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Everything posted by firewalker
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It's a cliché but it's true: Flat is also a position!
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thx Buzz... I was afk there and noticed we ended up about where we opened today. Typical action after a trending day. Hope you are doing well, I hope this week is the turning point for me where things finally start to go 'normal' again. Good trading!
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I'm scaling out a bit at 430... for +110 do I love September or what! after two miserable months I'm having two fantastic days... let's hope it's not a coincidence
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exit half at 490 again for +50 stop BE see you back at the end of the day!
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yeah let's bring on those trades I was stopped out breakeven on the remainder of my position but re-entered at 540 now... still looks like supply is present there.
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out 1/3rd of my position at 490 for +55 remainder stop BE
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You'll start trading e-minis?? Don't blame me when things turn out badly :o
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You have to keep things in perspective Dinos, not everybody makes 10 trades per day... I make one, two maximum, the rest of the time I'm a vulture waiting patiently to attacks it's prey...
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You know trading is 90% preparation and 10% execution I posted couple of trades yesterday, none so far today... but here goes: DOW short 545.
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Market Analysis September 3rd, 2008
firewalker replied to Soultrader's topic in Market News & Analysis
Don't know much about the Nikkei... but I do track the ES: Absolutely agree. The area surrounding 1262 has been important on several occasions in the past. If we fall back below it, it's bound to bring some selling with it. -
:doh: what a trap pre-market... get everybody offside and let it plunge rollercoaster ride!
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Good going cowpip!! Excellent call about that 192...
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that means out breakeven and I wish now I left that one running!
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half out 730 for +32 stop breakeven other half
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hi 86834... that would be my long as well... did you trade during the summer? I had a pretty rough time in summermonths...
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DOW long 11698... pullback to support
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out 1293 = +8
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stop @ 1300..
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I don't think I ever put my feet up :o I usually put on a trade in first 30 minutes... Premarket trades hmm not that much... especially because it's also news-surrounding and risky imo. But these days some of the best moves happen premarket :\
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ES short 1301..
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out with -2, the DOW is majestic...
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what a move premarket!
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NQ short 1906.
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:doh: well I would not... unless that's on support than I would scale out...
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Yeah, so why go long? Let me put it this way: would you be closing a short if you were in?