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- webart replied Oct 18, 2011
I got some more spare change (8 pips) from the double top and also one of my lines at 70 (sliding channel due to a breakout of the original channel) down to 44. Now its the news in 10 mins so will see what violence that unleashes on the market. ...
- webart replied Oct 17, 2011
Here's my chart at the moment for whats it's worth. Personally I think trying to go long or even short on a swing right now is just trading the (unknown) fundamentals. That's why I have been scalping more aggressively than ever, I just don't trust ...
- webart replied Oct 17, 2011
Selling a break of this median ... not takers yet .... Ed - Sold +8 .. might take it again if it confirms resistance on the same line. image Ed - No go on the reload .. it broke back above 50%. No real takers and slow momemtum on the break down ...
- webart replied Oct 17, 2011
And so it did break and there she goes, me waving good bye to it heh. On my second chart it shows the down channel (only slightly slopping down) created Friday. It is respecting this channel and support there now. image image So we are at 50% of ...
- webart replied Oct 17, 2011
Short 10270, looking for a break out from 50 .. risky could be a reversal here, but if it breaks should be a good trade. Closed +8, take em while they are green here .. don't trust the U.S market to break down further here without decent bounce. If ...
- webart replied Oct 17, 2011
Hanging on the edge the current upchannel created on the 13th, also confirmed respect to the newly formed down channel from Friday. A break from here should be a cliff.
- webart replied Oct 17, 2011
hehe yeah scalp trader or scared trader. I'm holding this one +15 as I type. I find though I can get a good percentage of wins at 15-20 points which is good me phycologically .... I'm trying to be brave on this current trade .. Now my +15 is back to ...
- webart replied Oct 17, 2011
I have been posting my trades here, as I thought it might help my trading, make me think about my trades more, think out allowed .. post my charts to .. hope that is appropriate. My trades for this morning turned out as planned I took 15 pips out of ...
- webart replied Oct 16, 2011
On a spot trade setup, I'll would be waiting to see where it opens, see if we get a gap down or not. Then I would be looking for short with a target of 285. As can be seen on my chart, we stopped on the 38 I mentioned, a level that is quite old now, ...
- webart replied Oct 14, 2011
I think it will hit something at 28 (small resistance) and 38 (bigger) first. EDIT oops also a decent line at 21, just bounced off that.
- webart replied Oct 14, 2011
Oh what a shame it was good news hehe. There goes my shorting idea. Edit Long 10272, support where resistance was top of the upchannel it broke from. Closed 10298.
- webart replied Oct 14, 2011
The fundamentals sometimes do spoil the beautiful technical market ! Those dam fundamentals ! BUT most of the time really they go hand in hand. Also on a smaller time frame the technicals can do their stuff inbetween the fundamentals. It all about ...
- webart replied Oct 14, 2011
Nice trade, those are the ones you want. I was just playing it on a very short time scale with small channels + the fibs, it did what it was suppose to do, but have to jump out quickly once it completed the move in the channels ... limit orders do ...
- webart replied Oct 14, 2011
Who's thinking long if we get 618 retrace on this spike ? EDIT Done Long 217, off a short term median .. prepared to take the heat down to 618 if needed. Closed for 12pip scalp. This market makes me too nervous ! I want to keep my up sloping equity ...
- webart replied Oct 14, 2011
It still all about the line now at about 55. It's dosn't want to leave it, so I am sitting on my hands for now. Based on recent form, when it does decide to move it will be fast and violent to the next level. EDIT, looking in finer detail it is ...
- webart replied Oct 13, 2011
Took my 20point finally at the bottom of this short term channel. Now I can sleep easy ! Good luck.
- webart replied Oct 13, 2011
It's all the S&P in the end ! I'm still short, but its been Red, Green, Red Green, Red Green for hours... it just can't break that 37 again .. i count 7 tries to get through and even when it did once it bounced.
- webart replied Oct 13, 2011
Cliff bellow 37 !
- webart replied Oct 13, 2011
Yes ... so much S&R to choose from though, add it all together its at every level almost ! Interesting move today .. I've seen this before, a big spike up and then a ranging shock wave after, ranging smaller and smaller (lower highs and higher ...
- webart replied Oct 13, 2011
Came within a whisker of my double top ... back on that long term median. Now moving into Euro mode .. so it's going to get pulled around.