Expecting a short term bounce
Insider
Edited by Insider, 06 June 2007 - 10:20 AM.
Covered all
Started by
Insider
, Jun 06 2007 10:11 AM
5 replies to this topic
#1
Insider
-
- Traders-Talk User
- 1,393 posts
Member
Posted 06 June 2007 - 10:11 AM
at 1519.50 (+14.5) and went LONG the DAX (10 contracts) at 7750
Expecting a short term bounce
Insider
Expecting a short term bounce
Insider
#2
fib_1618
-
- Traders-Talk User
- 10,145 posts
Member
Posted 06 June 2007 - 10:23 AM
Nicely done.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
Technical Watch Subscriptions
#3
Mr Dev
-
- Traders-Talk User
- 11,528 posts
Member
Posted 06 June 2007 - 10:25 AM
take no prisoners 
.. .. ..
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
Cirrus
-
- TT Patron+
- 5,735 posts
Member
Posted 06 June 2007 - 10:34 AM
Going long with breadth like this is fighting the odds. This breadth with the session approaching halftime is screeming a trend day to the downside.
If you want to buy you will get a better deal late in the session--not a guarantee but very likely.
#5
jjc
-
- Traders-Talk User
- 2,886 posts
Member
Posted 06 June 2007 - 10:41 AM
Going long with breadth like this is fighting the odds. This breadth with the session approaching halftime is screeming a trend day to the downside.
If you want to buy you will get a better deal late in the session--not a guarantee but very likely.
Cirrus,
Good point.... I notice yesterday was nearly a perfect trend day if you shifted left in time so that
the start was actually Euro land time. I suspect today will be the same.. with upward consolidation
occurring soon.
good luck.
#6
Insider
-
- Traders-Talk User
- 1,393 posts
Member
Posted 06 June 2007 - 11:01 AM
Going long with breadth like this is fighting the odds. This breadth with the session approaching halftime is screeming a trend day to the downside.
If you want to buy you will get a better deal late in the session--not a guarantee but very likely.
You are right
Insider
