I probably shouldn't bother trying to day trade scalp and post...trying to type all these numbers, and of course there's pud sticking his #$%$ head in there so the resulting explanation involving more numbers to type out.
Makes for a screwed up thread.
The part that sucks, aside from not fading the open, is that the information given was useful to anyone here who actually trades, and pud has this thread all screwed up now, as he tries to advance his crusade against TA.
Hey pud, why do you act like something that starts with a "k" sound and rhymes with "hunt" all day long?
Don't you have something better to do?
Yes in another post that got burried, originally under this pointed out I meant 1883.
See waaaaaaaay below.
I would hope most people here would realize it's a typo as I try to share what I'm doing and come over to this screen and quickly type it out for you.
Hey #$%$, you could have bought at 1890 and sold when 1881.50 held.
On 1881.50 holding it was a short, which I took and got filled 1880.
That trade got stopped out at 1876, four points, good enough for me for this morning.
Those levels I gave out were the right levels.
If I were to place another trade it would be another short right here from 1880 area again, however I think it's going to get hung up around 1874-75.
Under there I would short the break out.
There was a trade-able bounce from 1879 for anyone quick on the draw.
There was also a sell from 1881.50, I got filled at 1880 and stopped out at 1876.
The error in my figures, I should have been using the same support from yesterday, 1873-74, so yes there was an error there.
That support area looks strong, imho.
I think there's a re-test of that area coming, and I want to see what happens there.
If there's going to be a bigger sell off that area needs to get burned through decisively, otherwise I'd expect it's a place to get long.
Good point, that's the support I was using yesterday morning. This morning I had 1875.50 for support, that was the wrong level.
Fade the open worked, I skipped it as I said already before you posted here. See below.
There was a bounce from 1879, I missed that as well.
I did post my trade below, shorted 1880 got stopped out at 1776 for four points.
Now I'm watching the prices being back at this morning's support zone, will this become resistance.
He just totally ignored the gap fill and bounce, clearly I gave a heads up.
My first target got burned through pretty fast, then 1879 held firm.
And, since I decided not to fade the open, if 1883-84 holds with not break to the upside, I'll look to short from about there.
Did you fade the open?
Why did the down move stop dead at 1879?
Why did the following bounce, the one happening now, stall at 1881.50?
Another day, and already two more coincidences?