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Re: pennies2007 post# 124140

Tuesday, 10/15/2013 11:46:52 AM

Tuesday, October 15, 2013 11:46:52 AM

Post# of 140146
Yup Pennies, that's pretty much what I did last night with the au. I did a (3rd time) short entry based on the 1H SZ, and then went out to the 4H and placed my stop well enough into the 4H SZ zone to prevent a spike take out. Worked for me by keeping me in the trade over night & let me get some sleep. Now the price is dinking around my sell order price. But durring the times when I am at my computer, if the 1H gets breeched to the upside, I will take myself out at that point for a smaller loss.
Seems like everything is kind of on hold right now because of the whacko's running this contraption they call a govt.
If they settle this afternoon, the long side of the dollar is where I want to be. But then again, the banksters may also run a big whip saw and prevent anyone from making any money.

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