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Catching Big Waves - a trader's journal of surfing the the markets


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Catching Big Waves - a trader's journal of surfing the the markets

  #181 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

On the 60 minute, stops are just overhead.

[img]https://nexusfi.com/v/5abbam.jpg[/img]

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  #182 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

ES is trying to blow stops as well

[img]https://nexusfi.com/v/zhgzsa.jpg[/img]

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  #183 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011


And, this is why I am not currentl;y interested in following this long.

[img]https://nexusfi.com/v/u3dcue.jpg[/img]

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  #184 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

Still waiting. Stops in close range, heavy volume just gave another burst towards them.

[img]https://nexusfi.com/v/7pg4rj.jpg[/img]

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  #185 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

[img]https://nexusfi.com/v/phn7sz.jpg[/img]

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  #186 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

[img]https://nexusfi.com/v/djqubr.jpg[/img]

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  #187 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

Closed 66 ticks

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  #188 (permalink)
 
Surly's Avatar
 Surly 
denver, colorado
 
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Nice trade Gary!

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  #189 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

That was not the best setup, I would have preferred that the overhead stops blew first. It could have been a trap. And still could be. Trapping shorts here would give the volume needed to continue the move up.

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  #190 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011


Actually, keep an eye out for that as we go into 2-2:30.

NO TRADE WITHOUT CONFIRMATION

NO TRADE IS ANY HIGHER VALUE THAN ANY OTHER

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Last Updated on May 23, 2014


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