Sell Into Strength
#1
Posted 13 August 2014 - 10:59 AM
#2
Posted 13 August 2014 - 11:04 AM
Edited by Mr Dev, 13 August 2014 - 11:14 AM.
.. .. ..
Mr Dev
......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!
#3
Posted 13 August 2014 - 11:16 AM
Edited by redfoliage2, 13 August 2014 - 11:20 AM.
#4
Posted 13 August 2014 - 11:33 AM
Watch out for the Russian convoy at the Ukraine border tonight...........
It really reminds me of Nazi Germany in Czechoslovakia pre WWII.
#5
Posted 13 August 2014 - 11:37 AM
its always hard to take a shot, shorting the strongest horse in the race...if that's courage i admire it.. good luck ..
i do think patience will be rewarded.
Nothing to do with courage but more with statistics. Volume formations indicate that the NDX (red curve) is only at half the strength of the SPX (blue curve). Sorry about the crude chart. It's for my personal consumption.
I'm watching how the SPX closes today. If it failed to close above 1940 again, then down it goes.
Good luck and good trading.
Edited by TechMan, 13 August 2014 - 11:41 AM.
#6
Posted 13 August 2014 - 11:55 AM
Youtube JBCycles
#7
Posted 13 August 2014 - 12:22 PM
i simply trade better when im using a different set of statistics ...which are buy long the strong, and short the weak .
Nothing to do with courage but more with statistics. Volume formations indicate that the NDX (red curve) is only at half the strength of the SPX (blue curve). Sorry about the crude chart. It's for my personal consumption.
I'm watching how the SPX closes today. If it failed to close above 1940 again, then down it goes.
Good luck and good trading.
.. .. ..
Mr Dev
......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!
#8
Posted 13 August 2014 - 03:01 PM
SPX has been hanging in a 3-point range the entire afternoon. And, the EUR/USD is as dead as it could possibly be. Meanwhile, QQQ is still at 96.40. There's been not much movement at 96.40 line of scrimmage.
I'm out at 1.88 (-1.05%). Getting ready for my CSCO post earning "fast money" trade after the bell. I'll see you on the other side.
#9
Posted 13 August 2014 - 03:45 PM
Getting ready for my CSCO post earning "fast money" trade after the bell. I'll see you on the other side.
Looks like I had covered my CSCO short position too early on that 4% plunge following the initial 3% post-earning pop. Darn it!
#10
Posted 13 August 2014 - 04:25 PM
Getting ready for my CSCO post earning "fast money" trade after the bell. I'll see you on the other side.
Looks like I had covered my CSCO short position too early on that 4% plunge following the initial 3% post-earning pop. Darn it!
I wish I could do that quick trade stuff. Not my forte! You going to re-position short tomorrow on the QQQ's with CSCO leading down?