long and short trades for 12-15-2011 Cover shorts @ 94.10. So far, i use OR difference as price target for majority of days. Need to come up with a better method for price targets. OR as price target is pretty good though.
potential areas for re short. Also, looking for new trading box for slow trading time slot 11.40 till 1.30 pm.
I've been watching IYR-XLE and even VNQ-XLE...looking good today too. These Real estate ETF's have held in nicely relative to most anything else.
The one aggravating thing I have about prophet charts is I can't save my ratio charts. Does anyone know how to do this. It saves them for the day but then tomorrow I have to do them all over again.
Once my re short level gets broken , I go long on pullbacks. For example, my re short was 94.46 with stop loss at 94.54. I got stopped out. Cl pulled back to 94.95. I went long 94.02 with stop loss at 93.79. I expect to cl to hit next re short level of 94.80 at some point. No identifiable trading box during lunch time. 94.50 to 94.10 was too narrow of a box. I like to see 100 ticks moves in a box to get some confidence.