GM Traders
Daily PP: 856.25
Weekly PP: 861
Monthly PP: 881
POC: 829.75
R1: 895.75
R2: 918.75
60m: 933, 980.50
15m: 910, 914.50, 922
KO
koolblue
Rep: 48,651
Posts: 16,032
A bit impulsive perhaps ,but cycles are on my side for at least a bit anyway.
KO
koolblue
Rep: 48,651
Posts: 16,032
covered 898.50, plus 3 on each, now up 22.25 and buying 2 @ 896.50
KO
koolblue
Rep: 48,651
Posts: 16,032
You know one call i totally flubbed was the call for a decline to 863 last nite! never got past 867.50.. while some would be happy with that ,im not usually off that much.. im still not sure what happened there!
KO
koolblue
Rep: 48,651
Posts: 16,032
whats next? back to the 5 min boll avg at 904.50? if so ill sell it ..if not my order to buy 896.50 stands
BR
BruceM
Rep: 216,211
Posts: 19,895
How true Kool..the way I look at is if the market only trends 30 % of the time ( and that's probably generous) then we need to make most of our money on counter trend trades unless you are the type who can take many losses and win on the trending 30 % of the time...I can't
quote:
Originally posted by koolblue
you know what i really love? A 300 point up day in the dow and most of us made most of our money SHORTING the market. FRIDAY TOO you know your doing something right when you can do that! Congrats to all.. c ya tomorrow!