tag:blogger.com,1999:blog-1325562478910773152.post6953036784893878661..comments2023-10-05T07:58:27.997-04:00Comments on OONR7: Up, down...Unknownnoreply@blogger.comBlogger5125tag:blogger.com,1999:blog-1325562478910773152.post-91927657021989027042008-09-27T03:02:00.000-04:002008-09-27T03:02:00.000-04:00traderam: thanks, feels good to make money even wh...traderam: thanks, feels good to make money even while my watchlist aren't what I'm used to. As for the 2nd entry... it pretty much met the criteria I look for which is resistance from the 5ema on the :15 and confirmation of a downward move off the 3-min chart (using the 20ema as resistance). I was really just planning to scalp to the ORL but it didn't work out. <BR/>I mentioned in some other posts that I've been a bit conservative in my entries and letting my winners ride, but I'm close to finally implementing some things to help me squeeze out more profit especially if I've already made a decent profit on the day. Didn't work Friday but I'm hoping it will in the future.OONR7https://www.blogger.com/profile/17622886234639917711noreply@blogger.comtag:blogger.com,1999:blog-1325562478910773152.post-14168544939920856512008-09-26T18:58:00.000-04:002008-09-26T18:58:00.000-04:00took SDS long near 38.2% Trader X fibbo. split th...took SDS long near 38.2% Trader X fibbo. split the order for partial & stop loss. got stopped on 1/2 on the run below $68 and then of course it ran up past 68.80R level to the round number 69... the good news is i still had the partial sell in, so i dropped it at first bounce back above 68, at like 68.20. <BR/><BR/>gave it about a quarter on the stop loss, which probably isnt enough for a 2x ETF over $65/share... still, my loss was small although i am still not amused when it moves to my target afer a stop run by the GOONS!QQQBallhttps://www.blogger.com/profile/04059571448402225732noreply@blogger.comtag:blogger.com,1999:blog-1325562478910773152.post-85414158092566817752008-09-26T18:30:00.000-04:002008-09-26T18:30:00.000-04:00Hello 00nr7.Yep, CMI very nice trade. Just out of ...Hello 00nr7.<BR/><BR/>Yep, CMI very nice trade. Just out of interest, CMI, 2nd trade off 12:45 low, what was your thinking on that one ? As I can't see an entry there on my charts.<BR/><BR/>Good week, by the way. Nice trading in a tough market.<BR/><BR/>ThanksTraderAmhttps://www.blogger.com/profile/14729865782745541361noreply@blogger.comtag:blogger.com,1999:blog-1325562478910773152.post-13402683639220491562008-09-26T18:19:00.000-04:002008-09-26T18:19:00.000-04:00tyler... thanks, almost wish I would've stopped tr...tyler... thanks, almost wish I would've stopped trading after that. But, yes, I do look at the :15 for my initial signal then look at the :03 chart for confirmation. What I mean by confirmation is how price is interacting with the 5, 10 and 20ema. I usually like to see a 2 bar move in the direction of that gap that coincides with the signal on the :15 chart.OONR7https://www.blogger.com/profile/17622886234639917711noreply@blogger.comtag:blogger.com,1999:blog-1325562478910773152.post-37781311374727848252008-09-26T16:33:00.000-04:002008-09-26T16:33:00.000-04:0000NR7,That was a great short in CMI! Do you find ...00NR7,<BR/><BR/>That was a great short in CMI! Do you find your ideas on the 15 minute chart and then trade the 1 minute chart?<BR/><BR/>Have a good weekend.<BR/><BR/>TylerTylerhttps://www.blogger.com/profile/10041866145486659876noreply@blogger.com