09/02

ppteam

1. Buy stop at bar 4 for 2 points and MM. The easiest trade today
2. short stop at bar 9 for 1 point and stop out even
3. short stop at bar 20 for 2 points and stop out even.
4. limit buy at bar 63 ema, 1084.75 for scalp
5. stop buy at bar 68, for 2 points and 1088.25. It might hit the MM target.

Diffusion

A slow day for DT.

LLN

1. shorted  at bar 20 and covered at bar 22.
2. shorted at bar 40 and stoped out at bar 56.
I was more comfortable with the second short, but it turned out to be a loss.

ppteam

回复 3# LLN

from bar 14, I keep placing stop short, finally got filled.
short bar 20? normally no break out up or down during lunch hour. range day at that point.

LLN

回复  LLN

from bar 14, I keep placing stop short, finally got filled.
short bar 20? normally no ...
ppteam 发表于 2010-9-2 16:22

   
Thanks.
Bar 19 was a failed break out of thoday's high. it could have a ABC move down.
the second short was because the market had a lower high, I thought the trend was down, but I was wrong.
Also I am too bad to change my position from short to long, I will work hard on it.

whzdf

abaqus

don't dare to short today,
two trades,

1. Buy stop at bar 54, out bar 59
2. Buy stop at bar 68 (20EMA buy), out bar 75

bar 39 seems to be good for short per 1)trend line break down 2) 2nd down leg correction.

LLN

回复 7# abaqus


    Thanks for sharing.

LLN

回复 1# ppteam


    I like color chart.

abaqus

回复  abaqus


    Thanks for sharing.
LLN 发表于 2010-9-2 16:56

   

开小差

回复 1# ppteam

下午有事，没有trade。

开小差

回复 5# LLN


    same here, i thought bar 19 is ema gap bar, so i short it, and also i thought today is a doji, so i dare not go long.

LLN

回复 11# 开小差


    Thanks.

开小差

回复 7# abaqus


    why u buy stop at bar 54? could u say say more pls?

ppteam

回复  LLN


    same here, i thought bar 19 is ema gap bar, so i short it, and also i thought to ...
开小差 发表于 2010-9-2 03:23 PM

why bar 19 is ema gap bar? bar 24 is, I should have bought it for at least scalp.

开小差

回复 15# ppteam


    it looks like evening star, also i think 86 area is double top, and i have bearish bias coz i guess the mkt will fill the gap eventually, that's why i short it there.

abaqus

回复  abaqus


    why u buy stop at bar 54? could u say say more pls?
开小差 发表于 2010-9-2 17:30

    after bar 50 (doji), from bar 51 to 53 is consolidation of a small range along EMA,
     1) break out upside will be bullish..
     2) but along EMA movement could be a down side move
     
    so add one tick above bar 53 as a Buy stop at bar 54..

开小差

回复 17# abaqus


    when i see this kind of pattern, i always think bar 53 is still along the ema, so i am not sure whether it will go undercut the ema or break above the ema, how do u judge this kind of situation?

abaqus

回复  abaqus


    when i see this kind of pattern, i always think bar 53 is still along the ema ...
开小差 发表于 2010-9-2 17:45

    you are right.. it can go both way, either up or down ...

    since it is a small range consolidation, I normally trade with the break out direction... Stop order can do this...
    also look at pattern, if you can see someting reliable... for this example.. it could be the end of ABC correction (from bar 19 to 23, to 34, to 45), which means bullish...
    triangular pattern (see that from bar 11,24,45,49 as lower line; 19,34,39 for upper line), then wait for two more bars to buy break out

开小差

回复 19# abaqus


    thx, that's good point.