Son of If You Can Draw a Straight Line . . .

Discussion in 'Journals' started by dbphoenix, Sep 19, 2013.

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  1. llIHeroic

    llIHeroic

    Yeah, hard to say where things are likely to go. An upside BO attempt isn't out of the question, and unless things are as clean as yesterday, we'll probably see some congestion if price decides to try to pass through 75-80.
     
    #1661     Dec 5, 2013
  2. niko

    niko

    9:31 DL broken buyers rejected at 88.
    9:35 81-87 is turning into one of those unhealthy chop areas.
    9:38 Overlapping bars.
    9:39 DL broken, back in the chop
     
    #1662     Dec 5, 2013
  3. Hooti

    Hooti

    struggled up, then fast down to ~ 50% since the open.

    See if 50% holds or folds.
     
    #1663     Dec 5, 2013
  4. niko

    niko

    9:45 SL is good, sellers pushing, at last.
    9:48 SL broken 50% holding
    9:51 Short at 80
    9:54 SAR at 81.50
     
    #1664     Dec 5, 2013
  5. one more short to 74?
     
    #1665     Dec 5, 2013
  6. Hooti

    Hooti

    higher low is choppy again

    955 yet 50% at 83 seems to be holding, perhaps for the short

    956 then again, not!
     
    #1666     Dec 5, 2013
  7. niko

    niko

    9:55 New DL
    9:58 DL holding 50% holding. but not so much eagerness in buyers.
     
    #1667     Dec 5, 2013
  8. Hooti

    Hooti

    we don't know up from down yet for today?
     
    #1668     Dec 5, 2013
  9. niko

    niko

    My reason for the long was that 80 was a premarket level for me. That is why I ignored the fact that we were driving towards the TR.

    10:01 DL fanned. If buyers do what they usually do, price will reach 90, but as always, they can do other thing :p

    10:08 Here is a hard choice for the all in all out crew. Close at the first sign of weakness at pot R or hold on for a BO.
    10:12 50% holding. DL gone
    10:15 Out of the long. Will wait for this to resolve.
     
    #1669     Dec 5, 2013
  10. Gringo

    Gringo

    We have an opening high and low now. Keep your eyes open to price being stuck in between. When in doubt go back to SL/DL.
     
    #1670     Dec 5, 2013
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