moby
314 posts
msg #72070
- Ignore moby |
3/5/2009 1:55:21 PM
I see FAZ and SKF opened on Monday as 60 min jp booyah buyzone buys....is this correct?
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Radiomuse
288 posts
msg #72071
- Ignore Radiomuse |
3/5/2009 1:56:06 PM
I'll try to answer for FAS and TWM...I don't think you're looking for crosses of the upper bands to trigger buys, I think you're looking for crosses of the lowers.. And you don't just want the next open to be above the BB, you want the open to be above the high of the trigger bar that first crossed the BB. And if the trigger bar is a wide range bar you should look for a retest of that lower BB first. Note...I could absolutely be wrong! Just trying to help jp out.
Got stopped out of FAS at 2.86. Still feel it was a solid trade, just didn't work out. Market just sucks today. Longs aren't working, and risk/reward isn't there for shorts right now.
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moby
314 posts
msg #72072
- Ignore moby |
3/5/2009 1:58:12 PM
Okay, now I'll stop, got a little excited there. Been staying up late everynight trying to learn this. Thanks johnpaulca. You are a genius.
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moby
314 posts
msg #72073
- Ignore moby |
3/5/2009 1:59:49 PM
Thanks radiomuse. I really appreciate it.
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johnpaulca
12,036 posts
msg #72074
- Ignore johnpaulca |
3/5/2009 3:00:21 PM
Just got back from Spinning...Yup, can't feel my legs, left them at the Gym.
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johnpaulca
12,036 posts
msg #72076
- Ignore johnpaulca |
3/5/2009 3:04:52 PM
FAZ...this is just crazy. With 1 hour to go I will stay put.
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johnpaulca
12,036 posts
msg #72078
- Ignore johnpaulca |
3/5/2009 3:06:42 PM
FAZ...short at 101.24...will try to scalp some.
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johnpaulca
12,036 posts
msg #72079
- Ignore johnpaulca |
3/5/2009 3:08:46 PM
FAZ...sold at $100(BB10 support)...took $1.24
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moby
314 posts
msg #72080
- Ignore moby
modified |
3/5/2009 3:23:20 PM
johnpaulca: how do you know to short FAZ at 101.25? because that red bar opened at where the green bar closed went up then reversed?
Then you closed it on the same 5 min bar because the BB10 acted as support?
Sorry, for the multiple postings...I just think I'm very close to getting it.
Thanks.
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johnpaulca
12,036 posts
msg #72081
- Ignore johnpaulca |
3/5/2009 3:24:14 PM
FAZ...scalping below BB10and upper BB40...lots of opportunities in there but you have to bring your gaming fingers.
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