Will you be liquidating your longs today as per your post a week ago?
Question For A-ha
Started by
TradingUp
, Mar 14 2008 01:50 PM
6 replies to this topic
#2
Cirrus
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Posted 14 March 2008 - 01:56 PM
Given his trading prowess...my guess is he added right at today's lows and there will be a gap up Monday AM.
#3
TradingUp
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Posted 14 March 2008 - 02:01 PM
Given his trading prowess...my guess is he added right at today's lows and there will be a gap up Monday AM.
No, he specifically stated that he would liquidate today if prices did not rise up into the bottom of his channel this week.
#4
Cirrus
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Posted 14 March 2008 - 02:08 PM
Given his trading prowess...my guess is he added right at today's lows and there will be a gap up Monday AM.
No, he specifically stated that he would liquidate today if prices did not rise up into the bottom of his channel this week.
OK...then he must have sold the open on the CPI news--guy is a genius.
#5
iloli way
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Posted 14 March 2008 - 03:57 PM
Far as I know, "genius" is understatement, but he has to speak for himself...This is the first time I saw his position close to his one trade away...Given his trading prowess...my guess is he added right at today's lows and there will be a gap up Monday AM.
No, he specifically stated that he would liquidate today if prices did not rise up into the bottom of his channel this week.
OK...then he must have sold the open on the CPI news--guy is a genius.
PRICE IS KING; LINE RULES! - Laws Of Line (LOL) Trading Systems
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Swing Those Lines: I can calculate the motion of heavenly bodies, but not the madness of people! -- Issac Newton
#6
slatedrake
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Posted 14 March 2008 - 04:50 PM
I seem to remember him stating that a WEEKLY close of the $NDX under his trend line would take him out of the trade.
By my reckoning the $NDX closed above the trend line this week...
Before you start trading get your brain around risk control. Know how much leverage you're using and know when to go to cash if you're wrong.
#7
TradingUp
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Posted 14 March 2008 - 05:25 PM
You are absolutely correct. It was a weekly chart. He is still in position. WOW!I seem to remember him stating that a WEEKLY close of the $NDX under his trend line would take him out of the trade.
By my reckoning the $NDX closed above the trend line this week...
