08/26: enter at their stop

ppteam

the good risk/reward trade is bar2.
short stop is at 1056.5, but stop is 1059.25, that's too much for scalp to the ES gap. normally people use 2 points as absolute stop.
In this case, shorts' stop is 1058.5, enter short at 1058.25, stop is 1059.25, target is ES gap 1055.5.

ppteam

回复 1# ppteam

morning is good.

ppteam

回复 2# ppteam

a lot of points this morning.

Diffusion

这么快反弹就结束了？ 真是有点出乎意料。

ppteam

回复 4# Diffusion

I don't know. tomorrow GDP will be into play. I'd like to see more bounce.

Diffusion

回复  Diffusion

I don't know. tomorrow GDP will be into play. I'd like to see more bounce.:(109) ...
ppteam 发表于 2010-8-26 13:08

    Yeah, more bounce is preferred. But bulls is weak so far...

Diffusion

Tomorrow has two major events, one is GDP number, the other is Ben's speak. It's hard to speculate how the market will response to such a one-two punch. It could be the GDP number is bad but Ben gives investors hope, or GDP number is good but Ben disappointed investors.

ppteam

回复 5# ppteam
I am OK.

ppteam

measured move 就是好，我的第一次空还痔了个小损。

ppteam

盘后总结，今天下破比较经典。

ppteam

from pattern, it's spike and channel up from yesterday's low.
It's very normal for market to test 1045 area, give a take.

ppteam

very classic.

Diffusion

ppteam

回复 13# Diffusion

LOL
I like today's price action.

NumberRules

k~老大的measured move都成茎了。。

Diffusion

回复  Diffusion

LOL
I like today's price action.
ppteam 发表于 2010-8-26 14:40

    tomorrow might be even better. Bears have opportunity to open below 1040 and trigger massive sell off.

ppteam

I am done today.

ppteam

回复 15# NumberRules


呵呵，MM只是个PAPER TARGET而己。老大又大赚了吧。

ppteam

呵呵，出早了.

NumberRules

回复 18# ppteam

没有，哪有老大那么神勇啊。。  近期忙别的事，手生多了。

看你说盘就是享受呐～