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#1 hiker

hiker

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Posted 27 July 2007 - 01:58 PM

sorry did not have time earlier today to post long entry here two candle highs now above 200sma on 5 min...I flip long to short...with size...daytrade only.. may be short not good idea see 148.40 to 50 as horizontal area from am 5min now being approached.,..i will probably get hosed on this short but worth a shot...why i have to post these trades is beyond me...I like to show iffy trades sometimes cause i do take them when had a good day.

Edited by hiker, 27 July 2007 - 02:01 PM.


#2 hiker

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Posted 27 July 2007 - 02:38 PM

price just now moving back to the 200sma on 1 min when incl all extended sessions..now through it..still short

Edited by hiker, 27 July 2007 - 02:39 PM.


#3 denleo

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Posted 27 July 2007 - 02:45 PM

Nice trading Steve. Gutsy! Good luck with a trade. Denleo

#4 hiker

hiker

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Posted 27 July 2007 - 02:48 PM

hey Dennis...there was a downtrend line there on the 1 min and 5 min intraday...could have gone either way, but risk management was less than 40 cents away, so a favorable risk/reward at the time...I am out now for about 1.20+ or so profit ..taking the rest of the week off for now. 2day trendline is what I am talking about on 5 min the price is following down the 5sma on the 1min..even still peace to all... hey, Dennis I spent part of the a.m. at Teton Pass summit for a few hours...looking over the cool cloud formations on the Wyoming side...it sure beats being in front of the computer...had a great little road trip with some short hiking. good trading day was all set up when returned to office

Edited by hiker, 27 July 2007 - 02:56 PM.