GLOBEX 10 -14-08


ORDER TO SELL ONE AT 1029.75, 2.5 STOP
I had alarm set for 3 am...covered two at 23.75 and then got stopped at 32.50 on that trade....perfect the way they cleaned up that gap and held that high volume zone....trying again from 57.50..very small and target is 1044
out at 1057.00, plus 2.75 again... 8.25 on the session..looking to sell 2@ 1061.00 area
wow, selling 2 hrer
short 2@ 1063.50, 3 .5 stop...
dam, i knew the cycle would peak at 8:41 but got crazy when i saw the big spike! could have nailed the high better. looking for 1059, will exit earlier of course.
covering!
out at 1059.50, almost missed it due to typing! plus 4 twice... nice scalp! up 13.5 on the session... switching to es thread!
covered both at 47.75...flat until 9:30
quote:
Originally posted by BruceM

trying again from 57.50..very small and target is 1044

thanks for this Joe and congrats on your record day...now go out with the wife and kids and celebrate...turn off the trading platform.......that's what I would do...great job today!!
quote:
Originally posted by CharterJoe

quote:
Originally posted by BruceM

don't forget your closing $tick..I started shorts at 39....trying for 24....



Bruce,

load $tick and set it to daily, then make a 14-day simple MA. Watch the MA for breakouts of sideways moves, trendbreaks, old tops and old bottoms. This is one of the tools I use for options.

thats a good idea....