smbtnt

Attached is the daily chart of NQ. Price approaching 50% retrace from OCT 2007 highs in conjunction with a TL from the highs. Horizontal confluence@ 1650. Is the trendline of any significance? Comments?

I found this post on "Article from The Times" interesting and have nominated it accordingly for "Topic Of The Month January, 2009"

amazing, quite amazing, we are surely near the end now, sometime this week....

anyone looking at the eminis today? Looks very rangebound.... are we waiting for some news etc?

I actioned a 11125 short and was out for pittance as usual... look at that 1211 trade on ES i mentioned earlier... clean bounce off it...

Lovely trade- was right behind you there - in spirit ofcourse;)

out for -8

shoprt YM 920 -

ouch this will hurt as we enter the range again and stopped out for -20....

sell 830 - assuming s/r switch and retest

brave trade mate at PDL, am personall expecting a break of 800 but no signal to short yet...

ok so still private

Hi fw, where are we posting live trades today mate? here or public? if public, which thread?

Breaktime for me...

Look at ES perfect DT at YM's equivalent of R 1222. YM decides to make a HH instead:( but maybe just a spike out and close below R. Doubts creeping in whether we can hold 11k now... 11050 short would be the obvious pullback level for entry. Then await breakout and pullback again for continuation...

switch level is at 1710 dude....which coincides with my 11175 to 11200 R zone...kinda...

11130 would have been entry but this made a higher high....interesting, cannot seem to read it very well. Either too late or too early, mght have to wait until post lunch for myself and markets to sync up...

Yes 5 minutes is an eternity and 20 pip spike outs are common off s/r levels... 10 pips is suicidal...

Once we broke 11120 , I put a limit in at 11100 for the long but did not get filled.

all out of shorts now, next target upwards is 11175-ish

This bounced off 50% retrace and previous R at 11065, now lets see if we make a lower high or a higher high... Moved stop to breakeven at 11122

I trade off 5mins bars but this YM is giving signals off 1minute... Really not enjoying this volatility.....how quick is this??!!

banked 40 as against trend...rest at b/e

Bit late but shorted 120.

cool, I had 290, unfortunately that was my target for my contralong. It was also a level... c'est la vie. I should have waited for the breakout pullback trade as opposed to gunning for the LOD....