johnpaulca
12,036 posts
msg #72840
- Ignore johnpaulca |
3/17/2009 10:04:33 AM
FAZ....went long at $40.5
|
Radiomuse
288 posts
msg #72842
- Ignore Radiomuse |
3/17/2009 10:26:57 AM
Looks like a nice s/r line forming there right about 41.00.
|
johnpaulca
12,036 posts
msg #72843
- Ignore johnpaulca |
3/17/2009 10:30:39 AM
are you in ??? it could run back to $44.xx
|
johnpaulca
12,036 posts
msg #72844
- Ignore johnpaulca |
3/17/2009 10:37:45 AM
DJX...it will be fun when it opens below $71.82 ...assuming you're short.
|
Radiomuse
288 posts
msg #72845
- Ignore Radiomuse |
3/17/2009 10:39:11 AM
Yep, I'm in. Set the stop just below 41. How did you set your stops yesterday?? If there's no "natural" stop, do you just go with something like 2%. I've been experimenting, but think these guys need some more room than that.
|
Radiomuse
288 posts
msg #72846
- Ignore Radiomuse |
3/17/2009 10:52:18 AM
Stopped out. Turning the other way but I'm gonna wait for solid confirmation before jumping back in either direction...
|
johnpaulca
12,036 posts
msg #72847
- Ignore johnpaulca |
3/17/2009 10:54:48 AM
I closed yesterday when I saw the first red bar and it was getting close to EOD. I am now looking now at median BB40 for resistance on the DJX, if it opens above I will close FAZ, this will be my stop.
|
johnpaulca
12,036 posts
msg #72849
- Ignore johnpaulca |
3/17/2009 11:08:31 AM
3/16/2009 3:00:18 PM
DJX got turned back at median BB40 (5-min) I will use this as my resistance band for future trades.
******************************************************************************************************************
This is what I used for my sell stop today.
|
Radiomuse
288 posts
msg #72850
- Ignore Radiomuse
modified |
3/17/2009 11:38:09 AM
I like that idea of using the median bb40 in this case. I got long the shorts again. Already locked in small profits, but they have to run to make up for stupid little whipsaw losses I had at the open. Speaking of whipsaws....http://www.youtube.com/watch?v=LiE1VgWdcQM
|
johnpaulca
12,036 posts
msg #72851
- Ignore johnpaulca |
3/17/2009 12:21:57 PM
FAZ...back in at 40.77
|