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To: AllansAlias who wrote (9808)8/10/2001 2:49:54 PM
From: JRI  Read Replies (3) | Respond to of 209892
 
Here's some wild-a$$ guess for you...I think we see headfake pop going into/at 3PM....I'm gonna short it (post 3PM), with a tight stop at today's highs....

I think shorts who wanted to cover have...longs gonna get a bit nervous if we start heading toward that 1940 today...I think it'll be magnet...

How does this jive with your count here...?



To: AllansAlias who wrote (9808)8/10/2001 2:57:31 PM
From: Jack of All Trades  Read Replies (1) | Respond to of 209892
 
Just got whipped out for -.25

The only candle I use is the hammer, this one didn't have strong volume under it but did fall in at the 2b top and was ~1.5 pts away from a EMA line I use... I was looking for it to move back to the EMA which it did 91.75 but I didn't take the trade off when repelled. Protective Stops are placed ~2/3rds up the total candle when trade is entered. No way I use them on 1min time frames.

I should probably reframe from posting my scalps and only post once well positioned it is costing me... I've had a couple profitable trades that I let go...