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joshdance
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Everything posted by joshdance
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I think the bulls are toast. 1329 anyone, with a nice pause at 1348?
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You're not saying this is some tradeable instrument are you? Sorry I'm confused... what do you mean the spread ratio that people use to trade it? :missy:
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Is this ratio widely used, or of your own creation? Do you also chart the dow as a ratio?
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Did indeed get stopped out, and did indeed reverse to short. Now I am flat, and done for the day. See you all tomorrow.
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Going to get a little food.. some of my best trades are when I'm not here to muck them up Stop is 65, will reverse short there, target is 71.50 on all units.
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Bought 66.50 again. ...
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Sorry for after the fact, but I bought 66.50 on the rotation to 66 .. was a bit worried but now stop is at BE, just ahead of beige book and budget balance .. wanted to scale 69 but holding above the open so will hold and look for 71.50 and then 73 .. will stop out at 66.50 EDIT: out at BE, damn this market today, what shit. Due to terrible timing, I have consistently failed to have good trades. I keep forgetting, this is a 6.50 range day so far...
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Do You Want Your Learning Curve to Look Like This?
joshdance replied to pipbanker's topic in Beginners Forum
MT4 ... someone needs help learning the most basic, underpowered, antiquated trading/charting software available? MT4 is newbie bait, which is why so many snake oil vendors advertise with it. -
I'm out of this, and probably off for a break.... crappy market + crappy trading => crappy results
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:shocked: .. a few weeks?? I can't imagine giving something up if not successful within a few weeks... that's a pretty minuscule period of time in the big picture!
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I shorted 65 here tom -- if your location is crap, mine is... would you say... worthy of "Dung Heap Trading" designation? :embarassed:
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Are you asking me to be quiet? j/k These are all managed with stops in place, no worries... I have the tape up and can always see it peripherally even if I'm not staring right at it. With that said, I'm out at 66.25 if it trades as that's my BE on my 2nd unit. Indeed, nasty is the word I was thinking too. I don't like to take that view too often, but when it's true, it's true. Not really clear, not very directional, and very good at getting people to commit. It works best this way after a 26 point uni-directional day, when everyone wants to get in on the action they missed the previous day... just chop around and screw 'em.
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fitch affirms CNY's A+, stable outlook I took 3 ticks at 67, just enough to be able to hold my stop at 65.50 and be breakeven, looking for rotation to 68/69 still.
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took my profit at 66.25 on 2nd part here, looking for a rotation back up to consider another short. edit 11:23 also, just opened long 66.25 for a scalp to 67.75 and possibly 69.
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Yeah but we spammers find a way around it don't we??!? :spam: :boxing:
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:rofl: ! :rofl:
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scaled 66.25, looking for 64 on the rest edit: actually, you know what? I'll push my luck and leave the stop at 68 (BE), and just see if this market will give me sometime later today a move back down to 60. That would make my day.
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They fix it quick here at TL!! N, by the way, when are you guys going to remove the 20 character limit, I see even you are having to use shortcuts to be able to post one-liners!
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Yes, but I have shorted 68 to keep me awake.
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I'm out of my long here, and probably just at the wrong time, but I gave it plenty of time and room to work, and I'll just have to get back in if it's still a good long. I know it's vwap and 50%, but I'm not going to let a +3 pointer turn into a loser. Very often when I scale too early I think "I should have held longer," but I often scale for a reason, and should have done so here at 70... I'd still be long and have banked +3.
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Normally I would not look to buy ahead of this break into new territory, normally I'd be looking to short based on this profile, but I think the action calls for a different course. That being said, she sure is struggling to get up at the moment...
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I will give it one tick to work, but my upper targets are 71.50, just below Friday's low after NFP, and 73.00, top of a balance from yesterday.
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I reversed to long just now at 67.50. I think I should still be long from 65.75, and that this short was not a wise move. Why else would we trade back up into balance after trading below? So, I'm long, and if I get shaken out, this will be the most whipped around I've been in a while.
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sold at 67.75 ......... will only give it to 68.75
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out flat for a scratch ... F this market so far, is all I gotta say ..