Edited by Mr Dev, 16 May 2007 - 09:39 AM.
RUT Trade shifted..
Started by
Mr Dev
, May 16 2007 09:38 AM
2 replies to this topic
#1
Mr Dev
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Posted 16 May 2007 - 09:38 AM
Trying to take advantage of a possible 1% difference between the RYIRX and the RYVNX so I shifted 50%
of all funds over to the short the NDX here on this nice little POP.
I may move some of this back into cash if it pays off at the end of day,... only because I've been out of the Strong Dollar for a couple days and I may want to put a little back in there.
Also have been out of UTLs for many days now and may want to put a little back into that.... and I haven't been playing in the Precious Metals and may look into that.
I hope all will trade well today, time for my workout
.. .. ..
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!
#2
tozwp
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Posted 16 May 2007 - 09:49 AM
Ahh, the power of those daily and weekly signals. I've got a buy on my shorter intraday charts and have been scalping the long side but this sure feels heavy here. Hard to fight those longer term larger signals here. Just can't get myself to commit to a longer term short here as I've been hit too many times in the past. Guess that's a good fade and it makes me a bull! I'll stick to the scalps for now but those weekly signals rolling over have my attention.
#3
Mr Dev
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Posted 16 May 2007 - 09:58 AM
Ahh, the power of those daily and weekly signals. I've got a buy on my shorter intraday charts and have been scalping the long side but this sure feels heavy here. Hard to fight those longer term larger signals here. Just can't get myself to commit to a longer term short here as I've been hit too many times in the past. Guess that's a good fade and it makes me a bull! I'll stick to the scalps for now but those weekly signals rolling over have my attention.
You said it .... it's a hard trade and there are a lot of traders that feel exactly like you.
I'll always put more weight on my technicals then my gut.... which has been beat up more than a few times.
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*Hmm NDX just erased that +.50 % gains.... or about 10 points well the days not over but that was a quick 1% and I'll take it
MrMarket just give it to me at the end of day.... or more if you want to.
Edited by Mr Dev, 16 May 2007 - 09:59 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!
