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KO
koolblue
Rep: 48,651
Posts: 16,032
Morning gang! Hey Akola, go back to the globex thread and youll see the explaination of your last trade! page 4 and 5!
KO
koolblue
Rep: 48,651
Posts: 16,032
if any bodies piggybacking this trade ,take ur money now and run... nice scalp.. im just going to get alittle crazy here on a hunch!
KO
koolblue
Rep: 48,651
Posts: 16,032
Nice call on that cycle ,eh Margie?
MA
Margie
Rep: 94
Posts: 364
Very Kool
KO
koolblue
Rep: 48,651
Posts: 16,032
now , im hoping the proj. is from 990.75-985.50 which will only work if 985.50 is not touched again!
KO
koolblue
Rep: 48,651
Posts: 16,032
That would give what... 999.25 or so? id tend to exit earlier of course .. gotta check the averages and cycles now!
BE
Benny
Rep: 100
Posts: 136
interesting to see DPOC there at 998.75 and the high of IB at 999.25
KO
koolblue
Rep: 48,651
Posts: 16,032
ok, thats the 5 min boll avg(993) the 54 avg is 995 so ill chicken there
KO
koolblue
Rep: 48,651
Posts: 16,032
reason i dont hold many trades , now i got to sweat this down draft which is probably the back half of the cycle which will take it to 999?
BE
Benny
Rep: 100
Posts: 136
quite a bit at 994 area to get above for the moment
BE
Benny
Rep: 100
Posts: 136
that is also the big volume area from the last 30 min bar
KO
koolblue
Rep: 48,651
Posts: 16,032
remember , use price proj. cycles and the tech indicators! The tendancy is just to rely on cycles, or just rely on proj. and thatll work a lot ... but not always!