I don't pay attention to the words one uses. My "expectations" are very similar. But I'm going to write a lot of calls in a process too. So far I have collected $7 in premiums. We shall see
This week was a little like shooting fish in a bucket (except for the brief scare yesterday . BTW: nice job Cutten and vhehn....a carefull reading of this thread shows most everyone else blew chunks at one or time another. Happy trading to all..... off to Cabo for the tuna fishing.
Maestro, How about starting a Maestro sentiment thread so that those of us who look at such indications can benefit from your indicators?
I tried to do that a while ago. What I found out for my self is the following: 1. It takes a lot of time to maintain the journal properly 2. You'd have to deal with lots of bullshit and stupid posts flooding your thread 3. You gain almost no additional knowledge because you realize your good and bad points better then anybody else anyway. 4. The only purpose for the journal therefore is to please your ego and I'm not interested in doing that. Cheers.
Hank I have 10280 as target area . I was going to post my entry but didn't think it fair as the call would have been late.
If you were brand new to this board your concern would be legit. Now, it isn't. I know many would appreciate following your line of thinking, and that is one of the most important functions of ET... imo.
OK sure I don't mind if you don't. I bought this morning at 10180 off support of Wednesdays highs and the .382 retracement level from yesterdays move. It was a little premature but the stop was 10 ticks at 10170 and still is. I missed my first target of 10220 by one tick so far and still holding all positions with same stop of 10170. There was a little more to the trade then that but I can't tell all my secrets can I. Anyhow I'm not happy about the "no follow through" and not taking out yesterdays high and closing the gap. So for now trade is still working as planned.