shorting 83 or going long 83.5, .5pt stop, 1pt target on each
stopped out at 1283, +2pts on day - that was an anemic break out. got ALMOST to target of 1284. The joys of tight stops.
Day Two trade #1, taking 1.5 pts on closed possions. Stop is trend line on bottom morning cup pattern at aboput +40 degree angle.
target is 2 pts on 1/2 of possitions as no clearly daily trend has been indicated. stop is now 82.
long 82.5 1 pt stop 8:22 am MST
Greeks, I'm glad you are familiar with AMT. It is VERY, VERY difficult to understand to be sure. Ya gotta be genius to even really read up on...
Aspenboy, The first 10 minutes on an OR seems to work well enough for now. All ya can do is back test various 10-15-20-25 and 30 min Opening...
Dear Greeks, This intraday swing approach is based on auction market theory. (AMT), which does NOT use moving averages. This is based on where...
Thank you for the inquiry Greeks. The opening range various from one commodity, futures or stock to another. As a general principle it seems to...
I'm flat at =10pts on day as SPX is at 1289 ONLY TWO LOUSY pts from where I thought it would go to. The moral of the story is that big moves often...
out for +1 pt, =10pts on the day. We called the Morning Trend. We called the bottom. We really sucked at calling the trend after that. Ya win...
long 86. 1 pt target, 1 pt stop
Hey Geeks, my first comment. Wow, fame for 15 minutes ... NOT! Thanks for stopping by this journal. Its not much, but the whole idea is having...
Taking 1 pt on consolidating days as it probes, fails and pulls back to the last support area can ussually net a point 80% opf the time. +9 pts on...
Stopped out, +8pts on day. Moral of this story is to have slightly looser stops once were up nicely on the morning. Had we done so, we "coula...
stop is now 1287
I got stopped out 2-3 times before the move I anticipated took place. COVERSELY, I held onto the profits. The long at break of 86 is working. Stop...
long 86
stopped out at B/E AGAIN. Its looking like its time to go golfing.
Price is now consolidating right below the Opening Range (OR) and that is a 80-90% sure sign it is going rip right past it. What was resistance...
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