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Old

Video

Posted 07-28-2009 at 05:20 PM by That One Guy

A video of what I am seeing. Just a test of an idea because I am too lazy to type and upload pictures everyday.
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Old

One more trade

Posted 07-28-2009 at 11:42 AM by That One Guy
Updated 07-28-2009 at 11:51 AM by That One Guy

Going to try one more trade here, the pull back into the 90-93 zone, which was rotation off the open. It resulted in a push up and failure at 1600 area. After it has failed after the 1600 failure, seems only proper to try a short. However, I have to keep in mind, the stopping point near the lower extreme of yesterdays trading. Currently short 1591.75 stop at 93.75 Tgt looking for a break down to the bigger time frame area of 1575.



Update

Owned yet again...
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Old

Trade

Posted 07-28-2009 at 11:32 AM by That One Guy

Broke 1590 pushed down to the lower short term extreme from yesterday, tried to short around 1590. Took another hit for 1.5 points. This journal will definitely outline the consistency in my losing
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Old

Tried a short

Posted 07-28-2009 at 11:07 AM by That One Guy
Updated 07-28-2009 at 11:51 AM by That One Guy

As stated earlier, I zoomed in to find some short term areas to play. I saw rotation from 1597-1600, so I waited for a pull back and a trigger to short. However, stopped out on news shakeout for 2.5 points. Oh well, I would be looking to BE now at this 1590 area, but the lower high at 1600 area makes me question bulls. Past 1590 full rotation down to 1575 possible in play
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Old

First off....

Posted 07-28-2009 at 10:00 AM by That One Guy
Updated 07-28-2009 at 11:51 AM by That One Guy

Here is what I see on the bigger time frame (NQ).



This area is like an upside objective. Bulls longing before/after the breakout, would have easily seen this. Knowing all that, the current balance area shouldn't come to a surprise.

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Attached Images
File Type: jpg Nqdaily.JPG (88.6 KB, 108 views)
File Type: jpg NQ 09-09 7_28_2009 (20 Range).jpg (80.9 KB, 147 views)
File Type: jpg sunday.JPG (37.0 KB, 73 views)
File Type: jpg NQ 09-09 7_24_2009 (4 Range).jpg (100.9 KB, 100 views)
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