MightyMouse

If you are tape reading without knowing who is doing the buying or selling, you will do as well trading as you would by making a trade decision based on the flip of a coin.

If you want to engage in purely random activity, go to a casino. At least there you get to see some short tight skirts on a variety of women.

20.50 stop is off. Be stop at 1310 is in.

If anyone is playing the home version, I took the trade at 1310 for very similar reasons that I took the short at 1295.5. This one, so far, looks like I made a good decision. That trade sucked. From about 6:30 Eastern, it looks like there was some selling in a shorter time frame. Looks really balanced on almost all timeframes which tells me nada. Sometimes you can tell if short sellers are holding prices down, allowing late buyers to buy all they want to subsequently hand them their ass, or buyers are holding up prices to allow knife catching short traders to call a top and use them to pave the way higher. It is becoming very likely that I will pull the 1320.50 stop soon and ride it down if we do go below 1320.75. It looks like there might be just enough selling for me to want to stay in.

Given the current conditions, if we do not go above 1328.75, I will bail if we trade 1320.75. That may change as conditions change.

My stop is now at 1309. I won't likely let it get to that. At this point I will at least take the break even trade if it comes back or if there is a negative development, I'll get out somewhere between 1310 and 1325. If we get to the 1334 area, I plan on adding and I will accelerate the adds when we break clearly from this hideous range. I need to put a holiday filter onto the indicators I use. I forgot to say that I love trading.

How can I forget. Roasted lamb on Sunday. It will make a believer out of anyone.

Sell stop for the long gets moved to 1299 and I'll move it up but not down. Zen stop is when price reaches 1226. Hopefully, we make a move into the 1330's, 1340's, or higher. I need motion. Sloppy chop can get the best of me.

exit stop is at 1305.75.

From someone in "Market Wizards": Amatuers go broke by taking large losses. Pros go broke by taking small winners.

stop entry at 1310. stop is at 1304.25 Stop is moved to 1305.50

I use range and reversal charts to map price and volume. I look at time as a function of range. I really do not look at time bars. I don't look for patterns to take trades, but I do make note of them when I see them.

Out at 1308 Getting long at 1310 or going short again at 1300.25

Bringing stop down to 1308 if we do not go lower than 1299.75

I have a few choice words for this market, but the most appropriate word at the moment is "Push" or possibly "Push Please".

Johnw, The simple answer is that it appeared to be continuing downward. When it has that appearance, I take the trade. If we were at 1270 instead of 1304, it would have been a brilliant entry. Unfortunately, it went to the latter and not the former. Time may change that, even though it appears very unlikely at the moment. MM

a miserable trade. I am committed to staying short until 1310. It seems a little too long for the price and volume, but I am biased by hope. The general direction is down, but we are in a balancing range where shorter term currents prevail. If we get to 1310, i will probably reverse.

Filled at 95.5 and stop is at 1310.50 and trailing it down

US treasuries become riskier and the tnotes and tbonds rally. Go figure. I am still shorting this when it hits 1295.5

moving the stop entry for the short up to 1295.5

Shorting 1294.00 when it gets there. Last trade was a small gain, but categorically a dud.

Doubtful i will survive being stopped out. If I do get taken out at 98.5, i'll try to get back in at a lower price if we stay below 1306.

if we do not go below 90.25, i am out at 98.5

Hopefully, the heavy stuff starts to come in here after lunch. Loots like there was a lot of bottom fishing They buyers could certainly win. Stop is still at 1306.25

Not exitting at 99.5