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Dow dropped below 10k. PPT??
I'm still in. Still keeping to rules. See if it can push through .20 for a good run.
Very nice.
In FAZ on the MACD cross other parameters already in place/
Huh?
Looks like banks are flipping ETFs for a nickle today. Somehow this seems like a zero sum game.
out at .85 on MACD cross. Last two trades made 10 bucks. Even if I had 5000 shares instead of a thousand. Wouldn't be worth it. If you were using the 1 minute chart and got in around 16.40 and out on he bollie pop at 16.85 that would be a nice run. With 5000 shares it might even be worth missing lunch. What was the entry and exit on the 1 min??? Anyone???
It's riding the MA7. I can see it making a run to the MA 200.
2:00-2:30
Back in at 16.83. Bear trap???
Meant 16.60 not 16.80 sorry
This is hard here. FAS keeps bouncing around 18.00 and XLF keeps going red then back to green. If FAS loses 17.95 then FAZ will prob shoot up. FAZ was a good by the rules trade since 16.60 with one quick breakdown of the MACD then back in. Still hate this lunch stuff but I'm here so .......
right
OK I'm out even with fees at .83. Should never have gotten in there mid day near the upper bollie. I should have gotten out earlier with a loss on the MACD cross. Dang hard to follow the rules. Never trade over lunch. Never trade over lunch.
Riding the white line. Hanging on by the fingernails.
Down, but no exit signal yet. Shouldn't trade over lunch.
Back in FAZ 16.80 XLF red FAS lost 18
Yeah. May as well stay out until after 2-2:30. Don't want to lose the mornings gain.
Out at 16.65 Market turning up. XLF moving back up. Tired of sitting.
Ok Finally an entrance at 16.60. I'm in but ready to pop out again.
Still no entrance on FAZ on the 5min. And it has been >.30 cent run.
Maybe not. Red market I'll stay.
Real money. Looks like the markets are going to do that kiddie rollercoater for a while. Stepping out until 2:30. See you all later.
Out at .51 Lost .02 from .53. And now finally we have an exit on the five minute at about .45-.47. So Following rules .25 cent run.
back in at .53
out .53 above bol
Got back in at .36 cause it Hit the little white line
By the rules Still no exit on the 5 min.
That's exactly what I've been doing. Got in on signals. Out early. 5min signals said in 18.20. Out early at .41. around upper bollie
I wasn't fast enough
I took the .41. Although still a trade on the 5min.
Still in thru .40
Not an exit on the 5 I'll get out at the upper bollie, maybe.
In FAS 18.20 5min.
FAS was up all day after 10AM. That may have been the bounce.
XLF at one year low.
I do, but maybe I shouldn't.
So in hindsight that was a very good entry on the 5min FAS, but I didn't take it because it was at the upper bollie.
No to options. Different method.
I learned from Darby. He uses 2, sometimes 1. A line is just a long point.