Radiomuse 288 posts msg #72092 - Ignore Radiomuse modified |
3/5/2009 4:42:03 PM
I did give ERX a shot, really out of boredom - while I was waiting for FAS to break thru the lower 1.04. ERX looked like a great setup, broke above the 1.04 and opened strongly above it, and it broke above BB10 (well, at least the 10per SMA). Got in at 18.00 at the 12:25est time bar, it went up about .25 I think and then came crashing right down. Got stopped out at 17.64.
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johnpaulca 12,036 posts msg #72109 - Ignore johnpaulca |
3/6/2009 12:43:34 AM
XOI, XNG are looking weak....will go long ERY(58.14) tomorrow.
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johnpaulca 12,036 posts msg #72110 - Ignore johnpaulca modified |
3/6/2009 12:51:42 AM
Gold had a nice pullback recently and now continuing with it's uptrend ...Booya Buys on NEM(40.44), GG(29.95), we had Booya buys 3 days ago on AUY and EGO. If Gold gets above 1000(very possible) we could easily see 1200.
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moby 314 posts msg #72112 - Ignore moby modified |
3/6/2009 1:59:13 AM
hi JP,
AUY booya buy 3 days ago is the green candle that closed inside the 40BB bands?
Then you'd go to a 5 min tomorrow for an entry? or any new day hi on tomorrow's daily?
Would BVN be considered a booya buy on the daily? and be an entry Friday if it went above Thursday's high? (18.80)
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johnpaulca 12,036 posts msg #72127 - Ignore johnpaulca |
3/6/2009 9:06:48 AM
Moby...I try entering before close of a BOOYA buy, they will show up in my scan before EOD, my sell is an exit above the upper BB40 band(my time frame is pretty short in these markets). BVN is a BOOYA BUY with stop set below lower BB40. You are correct about AUY. A safer entry is to let it open above BB10 then enter. Your weekly and daily should also be trading over BB10, you surely want the wind at your back.
-HTH
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johnpaulca 12,036 posts msg #72128 - Ignore johnpaulca |
3/6/2009 9:10:20 AM
Futures are pointing to a higher open...you have to be quick and take profits, keep in mind the TREND IS DOWN.
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johnpaulca 12,036 posts msg #72130 - Ignore johnpaulca |
3/6/2009 9:32:51 AM
BVN...nice pop
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johnpaulca 12,036 posts msg #72131 - Ignore johnpaulca |
3/6/2009 9:43:21 AM
ES...nice move today
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johnpaulca 12,036 posts msg #72135 - Ignore johnpaulca |
3/6/2009 9:53:03 AM
FAZ...still holding from overnight at 99.79(short)...up close to $8, will gave it long chain to run
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moby 314 posts msg #72136 - Ignore moby |
3/6/2009 10:24:47 AM
Thanks JP, I really appreciate you taking time out of your busy day to offer your help. Your system is awesome. If it's all right I'd like to make more posts like that, so I can really nail this thing down. If you prefer not, you can send me an email at mobychix@shaw.ca. Thanks again.
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