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MarcVUM replied Jul 6, 2010Did you notice that the 38.2% Fib lines up with Daily PP as well? Low from 8315 high at 8559.
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MarcVUM replied Jul 6, 2010A/U Daily PP is within sight. Anyone on board with a quick long?? 150ema on M15 will support the quick bounce..
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MarcVUM replied Jul 6, 2010Don't forget to ride with your orange reflector jacket on! I knew a Professor that drove one like this to work everyday... won't ever forget him.
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MarcVUM replied Jul 6, 2010The stochs on M15 are supporting the W PP bounce right now so hopefully I didn't miss a good bounce up... On my chart it is hard to see but the Daily PP lines up nicely with the 200sma on H4; the 21ema on H2 and the 50ema/sma's on H1 which looks ...
Nearly Naked (Simple Trades)
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MarcVUM replied Jul 6, 2010I like your targets. The only one I'm not willing to trade is the weekly pivot just above 8500. We are too close to it and I don't have any significant MA's on higher TF's to support the bounce higher. I see 8487 as a more significant area atm. ...
Nearly Naked (Simple Trades)
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MarcVUM replied Jul 6, 2010A/U — Possibility on A/U. Thoughts anyone??
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MarcVUM replied Jul 6, 2010A/U — A/U...Potential PO targets going forward.
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MarcVUM replied Jul 6, 2010#5559 Took that short at D R3 8546...rode it up to that 8557 area I was looking for...which turned out to be 8559...I'm taking profit now at 8528...18 pips... done for the day...enough of a headache!
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MarcVUM replied Jul 6, 2010A/U isn't breaking though the D R3. I'm short again.
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MarcVUM replied Jul 6, 2010crap! remember...no emotions...it's just business...cut losses on losers and let the winners run.
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MarcVUM replied Jul 6, 2010And stopped out.
The next areas I have are 8557 and 8600 - 8610Nearly Naked (Simple Trades)
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MarcVUM replied Jul 6, 2010
hadn't finished my coffee yet! yea, 8540. it got moved down to 8539 because of the 200sma on H1. I'm in.Nearly Naked (Simple Trades)
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MarcVUM replied Jul 6, 2010U.S equity futures are crazy high... maybe we will open on the highs and sell off all day! Hopefully.
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MarcVUM replied Jul 6, 2010Here's a chart to show why. Time to drink some coffee...be back shortly.
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MarcVUM replied Jul 6, 2010Good Morning. A/U looks to have a great short op at 8440 - 8446. I already took a small one myself. Cheers!
Nearly Naked (Simple Trades)
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MarcVUM replied Jul 6, 2010Ahh, scratch that... it came too close and then started going down which invalidates my setup conditions. Good Night. Time to sleep! Tomorrow will be fun! Probably a massive sell off in U.S. equities!
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MarcVUM replied Jul 5, 2010I'm looking at a quick short at 8418 on A/U if it breaks D PP.
Nearly Naked (Simple Trades)