[13:19] (brandon) 13:19:49 EMINI DAY TRADE UPDATE: NQ traders look to take profits in here. Five minute 200ma here. Trading 1142
"move over to Journal.. I'd suggest this thread be moved over to the Journals section." I suggest the moderators start a new forum called: Chatroom operators looking for free advertising for the millionth time.
"Except that I pay to sponsor the site. DOH!!!" But you don't pay to start new threads just to get your name at the top the list.
Actually thats exactly what I pay for. To post here and share information, hopefully get some clients. If it was just a banner there is no way in hell I would pay for it. I don't get traffic from the banner. And, just to clarify I don't have to pay to do it, as most do not. I just think its the right thing to do since I do get clients from this site. Brandon
http://www.tradingfrommainstreet.com/img/may5ACDO.gif [14:04] <brandon> I spend most of my day doing the same boring stuff over and over again [14:04] <brandon> pretty much like a job [14:04] <brandon> which is what I suppose makes me profitable [14:04] <brandon> when my day starts [14:04] <brandon> I want to find the stocks that are gapping [14:04] <brandon> lately I have been looking at the up gappers more heavily simply because the market has been strong [14:04] <brandon> what I want to see is that the gap holds [14:05] <brandon> everyone knows the saying "Gaps fill" [14:05] <brandon> and for the most part it is true [14:05] <brandon> what is also true though is that when something should happen and it does not [14:05] <brandon> that is often a very strong signal to you that the opposite will [14:05] <brandon> so in this case we had the gap holding [14:05] <brandon> so now to find a point of entry [14:05] <brandon> you dont want to just buy at some point [14:05] <brandon> because nothing goes in a straight line [14:05] <brandon> and you can easily buy the top tick [14:06] <brandon> so I like to wait for some rest [14:06] <brandon> in this case here we just had a nice base [14:06] <brandon> this one was pretty much in the middle of the diddle [14:06] <brandon> but still based nicely [14:06] <brandon> when it broke above 18.10 that broke the resistence [14:06] <brandon> and we had our buy [14:06] <brandon> which was closed around 18.70
We havent had any from this one. We had a few last week though. Toni is no fun! I want to stand outside and see one, she says "If you dont get in here and come into the basement, if that tornado doesnt kill you I will" Always pissin on my parade Brandon