ZN Journal

I believe that my entry may have been a bit poor on the daily chart, but since I trade longer term than most, I can get away with some of that. Or, a better more benign way to put it, would be that I have a larger range to enter in.

 

eCBOT resumed on my TT after a few seconds when I saw all my orders cancelled.

 

Thanks--sounds like you trade a lot intraday?

 

Still holding

JJ

 

We have not taken out yesterday's lows, 107 18.5'.

 

Yes. I agree. I would like that to happen very much. As it is, we have a nice basing pattern here on the 60 minute chart without a violation of yesterday's low. I would much rather have that low taken out. I would mention here though that you can see from the chart, that yesterday's low took out the previous low, so it's not all bad news here for the longs.

(Also, today's low took out the previous low that occured just before yesterday's low)

 

All of this will work nicely if the daily RSI pattern turns out to be a bull flag. ----but right now, I am counting on the weekly and monthly.

 

So far--not so good--

 

One more test of the lows and we'll bounce like a basketball (hopefully there is air in it.)

 

A catalyst might help or weak equities!
Helicopter boy speaks in a few.

good trading,

el surdo