Edited by NAV, 05 June 2007 - 11:18 AM.
Taking some more profits....
#1
Posted 05 June 2007 - 11:17 AM
#2
Posted 05 June 2007 - 11:20 AM
It's the illiquidity, stupid !
#3
Posted 05 June 2007 - 11:22 AM
#4
Posted 05 June 2007 - 11:25 AM
Edited by Mr Dev, 05 June 2007 - 11:27 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!
#5
Posted 05 June 2007 - 11:34 AM
The distributive channel from the last few days is now broken. A retest of the channel lower boundary (ES 1530-32 area) should setup another good intraday short. We'll see....
Edited by NAV, 05 June 2007 - 11:35 AM.
#6
Posted 05 June 2007 - 12:12 PM
Thanks guys. Had to take a bit of heat on that trade yesterday. Feels good when the payoff comes though !
The distributive channel from the last few days is now broken. A retest of the channel lower boundary (ES 1530-32 area) should setup another good intraday short. We'll see....
Nice trading as usual. I have been watching the channel myself.
#7
Posted 05 June 2007 - 12:18 PM
http://stockcharts.com/c-sc/sc?s=$VIX&p=D&yr=0&mn=4&dy=0&i=p80689482492&r=7085.png
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=4&dy=0&i=p80689482492&r=9666.png
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/