QQQ Lao Da:
Is it true that gaps ( up or down ) will be filled very quickly , mostly intraday during consolidation period after a big drop.....?
Thanks
原帖由 aght 于 2008-11-11 14:57 发表 QQQ Lao Da: Is it true that gaps ( up or down ) will be filled very quickly , mostly intraday during consolidation period after a big drop.....? Thanks
sell off on gap fill caused by short sqeeze in such weak mkt is normal, now unless there are new buyers step in.
原帖由 QQQ 于 2008-11-11 14:58 发表 OIL/commodity sector now is the only one that holds the mkt. their action is most important.
Laoda, From where (indicators/sector chart/ETF) did you conclude this picture? seems OIL/commodity also dropped a lot during last couple of month with other sectors, I kind of think OIL/Commodity is a last bull sector at the end of bull market cycle. Thanks again.
原帖由 comecomegogo 于 2008-11-11 15:16 发表 Laoda, From where (indicators/sector chart/ETF) did you conclude this picture? seems OIL/commodity also dropped a lot during last couple of month with other sectors, I kind of think OIL ...
energy sectors, OIH, FLR, CVX, XOM, CHK, XLE, XLB compare them now vs. 10/10, and 11/5, 11/6.
today's high and low defined 2 most important lines for tomorrow, I lean towards the down side break down. if you are DT, then use 897 as stop, otherwise, use today's HOD as stop
原帖由 QQQ 于 2008-11-11 15:46 发表
today's high and low defined 2 most important lines for tomorrow, I lean towards the down side break down. if you are DT, then use 897 as stop, otherwise, use today's HOD as stop
Q lao da, in your BB trading system, how do you defferentiate a good entry point from washing off? I made a bad entry for QID in today's short squeeze. When the candle 刺穿BB's lower band, I entered the position. However, this was a falling knife. I even didn't have a chance to enter stop, the price dropped below my stop point. Did you see the similar case before? How did you handle that? Thanks.