Radiomuse
288 posts
msg #72154
- Ignore Radiomuse
modified |
3/6/2009 12:30:09 PM
So did you get into ERY? Just trying to figure out how you set that 55.88 - was the trigger the 55.92 value from the lower BB10 at 10:50cst? I don't see a bar with a low of 55.89 or 55.88...
I missed FAZ this morning, looks like it would have been an excellent long when it went thru the BB40 - although it blew right thru it so would you have waited until it opened above that next series of bars...around 101?
OR...you could have also used the big green bar that opened in BB10 as a great entry point.
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johnpaulca
12,036 posts
msg #72155
- Ignore johnpaulca |
3/6/2009 12:39:26 PM
Radio:
ERY...this was where the BB10 was sitting when I looked at it, as you know the bands are dynamic and will move around with price...it gives me a heads up on approx. where to enter. I got out of ERY at support, support would be the median band(40,0.4), if you look to the left of the 5-min chart you will see this.
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johnpaulca
12,036 posts
msg #72156
- Ignore johnpaulca |
3/6/2009 12:41:04 PM
OR...you could have also used the big green bar that opened in BB10 as a great entry point.
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that would depend on you risk tolerance.
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johnpaulca
12,036 posts
msg #72158
- Ignore johnpaulca
modified |
3/6/2009 12:47:32 PM
FAZ...we are $4 since the last buy signal, wait for the first little red bar and take profits
- now $5 and climbing
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Radiomuse
288 posts
msg #72159
- Ignore Radiomuse |
3/6/2009 12:48:10 PM
So for ERY...after the BB40 support was tested and the next bar opened higher - time to bail???
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johnpaulca
12,036 posts
msg #72161
- Ignore johnpaulca |
3/6/2009 12:50:50 PM
yup...this market is very treacherous you gotta take profits quickly
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moby
314 posts
msg #72162
- Ignore moby |
3/6/2009 12:51:40 PM
....and there it is FAZ at 113.00 little red bar.
JP you are a trading machine.
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johnpaulca
12,036 posts
msg #72163
- Ignore johnpaulca |
3/6/2009 12:52:48 PM
FAZ...the little red has appeared...I will take profits here about $5, note it is not a completed bar and can still end up green
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moby
314 posts
msg #72164
- Ignore moby |
3/6/2009 12:54:58 PM
yeah, but your $5 will remain $5 ...in your pocket. .. :)
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johnpaulca
12,036 posts
msg #72165
- Ignore johnpaulca |
3/6/2009 12:56:14 PM
maybe one more thrust will occur then I will short.
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