johnpaulca
12,036 posts
msg #71755
- Ignore johnpaulca |
2/25/2009 12:39:38 PM
FAZ...Out at $61.61...$1.14 profit....I will sit it out for awhile
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johnpaulca
12,036 posts
msg #71756
- Ignore johnpaulca
modified |
2/25/2009 1:02:12 PM
FAZ...short at $61.63
BTW- My decision to short was also based on a BOOYA buy on the DJX
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Radiomuse
288 posts
msg #71757
- Ignore Radiomuse |
2/25/2009 1:47:48 PM
Nice, you are killing it. So the Booya is the 40, .4 upper and lowers? It sounds like you also use the 10 and 40 moving averages??
If FAZ goes a full bar above the lower 40, 1.04 now, will that be a signal to cover?
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johnpaulca
12,036 posts
msg #71758
- Ignore johnpaulca |
2/25/2009 1:59:35 PM
If FAZ goes a full bar above the lower 40, 1.04 now, will that be a signal to cover?
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I would use the trigger BB to cover
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johnpaulca
12,036 posts
msg #71759
- Ignore johnpaulca |
2/25/2009 2:05:59 PM
FAZ...out at 57.85....$3.78 profit
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Radiomuse
288 posts
msg #71760
- Ignore Radiomuse |
2/25/2009 2:07:06 PM
Can't any of the BB's be triggers? Ok, right now I see a bar just opened above the 1.68, and is testing the 1.04, still not sure how you interpret all these and which ones matter...
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johnpaulca
12,036 posts
msg #71761
- Ignore johnpaulca |
2/25/2009 2:19:00 PM
FAZ...long @60
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johnpaulca
12,036 posts
msg #71762
- Ignore johnpaulca |
2/25/2009 2:22:19 PM
FAZ...hit target at 61.18 (upper BB40)...1.18 profit....can't watch, have to get some work done...
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johnpaulca
12,036 posts
msg #71763
- Ignore johnpaulca |
2/25/2009 2:40:36 PM
Radiomuse: it's all in my new book "Band Madness" ...LOL. I spent a long time and many hours studying the behavior of Bands...my conclusion is that they make no sense just like the market....lol. You can set the Bands to whatever parameters you like and learn how to trade them because price will move through or stop at them at some point. I saw a small window of opportunity at BB(40,0.4) and now I exploit it....nothing fancy, you don't have to be a genius to make money in the market. I am successful at this game (for now) but I continue to practice everyday until I stop trading. Try to find your window of opportunity and exploit it...good luck my friend.
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johnpaulca
12,036 posts
msg #71764
- Ignore johnpaulca |
2/25/2009 3:03:49 PM
FAZ....low $54.11.... I want my book today why wait until Friday.
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