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Trade what you see NOT what you expect

  • #12,101
  • May 13, 2009 8:27am May 13, 2009 8:27am
Quoting KENNETH lEE
THAT'S WHAT I'M TALKING ABOUT BABY !!!

http://www.noisemakers.net/images/dancing_smileys.gif
We are getting closer and closer to EO's target of 127.xx. I have been riding her up and down most of the way. I just took another short off 131.00 and banked 45 and I'm covered. I'm working her for all she has.
  • #12,102
  • May 13, 2009 8:49am May 13, 2009 8:49am
Quoting PippiNole
We are getting closer and closer to EO's target of 127.xx. I have been riding her up and down most of the way. I just took another short off 131.00 and banked 45 and I'm covered. I'm working her for all she has.
Good job bro!
Just digging in the trenches like everyone else!
  • #12,103
  • May 13, 2009 8:54am May 13, 2009 8:54am
Quoting PippiNole
We are getting closer and closer to EO's target of 127.xx. I have been riding her up and down most of the way. I just took another short off 131.00 and banked 45 and I'm covered. I'm working her for all she has.
What would you say if I said I'm starting to see 125.5x as a possiblity as well?
Just digging in the trenches like everyone else!
  • #12,104
  • May 13, 2009 9:00am May 13, 2009 9:00am
Quoting PippiNole
We are getting closer and closer to EO's target of 127.xx. I have been riding her up and down most of the way. I just took another short off 131.00 and banked 45 and I'm covered. I'm working her for all she has.

I don't what EO's reasoning for that price is but I see a shelf on the dailly around there...and a trendline about there . time it gets to that level thes might intersect..
Attached Image (click to enlarge)
Click to Enlarge Name: 1a Misc EJ.JPG Size: 118 KB
Good Trading To All ; Ken Lee
  • #12,105
  • May 13, 2009 9:03am May 13, 2009 9:03am
Quoting eohater
What would you say if I said I'm starting to see 125.5x as a possiblity as well?
I would say I'm in for a nice ride. How are you doing stranger?
  • #12,106
  • May 13, 2009 9:03am May 13, 2009 9:03am
Quoting KENNETH lEE
I don't what EO's reasoning for that price is but I see a shelf on the dailly around there...and a trendline about there . time it gets to that level thes might intersect..
Nice chart Ken.
  • #12,107
  • May 13, 2009 9:15am May 13, 2009 9:15am
Quoting PippiNole
I would say I'm in for a nice ride. How are you doing stranger?
Busy bro! I have two more days of this and my life will start to get back to normal.
Just digging in the trenches like everyone else!
  • #12,108
  • May 13, 2009 9:16am May 13, 2009 9:16am
I'm long in my live account on GU @ 5130, just took some profit and covered.

HOLLA
  • #12,109
  • May 13, 2009 9:20am May 13, 2009 9:20am
Quoting Turtle
I'm long in my live account on GU @ 5130, just took some profit and covered.

HOLLA
Yeh mate this test of 1h and 4h tl will be interesting. Hammer forming on my 4hr due to close in 42 mins, bullish on the 1h and 15m.

Maybe a false breakout brought about by news, we may see her forging on with her northbound move.
  • #12,110
  • May 13, 2009 9:23am May 13, 2009 9:23am
Quoting Turtle
I'm long in my live account on GU @ 5130, just took some profit and covered.

HOLLA
Nice entry bro! I got in at 5127. Taken some and covered as well.
Just digging in the trenches like everyone else!
  • #12,111
  • May 13, 2009 9:25am May 13, 2009 9:25am
Quoting Turtle
I'm long in my live account on GU @ 5130, just took some profit and covered.

HOLLA
sweet trade Turtle

Macc
  • #12,112
  • May 13, 2009 9:28am May 13, 2009 9:28am
Quoting eohater
Busy bro! I have two more days of this and my life will start to get back to normal.
Hang in there. Your swinging is going pretty good.
  • #12,113
  • May 13, 2009 9:28am May 13, 2009 9:28am
Quoting Turtle
I'm long in my live account on GU @ 5130, just took some profit and covered.

HOLLA
5200 is my next profit target bro! You know what's there on the 15m and you know what to do.
Just digging in the trenches like everyone else!
  • #12,114
  • May 13, 2009 9:30am May 13, 2009 9:30am
Quoting PippiNole
Hang in there. Your swinging is going pretty good.
Old days of trading bro! My first profit on my UJ swing was hit at 96 as well. I still have soldiers moving south on that one as well but it might not get much lower. We'll see.
Just digging in the trenches like everyone else!
  • #12,115
  • May 13, 2009 9:31am May 13, 2009 9:31am
Quoting Turtle
I'm long in my live account on GU @ 5130, just took some profit and covered.

HOLLA
  • #12,116
  • May 13, 2009 9:36am May 13, 2009 9:36am
Quoting eohater
Nice entry bro! I got in at 5127. Taken some and covered as well.
Quoting Turtle
I'm long in my live account on GU @ 5130, just took some profit and covered.

HOLLA
Great job guys!! I got in myself at 5119 and 5090 .... took some profit at 5165... looking for 5200 as well...
Patience + Discipline - Greed = Success
  • #12,117
  • May 13, 2009 9:36am May 13, 2009 9:36am
Quoting riggster
Yeh mate this test of 1h and 4h tl will be interesting. Hammer forming on my 4hr due to close in 42 mins, bullish on the 1h and 15m.

Maybe a false breakout brought about by news, we may see her forging on with her northbound move.
My 4HR doesn't closed for another 90 minutes but right now it's forming a nice hammer with a bounce off of the 50sma with a support line at 5065.

If it's false breakout no problem, I'm locked in, let's see if this move might take her higher, especially if that 4HR lives up to the Hammer.

HOLLA
  • #12,118
  • May 13, 2009 9:37am May 13, 2009 9:37am
Quoting eohater
Nice entry bro! I got in at 5127. Taken some and covered as well.
Good job bro......

HOLLA
  • #12,119
  • May 13, 2009 9:38am May 13, 2009 9:38am
Quoting macc
sweet trade Turtle

Macc
Thanks bro.......

HOLLA
  • #12,120
  • May 13, 2009 9:39am May 13, 2009 9:39am
Quoting riggster
Having changed th 50 sma to 50 ema on my 15m

I see its now sitting below my 35 rather than ontop!

This could make a considerable difference to 35/15 cross & reverse entries!
Keep both the 50ema and 50 sma on your chart...
Patience + Discipline - Greed = Success
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