the neogann channel worked perfectly today. the market (djia) moved down to exactly the lower channel figure of 9057 stopped and catapulted out of the upper channel at 9077 where our longs triggered. then the dow dropped back to the upper figure and bounced off it not looking back. holding longs here. i have closed my forex EUR/USD trade with nice profits. best, surfer
==================== 7;27+ am,sunrise Yes, in $NWX,CSCO sector, uptrends and medium time frame :cool DIA+SPY +QQQ are real close to a pivit point; agree the higher probability is still uptrends. High volume stocks are easy to get in; plan is to get in more confirmed closer to sunset today,after FED RIPTIDES. ========================================= The moon influences the tides + freshwater fishing.
we were stopped out of the long DJIA position with 5 points profit, and are currently short from the lower channel figure. moving trailing stop as the market drops to insure profits. it was uncanny yesterday the way the market dropped to exactly 9057 neogann figure and bounced off it back out of the channel. today, 9057 snapped and we are short from this level. the surfer has started trading FOREX see forex thread to follow along... holdings shorts here, surfer
******* QQQ,$NWX measure a bit strong for me to sell short. Some SPY related stocks[NYSE] are looking good for shorts; possible , but not likely for me to hold shorts overnight here. =========================================== You don't ever have to be concerned about a tender offer coming in on a stock index.
holding system shorts here with current 50 point profit in DJIA. wide stops locking in profits at this time. forex trade smoking as dollar continues to stregthen. surfer
It looks like the lower channel (9057)acted as resistance this morning.I don't know about you,but this week is just 'take glance at market when you can' because of the holiday.Kids are dragging me off to the waterpark for starters.Have a great Holiday week Dave
well, the lower channel was violated yesterday in the DJIA and we are currently short from 9057 yesterday. caught a great move thus far down. the system is auto trading while i am still learning the forex market , this is where most of my trading energy is being spent at this time. all the best, surfer
geez what a reversal today ! our wide trailing stops closed the system shorts at a nice profit and we are currently flat the DJIA overnight. 9077 is go long figure, 9027 is short. best, surfer
oh yeah ! the upper channel figure of 9077 was violated this morning--- my long YM trade triggered and i am holding here. long and strong with wide stops(9097)--trying to ride this up wave as far as possible--but still locking in profit should she reverse. long MSFT from yesterday and short eur/usd pair. rock on long, surfer
holding djia and msft longs overnight. the system caught a nice move here and we are going to squeeze her for all she can give. the dollar is gaining strength in the asian session at this time--- holding the strong dollar pair trade. riding high, surfer