I'm impressed.
Volatility setup worked out nicely.
20 to 1 up day on NYSE.
Started by
ogm
, Oct 28 2008 03:04 PM
8 replies to this topic
#2
cgnx
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Posted 28 October 2008 - 03:06 PM
How was volume? Are you happy?
If it can be cornered, it will.
#3
saltlake
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Posted 28 October 2008 - 03:10 PM
That was absolutly insane. I got 46 handles and Im one of the worst traders here. 
#4
10Shekel
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Posted 28 October 2008 - 03:11 PM
qualifies for a late day upside surge at least?
#5
espresso
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Posted 28 October 2008 - 03:34 PM
Volume confirms the 10/10 last hour surge as bottom!
imho
Spesi FF
#6
StillLearnin
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Posted 28 October 2008 - 03:44 PM
That was absolutly insane. I got 46 handles and Im one of the worst traders here.
Good job Saltlake. I also had an extremely nice trade in that move up but sold WAY too early. It could have been a once in a year trade. But I am still in the don't be afraid to take profits mode and I had a nice 5.4% gain on a day trade and had to take it. In the future as my day trading account grows and I can day trade more I will take larger positions and take half profits on positions and let the market tell me when to get out of the other half.
#7
StillLearnin
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Posted 28 October 2008 - 03:45 PM
Volume confirms the 10/10 last hour surge as bottom!
imho
Espresso does the 1:35 up/down volume inbetween the two signals cancel the first one?
#8
pdx5
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I want return OF my money more than return ON my money
Posted 28 October 2008 - 05:14 PM
On paper, my portfolio made more money today than any other single day in 45 years.
But don't worry, it will all probably disappear soon !!
But don't worry, it will all probably disappear soon !!
Edited by pdx5, 28 October 2008 - 05:17 PM.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
#9
eminimee
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I don't care who's fur is flying...
Posted 29 October 2008 - 07:43 AM
The bull and the bear of it...
Bull:
Looks like a W bottom ...over night ES tested the 8 ema and bounced hard, this is a 120 min all session ES
http://img100.images...eurod871oc0.png
ES 60 min all session...the bullish count where another high would complete a subdivided wave 3..
http://img514.images...eurod872ml0.png
Bear:
We can count A,B,1,2,3,4 with a 5 needed to complete C...then down
http://img100.images...eurod871oc0.png
Bull:
Looks like a W bottom ...over night ES tested the 8 ema and bounced hard, this is a 120 min all session ES
http://img100.images...eurod871oc0.png
ES 60 min all session...the bullish count where another high would complete a subdivided wave 3..
http://img514.images...eurod872ml0.png
Bear:
We can count A,B,1,2,3,4 with a 5 needed to complete C...then down
http://img100.images...eurod871oc0.png
