Going short YM 13085 stop 13120

Discussion in 'Index Futures' started by myminitrading, Apr 25, 2007.

  1. Just testing the waters here.
     
  2. hehe just made the same trade with a tad lower stop...small contract size as it is against the immediate trend.

    Very over-bought here..

    CajunSniper / Puretick.com Administrator-Trader
     
  3. This market is going nuts, hard to belive their is so much buying even after last weeks 300 point run, pretty amazing, I have been buying the dips for the last 8 months.

    Weekly charts are showing a major divergence in MACD, daily dont mean that much but weekly do.
     
  4. Im in 1/2 position @109, 10pt hard stop, for now.

    Good trades to all
    Osorico :)

    EDIT: bailed @116, NET -8(x2)
     
  5. HAHAHAHA SO MUCH FOR THAT. HELL LETS GO LONG NOW 13124.
     
  6. are you buying the dips or shorting at 13085...
     
  7. notouch

    notouch

    hehe another great trade by the puretick master trader. Maybe if you wasted less time worrying about overbought stochastics and spamming every thread on ET and more time thinking about where the market is actually going you wouldn't lose so much money. hehe
     
  8. haha, Beat you to it!
    in@19, out @30

    Too risky up here, imo. Sidelines.

    Good trading to all
    Osorico :)
     
  9. Sold @ 13132.
     
  10. Man the higher this goes with out a retracement, the harder it will be when it comes.
     
    #10     Apr 25, 2007