Jump to content



Photo

shorted ES 1474.25


  • Please log in to reply
23 replies to this topic

#11 A-ha

A-ha

    Member

  • Traders-Talk User
  • 5,875 posts

Posted 27 August 2007 - 01:39 PM

Hmm, this is assuming we break the TL. What happens if we bounce from it?



we should not stay in this channel because the last move fell short of the upper line... there may be a shallow bounce off the bottom TL which is happening now, this will be the final move before the breakdown , it will soon turn and breakdown before testing fridays high

most of the channel breakdowns come after the peak that falls short off the top TL

for example RUT2K 4 year weekly channel... that index will eventually crater something like %20 %30


shorted ES btw 1474.25-1478.5 for a swing trade ... looking for a minimum 50 handles ;)

Edited by A-ha, 27 August 2007 - 01:48 PM.


#12 rkd80

rkd80

    Member

  • Traders-Talk User
  • 2,385 posts

Posted 27 August 2007 - 01:48 PM

Hmm, makes sense. What is that a pic of? Looks like a guy from Tango & Cash.
“be right and sit tight”

#13 A-ha

A-ha

    Member

  • Traders-Talk User
  • 5,875 posts

Posted 27 August 2007 - 01:50 PM

Hmm, makes sense.

What is that a pic of? Looks like a guy from Tango & Cash.



Yup, that guy, Robert D'Zar.

#14 rkd80

rkd80

    Member

  • Traders-Talk User
  • 2,385 posts

Posted 27 August 2007 - 01:54 PM

Lol, figured that looked like him - hehe, from goats to Robet Z'Dar. Go figure Atilla...go figure :)

Edited by rkd80, 27 August 2007 - 01:54 PM.

“be right and sit tight”

#15 A-ha

A-ha

    Member

  • Traders-Talk User
  • 5,875 posts

Posted 27 August 2007 - 01:59 PM

Lol, figured that looked like him - hehe, from goats to Robet Z'Dar. Go figure Atilla...go figure :)



That goat was mountain goat tho :P

here is one chart the goat showed me last night... its comiiiiinnnn :lol:


http://bp1.blogger.c...g. 27 13.20.gif

Edited by A-ha, 27 August 2007 - 02:00 PM.


#16 rkd80

rkd80

    Member

  • Traders-Talk User
  • 2,385 posts

Posted 27 August 2007 - 02:03 PM

Nice chart indeed. You consider yourself mostly a McGee style chartist? I saw you mentioned that you dont use indicators for the most part (other than your super duper climax bottom indicator).
“be right and sit tight”

#17 youmast

youmast

    Member

  • TT Patron+
  • 2,870 posts

Posted 27 August 2007 - 02:05 PM

Don't you think that instead of breaking this channel, it could break your nose first? Just kidding. :D

Posted Image

It doesn't mean we can't break the channel before my timing bottom on Tue-Wed. ;)



P.S.

BTW This movie is made by Russian guy, Andrei Konchalovsky.

#18 A-ha

A-ha

    Member

  • Traders-Talk User
  • 5,875 posts

Posted 27 August 2007 - 02:12 PM

Nice chart indeed. You consider yourself mostly a McGee style chartist? I saw you mentioned that you dont use indicators for the most part (other than your super duper climax bottom indicator).



I never studied Edwards & McGee but I mostly use patterns and trends

BTW This movie is made by Russian guy, Andrei Konchalovsky.



yes I know and he also gave a small role to a russian guy in the parking lot scene where cash demolished russian's car while chasing an asian snitch :lol:



Russian: You crazy! What did you do with my car?! I believe in perestroika !


Cash: Welcome to America!


#19 A-ha

A-ha

    Member

  • Traders-Talk User
  • 5,875 posts

Posted 27 August 2007 - 02:24 PM

look someone is watching the ground .... lets countdown together will yaa...

Posted Image

Posted Image

#20 rkd80

rkd80

    Member

  • Traders-Talk User
  • 2,385 posts

Posted 27 August 2007 - 03:05 PM

That movie was great and that scene with the Russian guy yelling at Cash was hillarious. Btw, that Russian who yelled was a pretty distinguished/famous actor back in the Soviet Union. Btw, nice call Atilla....called the late session breakdown pretty well!
“be right and sit tight”