(11/02) new day a new age

abaqus

1190 suport is questionable now...or ???????????

windy

nnd, out

abaqus

bull doesn't give up yet... my guessing

abaqus

if we count overnight peak, ES just tested the peak, not new high

windy

my rhythm is off beat

take a break

abaqus

at mean time, please let's review the past 20 trading day price action type.

for discussion purpo ...
abaqus 发表于 2010-11-2 14:08

    Let's finish this...
   My point is,
   1. trade each day as range day as the beginning... since most time (80%) is range day
   2. after 45-min to 1.5 hour, you may have idea how the price action type

abaqus

my rhythm is off beat

take a break
windy 发表于 2010-11-2 14:55

    we should not see a big range move before tomorrow FOMC...

     

windy

ok, last one, long 90.65

西安

Let's finish this...
   My point is,
   1. trade each day as range day as the beginning. ...
abaqus 发表于 2010-11-2 14:58

Good point! I like this.

西安

14:45 gap bar should work. Let's see.

It is a win trade.

Diffusion

In the channel, three pushes up already. If we won't see a new high, maybe it is a good time to shor ...
西安 发表于 2010-11-2 14:39

    I'm totally lost after it breaks down the slow trend line. what might be a good setup for short? Testing high? My gut feeling is that there won't be one. Maybe with just 1 hour before market close, better call it a day now.

Diffusion

14:45 gap bar should work. Let's see.
西安 发表于 2010-11-2 15:10

    ema gap? that's for long?

西安

ema gap? that's for long?
Diffusion 发表于 2010-11-2 15:13

Yes, for long. In strong trending day, the first bar closed under 20 ema, usually, the market will try to move up above 20 ema.

Diffusion

Let's finish this...
   My point is,
   1. trade each day as range day as the beginning. ...
abaqus 发表于 2010-11-2 14:58

    Add one point, if it gapped beyond yesterday's extremes, then prepare for a trend day or open reversal. If within yesterday's extremes, then it's more likely a range day.

abaqus

I'm totally lost after it breaks down the slow trend line. what might be a good setup for  ...
Diffusion 发表于 2010-11-2 15:12

    very good...
    after the trend line break out, it could be
   1. going down much more & never come back
   2. 2 leg down & back test the trend line & then sell-off
   3. 2 leg down, pull back & keep going higher

we might use All-in strategy, basically, trade all set-up without gussing the next move more than 30-min.
So, short the trend line break out... in case, when it pull back, you migh make a little bit gain, normally, the loss should be small...

???? any comments, guys?

sorry, it is "without", typo

西安

I'm totally lost after it breaks down the slow trend line. what might be a good setup for  ...
Diffusion 发表于 2010-11-2 15:12

That good entry to short should be the spike of the third push, 13:55 bar. another one should be the bar  move back to the low channel. It will be the L2.

abaqus

Add one point, if it gapped beyond yesterday's extremes, then prepare for a trend day or o ...
Diffusion 发表于 2010-11-2 15:17

   

Diffusion

very good...
    after the trend line break out, it could be
   1. going down much more ...
abaqus 发表于 2010-11-2 15:19

    I'm more conservative. I elect to wait and see.

abaqus

anyway, took 1 point out...

Diffusion

That good entry to short should be the spike of the third push, 13:55 bar. another one should be ...
西安 发表于 2010-11-2 15:20

    13:55 bar is before trend line broken, right? I mean after... :(13):