I am thinking about going short in the YM late today 03.22.07

Discussion in 'Index Futures' started by ElectricSavant, Mar 22, 2007.

  1. rcj

    rcj

    Sht @ 12661 'bout 20 min ago. around 13:43:xx . CDT
     
    #181     Apr 13, 2007
  2. rcj

    rcj

    i do not want to win........

    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1433995>
     
    #182     Apr 13, 2007
  3. rcj

    rcj

    Wkend hold ... short 1 @ 12661 im dwn -23 at ECBOT close.
    this will be a cool trade, for sure.
    Stp 12700 (for now)
     
    #183     Apr 13, 2007
  4. Why do you trade against the prevailing trend?
     
    #184     Apr 13, 2007
  5. Because he is a lozer :)

    sorry RC...couldn't resist!


     
    #185     Apr 13, 2007

  6. Whos price ladder is that? its not IB
     
    #186     Apr 13, 2007
  7. rcj

    rcj

    Hey MM. im kind of looking for a "dip" Sun nite or Mon or... maybe even a pull back. I may hold for two or more days into next week
    dont know at this point. DOW hasnt had but one or two dwn days in the last 10-12 trading days, i think. I may bail Sun if the situation looks like i may win too much.

    So, MM, what are your plans for Mon morning?? What do ya think will happen? I noticed you started up a new thread. Good luck with that.
    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1434200>
     
    #187     Apr 13, 2007
  8. rcj

    rcj

    :)
     
    #188     Apr 13, 2007
  9. Monday shoot you got me, what I do know is this market will not stay down. The trend is up so I wait for corrections and scale in.

    The daily charts of all indexes are showing major MACD histogram divergence. That doesn't mean its going to fall, but sure does mean the bulls are loosing some strength.

    The rally off that March low seems weak. Volume is suspect.

    By the way whos price ladder is that?
     
    #189     Apr 13, 2007
  10. rcj

    rcj

    MM,
    It's a front end for IB(only) -- http://www.zerolinetrader.com/
    It works pretty good for what i do. BT is very good but costs a lot
    more. Im just too in-experienced right now to make use of its many advanced features.

    Edit. Both front ends have excellent cs. BT docs are first class. The best.
     
    #190     Apr 13, 2007