Charts

Discussion in 'Journals' started by Brandonf, Jul 15, 2003.

  1. Brandonf

    Brandonf Sponsor

    long from 110.50
     
    #11     Jul 21, 2003
  2. Brandon,

    Forgive me. But I do not understand what this thread is all about. What is the message here. :confused:
     
    #12     Jul 21, 2003
  3. Brandonf

    Brandonf Sponsor

    [09:21] <brandon> you guys have the chart up so I can explain the trade?
    [09:21] <brandon> after this I will explain the 2b buy setup we had too
    [09:21] <brandon> that will be both of the trades
    [09:22] <brandon> we have 9 to 10 points upside depending on fills today in the NQ now and Im probably done, at least until afternoon.
    [09:22] <brandon> a real lazy trader
    [09:22] <brandon> :)
    [09:22] <brandon> anyway
    [09:22] <brandon> here is our NQ short that we had right off the open
    [09:23] <brandon> 1251.5[09:23] <brandon> you can see that right before the open we made a new high in GLOBEX
    [09:23] <brandon> one of the golden rules is that the GLOBEX high is rarely taken out the first time it tries in the regular session
    [09:24] <brandon> so you can almost always lean against the globex points for support or resistence
    [09:24] <brandon> next, which you dont see on this chart but can on the QQQ or NDU
    [09:25] <brandon> we opened up right on the 60 minute 20ema
    [09:25] <brandon> this is always a big Resistence point
    [09:25] <brandon> especially when it comes right up to it on the open

    [09:25] <brandon> because in that case the market rarely has had the time to rest in order to take it out
    [09:25] <brandon> next we had the gao
    [09:25] <brandon> gap
    [09:25] <brandon> and knowing that 71% of gaps fill
    [09:26] <brandon> and given that this gap was less then a 1% gap it had an even higher chance of filling overall
    [09:26] <brandon> we wanted to find "any excuse" to get our shorts on
    [09:26] <brandon> which we had with the above criteria

     
    #13     Jul 22, 2003
  4. Brandonf

    Brandonf Sponsor

    2b
     
    #14     Jul 22, 2003
  5. Brandonf

    Brandonf Sponsor

    NQ Chart
     
    #15     Jul 22, 2003
  6. Brandonf

    Brandonf Sponsor

    nbty
     
    #16     Jul 23, 2003
  7. Brandonf

    Brandonf Sponsor

    chart
     
    #17     Jul 29, 2003
  8. sammybea

    sammybea

    Is spam considered spam if you are a sponser of the site? The only point to this thread is to promote a sponser, but i don't know if anything can be done about it. Its quite annoying though as no interesting discussion has proceeded since the beginning of it. Just "spam"
     
    #18     Jul 29, 2003
  9. nkhoi

    nkhoi

    I'm visual guy thus chart speaks a thousand words to me.
     
    #19     Jul 29, 2003
  10. Agree.
     
    #20     Jul 29, 2003