Edited by Mr Dev, 23 May 2007 - 10:00 AM.
NDX & RUT THOUGHTS
#1
Posted 23 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!
#2
Posted 23 May 2007 - 10:14 AM
#3
Posted 23 May 2007 - 10:17 AM
Edited by Mr Dev, 23 May 2007 - 10:19 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!
#4
Posted 23 May 2007 - 10:33 AM
heavy seller seems to be in the futures
I would say heavy players (large # contracts). Both directions up volume leads down by 2.66 on ES over the last 15 minutes.
There is a chance we say the buying frenzy to put a period on the end of the uptrend would like to see that negative over a half hour to confirm there is no trend, however it seems traders are too fearful of being the bagholder here which probably means higher prices. 1532 ES I'm watching closely as well as my (day) trend indicators.
heavy seller seems to be in the futures
I would say heavy players (large # contracts). Both directions up volume leads down by 2.66 on ES over the last 15 minutes.
There is a chance we say the buying frenzy to put a period on the end of the uptrend would like to see that negative over a half hour to confirm there is no trend, however it seems traders are too fearful of being the bagholder here which probably means higher prices. 1532 ES I'm watching closely as well as my (day) trend indicators.
No Trend. Short it.
#5
Posted 23 May 2007 - 10:57 AM
#6
Posted 23 May 2007 - 11:44 AM
heavy seller seems to be in the futures
I would say heavy players (large # contracts). Both directions up volume leads down by 2.66 on ES over the last 15 minutes.
There is a chance we say the buying frenzy to put a period on the end of the uptrend would like to see that negative over a half hour to confirm there is no trend, however it seems traders are too fearful of being the bagholder here which probably means higher prices. 1532 ES I'm watching closely as well as my (day) trend indicators.
heavy seller seems to be in the futures
I would say heavy players (large # contracts). Both directions up volume leads down by 2.66 on ES over the last 15 minutes.
There is a chance we say the buying frenzy to put a period on the end of the uptrend would like to see that negative over a half hour to confirm there is no trend, however it seems traders are too fearful of being the bagholder here which probably means higher prices. 1532 ES I'm watching closely as well as my (day) trend indicators.
No Trend. Short it.
Last post. Sorry Mr Dev for polluting your thread with all this short term crap.
Based on TOD parameters, I'm scratching my short here with a half point loss (Time based Stop).
Done for the day. good luck all.
#7
Posted 23 May 2007 - 01:30 PM
What is your current take on the dollar? How does a potential move in the dollar fit in with your consideration of the, stock index, gold and oil outlook?
It's a tiny bit overbought here so lets see what the pull back look like.
It my trade sideways for a week,...but then I think the next move is up.
Sorry Mr Dev for polluting your thread with all this short term crap.
Based on TOD parameters, I'm scratching my short here with a half point loss (Time based Stop).
Done for the day. good luck all.
no worries! I don't own the thread,.. we all share.
.. .. ..
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!