10-20-08 10:00 AM 10-16-08 11:02 AM Bought Dec 10 yr future 112125 Initial stop is 108000 Sell stop raised to 110'270" Sell stop raised to 112'270"
I will maintain my stop at 112'270" for the time being. I want to allow this trade to have room to turn into a big winner. If not, then my stop is still in the money here. I'll post again if my decision changes or I decide to take profit.--Ishmael
10-21-08 12:11 PM 10-20-08 10:00 AM 10-16-08 11:02 AM Bought Dec 10 yr future 112125 Initial stop is 108000 Sell stop raised to 110'270" Sell stop raised to 112'270" Sell stop raised to 113'270"
10-23-08 07:46 AM 10-21-08 12:11 PM 10-20-08 10:00 AM 10-16-08 11:02 AM Bought Dec 10 yr future 112125 Initial stop is 108000 Sell stop raised to 110'270" Sell stop raised to 112'270" Sell stop raised to 113'270" Sell stop raised to 114'140"
10-23-08 07:43 PM 10-23-08 07:46 AM 10-21-08 12:11 PM 10-20-08 10:00 AM 10-16-08 11:02 AM Bought Dec 10 yr future 112125 Initial stop is 108000 Sell stop raised to 110'270" Sell stop raised to 112'270" Sell stop raised to 113'270" Sell stop raised to 114'140" Stopped out overnight for 2'015" gain
Nice B1 care to explain how you saw the turn around. I know you use M/A plus other indicators but what pushed you to go from short to long
Unmistakeable Class A Bullish divergence appeared on swing charts. What that means is that there will be quite a bit of short covering in a bear market which we are in with 10 yr notes.
I do notice that MA, Sto. RSI, though couldn't you almost say the same thing at this time, though not as extreme. I am just impressed, seems like you just stepped in front of the "train". Thanks B1 I really love the way you trade I just do not seem to be able to get it on smaller time frames, still using PA, requires to much monitoring but........