johnpaulca
12,036 posts
msg #76724
- Ignore johnpaulca |
7/22/2009 10:19:12 AM
TWM...short at $39.01...stop at $39.07
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johnpaulca
12,036 posts
msg #76725
- Ignore johnpaulca |
7/22/2009 10:21:34 AM
TWM...stommped out, it happens.
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johnpaulca
12,036 posts
msg #76726
- Ignore johnpaulca |
7/22/2009 10:27:55 AM
looking for the dji to spike on the 5 min chart so I could short it.
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johnpaulca
12,036 posts
msg #76727
- Ignore johnpaulca |
7/22/2009 10:32:13 AM
TWM...long at $39.21...booya buy zone on the 5min chart, gotta to be careful dji has good support here, but looks tired.
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johnpaulca
12,036 posts
msg #76728
- Ignore johnpaulca |
7/22/2009 10:39:11 AM
Source: market direction
When you have end of month profit taking and the markets just make a new high,
look for the 200 moving average to turn down on the 60 minute chart and
wait for the 14 bar ADX to jump by one point to indicate a down trend.
Entries can be placed when the 9 bar RSI rises to 80 or above.
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amy134679
6 posts
msg #76729
- Ignore amy134679 |
7/22/2009 11:16:42 AM
@JohnPaulCA does that apply to or work better for a specific index or chart?
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Walid
130 posts
msg #76733
- Ignore Walid
modified |
7/22/2009 2:09:01 PM
Buy TWM @ Market
Stop: 38.42
Target: 39.14
Seems like it is getting ready for crash landing
I don't like the width of these candles. I am killing this trade and taking the $240
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johnpaulca
12,036 posts
msg #76734
- Ignore johnpaulca |
7/22/2009 2:36:06 PM
Both TWM and DJI at support(60min chart), if DJI opens below BB13(60min chart) then long TWM, now you sit back and wait.
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Walid
130 posts
msg #76735
- Ignore Walid |
7/22/2009 2:38:50 PM
John, What is the complete set pf parameters for BB13?
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johnpaulca
12,036 posts
msg #76736
- Ignore johnpaulca |
7/22/2009 2:59:44 PM
BB13 = bollinger band(13,0.1)
BB29 = bollinger band(29,0.1)
BB40 = bollinger band(40,0.4)
BB40 = bollinger band(40,2.32)...extreme bollinger band warns of directional change to come...we call this the nose bleed band...lol.
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