Glub, glub, glub...

Discussion in 'Trading' started by duard, Mar 23, 2006.

  1. duard


    We're going down here and I was just wondering how long I should hold my breath?

    1 day
    1 week
    1 month
    1 quarter
    1 year

    Maybe I should invest in a rebreather and an E cylinder of O2.
  2. It has looked very sick but there have been some excellent saves this week.
  3. duard


    Well, we're firmly back in the middle of a trading range that continues to crawl UP THE CHANNEL. The question is what about next week as we're fence sitting in a range AGAIN.
  4. duard


  5. duard


    U.S. shares seen edging higher, all eyes on Fed
    Mon Mar 27, 2006 4:57 AM ET

    FRANKFURT, March 27 (Reuters) - Shares on Wall Street were expected to open firmer on Monday with all eyes on the U.S. Federal Reserve's interest rate decision after a two-day monetary policy meeting, which ends on Tuesday.

    I think I'm going to collect news snippets as contrarian indicators.

    Any body interested in starting that thread?

    A friend who has made ALOT of money in the market only goes short, the rest of the time he just watches. He has supreme patience. Rate of return c/w time in market (risk adjusted ROR) very good as the rest of the time his money is parked.
  6. duard


    Here's a chart of todays action in the S & P Futures. Of note we bounced on low volume in the am to resistance and based on the time of day this was the set-up for "The Waterfall." That is pre-news, low vol walk up into resistance at lunchtime, then a gradual loss of upside volume as traders skimmed off the top. Lower highs into the trigger in this case FOMC. The pattern is solid.
  7. ES....5 minute Taking a big dive today.
  8. Here is a weekly chart of the ES. Should find out soon if the support levels holds.
  9. duard


    THANKS for the charts. I hope you were long today "out of the box"

  10. duard,

    I am really a scalper....but I will also take Trend moves when I see them. Here is another chart today....03-29-06. I am done for the day. Met my net daily goal....stopped trading.

    #10     Mar 29, 2006