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MarcVUM replied Jul 23, 2010A/U — Good Morning. I woke up late and see that it is definitely Freaky Friday!
PA on A/U hit the 200sma on the Daily TF and although PA has not touched the 150ema on the M15 yet I have removed the long position that I had. In most cases ...Nearly Naked (Simple Trades)
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MarcVUM replied Jul 22, 2010You have it right where I have it. There's about 25 pips between current PA and D PP right now. Here's the chart. The hotpink ma is where PA will bounce if of course it reaches it! The 62ema is holding it right now and since the light green 50ma is ...
Nearly Naked (Simple Trades)
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MarcVUM replied Jul 22, 2010Alright. Signing off. I shouldn't even be trading since quota for the week was hit like 16 hours ago... that little long on A/U should be just fine while I sleep! I need to find a smiley that is dreaming of pips!! image Good night!
Nearly Naked (Simple Trades)
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MarcVUM replied Jul 22, 2010Oh, don't worry about those... they are just alerts that I setup for when the 21ema and 35sma cross. You can see the 2 green arrows as well... those two ma's were just playing with each other earlier.
Nearly Naked (Simple Trades)
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MarcVUM replied Jul 22, 2010Anywhere between here and D PP.. the 150ema on M15 is right at D PP right now. In my playbook there's a 99% chance of bouncing off of it if it reaches it so I'm not concerned about the trade. I think the worst case scenario is that it goes back up ...
Nearly Naked (Simple Trades)
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MarcVUM replied Jul 22, 2010E/A — I think someone thought it would be funny to put my first initial on the chart!
No, my take is that it's going down down down. Same play as A/U but in reverse.Nearly Naked (Simple Trades)
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MarcVUM replied Jul 22, 2010Does anyone have any suggestions for computer games or online games to play while watching PA?? I'm bored with my Solitare, Chess and Battleship games after years of play! image
Nearly Naked (Simple Trades)
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MarcVUM replied Jul 22, 2010Did you just get taken out of A/U? I'll be adding to my position if we hit that 150ema I was looking for.
Nearly Naked (Simple Trades)
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MarcVUM replied Jul 22, 2010Hi Coke. What book was it that you recommended on patterns?
Backing Trades Thru Charts
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MarcVUM replied Jul 22, 2010Ohh I don't know. Maybe we'll get 9000 out of it. I'll just let it run and keep moving my S/L up as we go. S/L right now is 8850. The chance of hitting DP at this point is slim to none since the 150ema is right on it and continues to move higher as ...
Nearly Naked (Simple Trades)
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MarcVUM replied Jul 22, 2010A/U — Ok. I'm in! Took it right at the dark green 50ma. The boat better not sink now.
Nearly Naked (Simple Trades)
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MarcVUM replied Jul 22, 2010
Sweet! But hey thanks for making me feel better about the situation!
Nearly Naked (Simple Trades)
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MarcVUM replied Jul 22, 2010image I know... it just won't come down!! I feel like the boat is leaving me behind. I'm going to have to have a word with the London boys and girls!! Driving price up while I sleep...how dare they!
Nearly Naked (Simple Trades)
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MarcVUM replied Jul 22, 2010A/U — Amy, I saw on your thread that you are looking at 8915 as a place to possibly go long on A/U. I will be joining you but we may get a better price if it decides to make its way down to DP. Ideally I would like to take the long up against ...
Nearly Naked (Simple Trades)
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MarcVUM replied Jul 22, 2010A/U — Hi Tuner. You know that MA's are a large part of my trading... here's a cross happening on A/U right now with the 21ema and 35sma.
Nearly Naked (Simple Trades)
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MarcVUM replied Jul 22, 2010A/U — A/U... Daily shows PA almost to the bottom of the 200sma. H4 shows the orange 200sma from the Daily chart as well as the Fib extensions that create a bit of confluence with the MA. Since I don't trade between 4 and 5 pm est this is a ...
Nearly Naked (Simple Trades)