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Start shorting the nikkei it's broken down


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#1 porsche911sg

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Posted 14 April 2010 - 10:08 PM

More money to be made than US. Intraday volatility much higher. Current Position: US: Short SP 1115 (down by 80%) MArch 1St Going for total lost soon ! Japan: Short Nikkei(Up 150% mutiple trades ex Current short at 11315/310) Oil: Long 83.77 Stop set at 86.01(up 40% at stop price) Closed Positions Euro short Position 800% Nikkei Long 300% EDIT: Closed out nasdaq short on Monday lost 7%

Edited by porsche911sg, 14 April 2010 - 10:11 PM.

The market catches almost everyone on the wrong side. We always seem to get fake break out before that huge dump or the hugh dump before the false break down! Trade Safe!

#2 fib_1618

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Posted 14 April 2010 - 10:28 PM

start shorting the Nikkei it's broken down

Time frame?

Fib

Edited by fib_1618, 14 April 2010 - 10:28 PM.

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#3 porsche911sg

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Posted 14 April 2010 - 11:21 PM

start shorting the Nikkei it's broken down

Time frame?

Fib

Intraday if possible. Position is now up by ten points. I would close it if I can shave of 50-60 points from the high which 13325.

A break rom 11250 will have me hanging on. Stops now at 11295
The market catches almost everyone on the wrong side. We always seem to get fake break out before that huge dump or the hugh dump before the false break down! Trade Safe!

#4 porsche911sg

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Posted 14 April 2010 - 11:24 PM

Covered 11275 42.5 points gained. Waiting for tom entry again at 11250.
The market catches almost everyone on the wrong side. We always seem to get fake break out before that huge dump or the hugh dump before the false break down! Trade Safe!

#5 porsche911sg

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Posted 14 April 2010 - 11:25 PM

Sorry it 11315 as entry. Or 11355-365
The market catches almost everyone on the wrong side. We always seem to get fake break out before that huge dump or the hugh dump before the false break down! Trade Safe!

#6 fib_1618

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Posted 14 April 2010 - 11:27 PM

Intraday

Thank goodness, because looking at the daily I was wondering what you were smoking. :lol:

Glad the trade worked out for you.

Fib

http://stockcharts.com/c-sc/sc?s=$NIKK&p=D&st=2009-01-01&en=(today)&i=p30602962634&a=197464889&r=7700.png

Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.





 


#7 porsche911sg

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Posted 14 April 2010 - 11:40 PM

Thanks for the charts Fib, Next pull back will either reach 11100to 11000 or 10,500
The market catches almost everyone on the wrong side. We always seem to get fake break out before that huge dump or the hugh dump before the false break down! Trade Safe!

#8 porsche911sg

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Posted 15 April 2010 - 12:21 AM

Thanks for the charts Fib, Next pull back will either reach 11100to 11000 or 10,500

Just did a rolling bought 265 sold 270 done in a mintue.
The market catches almost everyone on the wrong side. We always seem to get fake break out before that huge dump or the hugh dump before the false break down! Trade Safe!