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Trade what you see NOT what you expect

  • #12,581
  • May 15, 2009 10:35am May 15, 2009 10:35am
Not a perfect hanging man at 1hr mistress, but all TF looking bearish, also 50 fibo rebound, and this time the sell pays better .. lock 50 pips
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"Even A Thousand Mile Journey Begins with the First Step"
  • #12,582
  • May 15, 2009 10:36am May 15, 2009 10:36am
Quoting Turtle
She sure is....EO has been pushing her down since Sunday.

HOLLA
I'm going to probably keep my short on her and position trade her. I still see more DOWN on her ass. Today's daily close will be the key for that. I want it to close under the daily 5.
Just digging in the trenches like everyone else!
  • #12,583
  • May 15, 2009 10:47am May 15, 2009 10:47am
Quoting eohater
I'm going to probably keep my short on her and position trade her. I still see more DOWN on her ass. Today's daily close will be the key for that. I want it to close under the daily 5.
Nice job bro.....that is one sweet trade.

Learning everyday......:nerd:

HOLLA
  • #12,584
  • May 15, 2009 10:47am May 15, 2009 10:47am
Quoting eohater
I'm going to probably keep my short on her and position trade her. I still see more DOWN on her ass. Today's daily close will be the key for that. I want it to close under the daily 5.
bearish engulfing on the weekly could take it down another 200 pips or so
Patience + Discipline - Greed = Success
  • #12,585
  • May 15, 2009 10:47am May 15, 2009 10:47am
Count down to Crown T - 15 minutes and counting.
  • #12,586
  • May 15, 2009 10:51am May 15, 2009 10:51am
Guys i know its friday and fridays are cool..Respect the Crown......

er not like this thirsty geezer

www.youtube.com/watch?v=guPmi6K_pQM
  • #12,587
  • May 15, 2009 10:52am May 15, 2009 10:52am
Quoting Infinity
bearish engulfing on the weekly could take it down another 200 pips or so
That's what I'm seeing as well. With a possiblity of 121.4x.
Just digging in the trenches like everyone else!
  • #12,588
  • May 15, 2009 10:53am May 15, 2009 10:53am
Quoting Turtle
Nice job bro.....that is one sweet trade.

Learning everyday......:nerd:

HOLLA
Thanks bro! I wish you were on the bus with me from the top! We talked about it and even talked about it over the weekend before she started her fall.
Just digging in the trenches like everyone else!
  • #12,589
  • May 15, 2009 10:54am May 15, 2009 10:54am
Quoting eohater
That's what I'm seeing as well. With a possiblity of 121.4x.
Possible indeed.... I think 126 area will provide some support though...
Patience + Discipline - Greed = Success
  • #12,590
  • May 15, 2009 10:55am May 15, 2009 10:55am
Quoting analizer
Not a perfect hanging man at 1hr mistress, but all TF looking bearish, also 50 fibo rebound, and this time the sell pays better .. lock 50 pips
locking + 90 now... and continues its fall... go baby, go :money (getting greedy)
"Even A Thousand Mile Journey Begins with the First Step"
  • #12,591
  • May 15, 2009 10:56am May 15, 2009 10:56am
Quoting riggster
Guys i know its friday and fridays are cool..Respect the Crown......

er not like this thirsty geezer

www.youtube.com/watch?v=guPmi6K_pQM

Really if your just going to chug it buy the cheap stuff....
Good Trading To All ; Ken Lee
  • #12,592
  • May 15, 2009 10:56am May 15, 2009 10:56am
Quoting eohater
Thanks bro! I wish you were on the bus with me from the top! We talked about it and even talked about it over the weekend before she started her fall.

We sure did........I just had to take a step back and get things under control, focus on one setup, get comfortable with it and then move to the next. Did very well this week with the 35/50, only one loss.

Trust me bro........I made notes for next time. :nerd:

HOLLA
  • #12,593
  • May 15, 2009 10:58am May 15, 2009 10:58am
What a beautiful way to end the week with the mistress going down for me and sipping the crown.
  • #12,594
  • May 15, 2009 10:58am May 15, 2009 10:58am
Quoting Infinity
Possible indeed.... I think 126 area will provide some support though...
Oh yeah! I agree! 127 will be hard, 126 will be hard and 125 will be even harder. Of couse pshycological 120 will be out of this world.

As we know, she won't move in a straight line, but I have an outstanding price on her ass and she's paid me very nice on the swing thus why I'm willing to move it to a position trade and hold over the weekend.
Just digging in the trenches like everyone else!
  • #12,595
  • May 15, 2009 10:59am May 15, 2009 10:59am
Quoting Turtle
We sure did........I just had to take a step back and get things under control, focus on one setup, get comfortable with it and then move to the next. Did very well this week with the 35/50, only one loss.

Trust me bro........I made notes for next time. :nerd:

HOLLA
Nothing wrong with that bro! Great job keeping the discipline!
Patience + Discipline - Greed = Success
  • #12,596
  • May 15, 2009 10:59am May 15, 2009 10:59am
Quoting Turtle
We sure did........I just had to take a step back and get things under control, focus on one setup, get comfortable with it and then move to the next. Did very well this week with the 35/50, only one loss.

Trust me bro........I made notes for next time. :nerd:

HOLLA
There will be more! Always are.
Just digging in the trenches like everyone else!
  • #12,597
  • May 15, 2009 11:00am May 15, 2009 11:00am
Quoting eohater
Oh yeah! I agree! 127 will be hard, 126 will be hard and 125 will be even harder. Of couse pshycological 120 will be out of this world.

As we know, she won't move in a straight line, but I have an outstanding price on her ass and she's paid me very nice on the swing thus why I'm willing to move it to a position trade and hold over the weekend.
Patience + Discipline - Greed = Success
  • #12,598
  • May 15, 2009 11:02am May 15, 2009 11:02am
Anyone have any thoughts on my UJ swing? I'm thinking now if we closed the daily under the 100sma I'll be targeting 93.7x for possible target. Weekly is looking tired though. Monthly hints at 91 as a possiblity as well. Might just hold this on as well and turn to position on it.
Just digging in the trenches like everyone else!
  • #12,599
  • May 15, 2009 11:03am May 15, 2009 11:03am
Quoting Infinity
Nothing wrong with that bro! Great job keeping the discipline!
Like your tag line states.........

HOLLA
  • #12,600
  • May 15, 2009 11:04am May 15, 2009 11:04am
Quoting eohater
There will be more! Always are.
Sure will bro.....

Did a 35/50 reverse on demo....long at 5219. :nerd:

HOLLA
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