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Like a turtle to his balcony...


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Like a turtle to his balcony...

  #1841 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
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  #1842 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
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1) Stops taken out




2) Responsive Buying


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  #1843 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
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Rob, I am long 104.80. Look over what I PM'd you this morning about waiting for the stops to blow, etc. I am targeting 105.32

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  #1844 (permalink)
 
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 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011


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  #1845 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
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Posts: 6,462 since May 2011

I am doing a lot of other work today, trading QM (half size) because it sits still better and gives me more time to look

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  #1846 (permalink)
 
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 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011




The pink box in the ON value area, which was rejected at the open, price wanted to test Y LOD. If E holds as excess, this should be a decent trade.

I bought below yestreday's value, "on sale" so to speak.

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  #1847 (permalink)
 
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 GaryD 
Orlando, Florida
 
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Posts: 6,462 since May 2011

The negative of this trade is we are still one timeframing lower


Price is trying to be accepted into RTH value...

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  #1848 (permalink)
 
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 GaryD 
Orlando, Florida
 
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Platform: shoes
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Posts: 6,462 since May 2011





watch 104.85 for confirmation

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  #1849 (permalink)
 
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 Brutus 
Adelaide Australia
 
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GaryD View Post
The negative of this trade is we are still one timeframing lower


Price is trying to be accepted into RTH value...

Price is also stuck in a neat channel / DTL since the open. Might need to shake out the low first.

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  #1850 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011



Brutus View Post
Price is also stuck in a neat channel / DTL since the open. Might need to shake out the low first.

Might, I have no idea

But there were buyers there, that is all I know. And where they were yesterday. And what my risk to reward is.

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Last Updated on August 5, 2013


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