Day Trading Futures

[Mr.Black]

Congested market on 30 min chart

 

[andycan]

i will give it a little more room on euro
im also short bonds and es these are swing plays

 

[Bez]

Feels like an Exp Flat on the ES....

(Incorrect above the 1386 area....and it turn's into to a slight diff ABC count if the low gets busted ie the big blue B moves to the black (A) )

The dotted lines on the (C) leg are fib ratio's of the (A) wave (61.8 & 78.6)

Just a doodle...

 

[andycan]

bloody window dressing Bez
tomorrow things should be clearer

 

[Mr.Black]

Short on EUR

 

[andycan]

still short euro, es and bonds
also short gold

 

[turtle trader]

still short euro, es and bonds
also short gold

I still think you're shorting the euro too early. Although it may turn round I can't see any evidence of a reversal yet.

As for Bonds & Gold ... did you really just say you're short?!?! Do you have a particular setup that has triggered these positions?

Simon

 

[andycan]

I still think you're shorting the euro too early. Although it may turn round I can't see any evidence of a reversal yet.

As for Bonds & Gold ... did you really just say you're short?!?! Do you have a particular setup that has triggered these positions?

Simon

of course!!!
gold from a geometric point of view has hit a top bonds looks like im going to get slapped only if it goes to new highs but its the market i know best and its always worked well for me
euro well maybe, just familiarising myself with it.

 

[turtle trader]

of course!!!
gold from a geometric point of view has hit a top bonds looks like im going to get slapped only if it goes to new highs but its the market i know best and its always worked well for me
euro well maybe, just familiarising myself with it.

I guess you can't argue with what works. It just shows there's more than one way to skin a cat - I prefer to look for low risk entries into an existing/developing trend rather than trying to pick ultimate turning points.

 

[andycan]

I guess you can't argue with what works. It just shows there's more than one way to skin a cat - I prefer to look for low risk entries into an existing/developing trend rather than trying to pick ultimate turning points.

i usually do too
but quick moves are normally followed by sideways or corrections its the corrections i look for
if its not acting as i would expect i cover

 

[Mr.Black]

My stop is hit

 

[Bez]

That EXP Flat doddle wasn't to far off..... ))

They were just a little mischievous gaping it into the TA traders stops before removing the rug....

 

[andycan]

whats EXP flat doddle

 

[Bez]

http://www.trade2win.com/boards/showpost.php?p=285396&postcount=83

The incorrect above 1386 bit was for the day sess, they were little devils as usual by going for the TA stops in the premarket....

 

[andycan]

http://www.trade2win.com/boards/showpost.php?p=285396&postcount=83

The incorrect above 1386 bit was for the day sess, they were little devils as usual by going for the TA stops in the premarket....

as i said window dressing
es is so bloody obvious, we have had a 1:1 down abc we could have a pop this is where i expect the c leg to subdivide or be a complex move the outside down bar should force it down but its not unusual to have a day or 2 inside

 

[Mr.Black]

Long on EUR

 

[Mr.Black]

The market is in congestion I 'am closing my long position

 

[andycan]

still short euro bonds and es
gold a thorn in my side but still not stopped out

 

[andycan]

still short euro bonds and gold
1/2 covered bonds,euro stop below entry so profitable even if stopped out
still full position in gold and covered es
gold stop lowered

 

[Mr.Black]

Trading range. I'am short in this case :cheesy: