原帖由 QQQ 于 2008-11-5 08:10 AM 发表 you did exact the same as mine, congrats! you are graduated from this class.
hello QQQ,
Why do you enter short at 998? Do you enter on the retracement after price broke the low of 10:35AM bar using your BB trading system on 5 minute? Thanks!
原帖由 Taurus168 于 2008-11-5 13:10 发表 hello QQQ, Why do you enter short at 998? Do you enter on the retracement after price broke the low of 10:35AM bar using your BB trading system on 5 minute? Thanks! Tau ...
I said, that was because the second try to 1000 failed at 999, that was why I shorted at 998.
原帖由 QQQ 于 2008-11-5 13:10 发表
840 will not break down in 2008, but will in 2009.
I still think we will see 1100 by Xmas. the pull back should stop above 920 area for any case,
I entered ES long ...
原帖由 qiqiapr 于 2008-11-5 13:12 发表
我觉得纸交不好,更容易over trade你不如限制一天只做1-2个dt ,找最好的entry, 有充分的理由。 and you make your reason for entry consistent for a wk or longer, see how it works. haha, I don't know
原帖由 QQQ 于 2008-11-5 10:12 AM 发表 I said, that was because the second try to 1000 failed at 999, that was why I shorted at 998.
Thanks, QQQ. Would you elaborate why you think that the second attemp to break 1000 failed at 999? I can tell there is a double top around 1000 only AFTER IN FACT. Thank you very much.
I stopped out for 3 points loss, mkt is very confusing now, risk for both longs and shorts are equal. so hold cash is not a bad idea. It has risk to re-test 960, and it still have chance to try 980.
While we watch the battle, I have to say I really appreciate what you have been doing. I think so every time I read your posts. And that doesn't expire until otherwise announced.
mkt so far as you can see is doing orderly stair case pull back, 990, 980, 970, now 96's. I do expect 960 holds today. otherwise, too risky for mkt MM. after 960, the next major stair case is 940, they know that