Shorted some...
Started by
NAV
, May 10 2007 09:11 AM
6 replies to this topic
#1
Posted 10 May 2007 - 09:11 AM
YM @ 13346. Will short more on any attempt for a gap-fill, which i doubt will happen today.
#2
Posted 10 May 2007 - 09:36 AM
Today is a key day. If we manage to close in the red, my system will generate a sell signal on the daily charts. Otherwise, the bull trend continues....
#3
Posted 10 May 2007 - 10:21 AM
First support ES 1504. Then ES 1494. If ES 1494 cracks, then a larger degree decline has begun. Taking it one baby step at a time.
#4
Posted 10 May 2007 - 10:37 AM
Thanks for your other BSE post. I went short after reading it. Before that, I was ambivalent about whether the gap would close or not, but your BSE chart was very convincing about the decline
It is not the doing that is difficult, but the knowing
It's the illiquidity, stupid !
It's the illiquidity, stupid !
#5
Posted 10 May 2007 - 11:07 AM
Thanks for your other BSE post. I went short after reading it. Before that, I was ambivalent about whether the gap would close or not, but your BSE chart was very convincing about the decline
You are welcome.
#6
Posted 10 May 2007 - 11:24 AM
but tell me something, if you trade NIFTY all day and ES all night, when do you sleep and do other things?
Oh, also please let me know, when to cover (your broker asks you to sell). do you want to start a hotline like da chiep?
It is not the doing that is difficult, but the knowing
It's the illiquidity, stupid !
It's the illiquidity, stupid !
#7
Posted 10 May 2007 - 09:51 PM
but tell me something, if you trade NIFTY all day and ES all night, when do you sleep and do other things?
There's plenty of time, if one is a full-time trader. I read books, while i trade. I go for multiple walks during the trading day. I meditate for 30-minutes. I go swimming with my son for an hour between the India and U.S session. I take nap between the India and U.S session. I sleep like log after the U.S session. I work 16 hours and sleep 8-9 hours cumulative, which is plenty for an adult.