maintaining bullish bias. holding DJIA longs here. would ideally like to see 11100 plus on YM but will hold long into tuesday regardless. surfer
yeah, system nailed a very nice upmove in the DJIA. holding longs here, the critical 11100 was broke in YM in premarket activity. expecting nice up week. holding eur/usd short--long dollar. surfer
obviously our bullish call on the day is wrong so far. however, maintaining bullish posture, holding all positions thru the volatility. surf
it isn't really wrong yet, it's just not correct right now. today's action isn't a a sell-off, market keeps seriously looking for support and it refuses to keep dropping too much beyond yesterday's lows. later, jimmy
thanks, jimmy. the position is in a large drawdown here, i am sticking with the analysis and holding longs into wednesday. surf
I am currently short from the 55 area....surfer is usually right, but always seems to be early, so I will hold my shorts into tomorrow. Good trading!
thanks, mschey. i was truly convinced an upmove was heavily favored today. once again the pattern of being early continues..... holding here. will see what happens! surf
we closed spot on 06/19 support levels which are very important for at least shorter term movements; if taken out i would begin to worry if i was u.
Pardon me Mike: I have to operate in the real world. I trade these markets on an intraday basis. When you are "early" and you don't actually trade, you can be said to be "right". When you actually risk money on a position and you are "early" I think you have to deal with reality. Either you are "wrong" or you are an "investor" rather than a trader. For those who think otherwise let me refer you back to post where I suggest that I am going to sell rallies until the market makes me pay up. http://www.elitetrader.com/vb/showthread.php?s=&postid=1113067&highlight=rallies#post1113067 Now I don't look for the same kind of applause that Bunnysurfer seems to need, but I do like to make money, and it seems to me that if we stay with WHAT IS REAL, that bunnysurfer has recently been 180 degrees, butt-ugly wrong about market direction. Thanks, Steve Edit: Cannot resist. I am having a pleasant time knowing that bunnysurfer is "holding" right there. After all, even a broken watch is right once a day.