nikoschopen
2,824 posts
msg #45658
- Ignore nikoschopen |
7/11/2006 9:55:19 AM
On a side note, the lower Keltner band is now below the lower Bollinger band on the 5-min chart. Things might look rosy in the short run.
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nikoschopen
2,824 posts
msg #45659
- Ignore nikoschopen |
7/11/2006 10:09:06 AM
In this game, the truant's maxim "It's better late than never" doesn't apply because it's the "never" that will actually save ure a$$ at the end of the day. As a daytrader, this means that you should wait until the bar or candle has formed in its entirety. I follow the 5-min chart with an occasional glance at the 15-min chart. I do not take my action until the close of that 5-min span.
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nikoschopen
2,824 posts
msg #45660
- Ignore nikoschopen |
7/11/2006 10:30:26 AM
short @ 1272
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nikoschopen
2,824 posts
msg #45661
- Ignore nikoschopen |
7/11/2006 10:34:18 AM
Covered short @ 1269.25
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nikoschopen
2,824 posts
msg #45662
- Ignore nikoschopen |
7/11/2006 10:45:24 AM
short @ 1269
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nikoschopen
2,824 posts
msg #45663
- Ignore nikoschopen |
7/11/2006 10:51:59 AM
covered @ 1269.25
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nikoschopen
2,824 posts
msg #45664
- Ignore nikoschopen |
7/11/2006 10:53:16 AM
As soon as I bail out, the damn thing takes off!
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nikoschopen
2,824 posts
msg #45666
- Ignore nikoschopen |
7/11/2006 11:20:13 AM
Long @ 1869.50
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nikoschopen
2,824 posts
msg #45667
- Ignore nikoschopen |
7/11/2006 11:25:28 AM
I have a good feeling that we've bottome here going forward -- at least in the short run.
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nikoschopen
2,824 posts
msg #45668
- Ignore nikoschopen |
7/11/2006 11:41:48 AM
The ES is slowly advacing forward in a snailass pace, but I'm exerting my not-to-be emulated stoic patience. As long as it remains above the middle Keltner channel, my a$$ is in place.
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