NQ DT 01/27/10

black

1. big up then big down open, strong reversal at the end of second leg so not likely big down here.
2. high 2 entry, second try to go up here. but it's a outside bar, bulls and bears are still fighting so no long.
3. strong bear bar confirmed the no decision, possible range bound ahead.
4. tight range bound between 11:30-12:30, also mid range of the day, near EMA, lots of dojis, any breakout will likely to fail. best action here is go to lunch.
5. breakout failed, market going up.
6. breakout failed again. this is also a breakout failure of 5 failed. a failed failure is a VERY reliable trade to the opposite side. it indeed followed by a big down.
7. break down again of the tight trading range. a short can be entered at 7 or two bars later after the bull bar pullback.
8. rate decision ahead, better not to trade.
9. two-legged pullback to EMA after breakout, long! note this is the first time a bar close below EMA after more than a hour.

kyshuishou

thx

fead

ding!

kyshuishou

非常感谢，最近几天关注你的帖子学习了不少东西，今天我做的spy如下：

BigFan

thanks you guys
i got a question, i do trade @9, but i trigger it  a little bit early.  should be late a little bit.
my question:
at that time, my stop is 1800, but i still want to know how others trade.
do you trade after first green bar or after the second green bar or just trade below 20 ema.
(i guess you have another evident for this trade : there a flat zone5-6 before there )

please give me some hint when you are convenience.
thanks

mengtt

开小差

thx, ding

donkeygirl

谢谢啊

slcgh

black

thanks you guys
i got a question, i do trade @9, but i trigger it  a little bit early.  should be late a little bit.
my question:
at that time, my stop is 1800, but i still want to know how others  ...
BigFan 发表于 2010-1-27 17:23

use a stop buy order at one tick above previous bar's high.
the safest the entry here is one tick above 9's high because two bar before was a doji and the bar after that is a outside bar, meaning bulls and bears are still fighting.

black

非常感谢，最近几天关注你的帖子学习了不少东西，今天我做的spy如下：

kyshuishou 发表于 2010-1-27 16:34

nice picture, yes, that might be a bull flag. also a breakout pullback to the mid of day range

wyjhyd

BigFan

thanks black.
i am appreciated your knowledge, it is very help for myself. thanks again.

if you don't mind. could you tell me something about stop?
how much did you use?  maybe we change another way to make it clear.

if you dt. you use candle bar high low or use support or resistant?
if you swing, use big picture or use risk/profit ratio?

any hint would be help. thank your notice.

asap

acoust

greenback