24 AM.
Short NQH7
Started by
.Blizzard
, Jan 24 2007 11:19 AM
2 replies to this topic
#1
Posted 24 January 2007 - 11:19 AM
Here @ 1813.00
It looks like da bounce is over
#2
Posted 24 January 2007 - 11:51 AM
Here @ 1813.00
It looks like da bounce is over
You should be ok... if you are swing/position trading this which I am assuming you are doing.... JMO but I think we go alittle higher yet... where I to will be looking for a short. I covered my ES position but held on to my NQ one... Shall see what happens... best WC
$ No more effort is required to aim high in life, or to demand excellence and success than is required to accept failure and poverty. $ ~ Anonomous
#3
Posted 24 January 2007 - 11:55 AM
1814 is 38.2% of Retracement from the highs to the lows
At this level we find two other lower tops (horizontal resistance)
My stop is @ 1826.50
....I think we should retrace at least till 1802 (also my first profit target)
the next one the gap...
At this level we find two other lower tops (horizontal resistance)
My stop is @ 1826.50
....I think we should retrace at least till 1802 (also my first profit target)
the next one the gap...
Edited by .Blizzard, 24 January 2007 - 11:56 AM.