You would have done extremely well if you had placed the same buy stop order yesterday around 3663, ie if you had really wanted to take a chance. that was a major support line off daily and 4 hr and also after a non stop drop those are usually good ...

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Me too. 11am est is the max I will place order if there is a valid set up, fridays can be whacky. Have no desire to keep a trade open through the weekend and then 2012 happens early

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I wouldnt use buy/sell stop orders if it is counter trend. Did that before and price moves in the main trend faster than the other way, unless you are at a very significant s/r of course. I use small positions for counter trend either way.

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had a pending long but it didnt pick up lol....

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Patience is your real edge. It pays off nicely for you. Waiting as well.

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waiting for a re-test of the range and fail

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You did well... good trade

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same here, bought at 70. You got a better price

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I gave up range trading long time ago, it's just not worth it in a 50 or less pip range. but if you must trade, try to enter on a full bullish candle or full bearish candle near the top and bottom of the range. Just make sure it is a small position ...

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What about gunners piercing through 52 and then retreating back into the range, dont you think we should keep the fake heads in mind too, considering the overall daily trend is down?

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Hear hear... well put.

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Looks like noone is blinking yet, just back to nibbling lol

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yeah that's what it was, just a nibble. still dont trust this up move, could be pump and dump

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sold at 39, small position of course

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50 pip ranger party going on.. let's see how long it lasts.

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That guy really is "fawlty" lol... he is implying that he and his "pro" trader buddies make 1000s of pips with 1 or 2 traders a month, and yet he chooses to spend time in front of the computer on a "juvenile" day like today. And he forgets that most ...

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I hate to point out the obvious but those same retail investors dont lurk around in forums either. This is a public forum and most are day traders with a few exceptions. By the way, if I had friends like that, I wouldnt be in a forum either during ...

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Uhh... dude, here is a simple solution to your problem Dont like someone in FF = Ignore button. I didnt find anything arrogant in his posts today. He only confirms what he stated earlier. Too bad YOU are not doing the same thing.

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Cloggie is older than most of us in ff. Most of his posts are just stating facts and simple analysis. So what if he sometimes goes off a bit? It's his way of teaching. If you think that's tough, you should try having a kung fu mentor lol P.S- he ...

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Maybe he has euro shorts on lol

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