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Monroe replied Sep 9, 2011yea i wouldn't call it scalping really I guess, especially by true definition so you go in and then scale out on the position letting some run and if not cut out at BE? do you have a calculated thing for the scaling or you're just going by PA at the ...
The Really Useless Thread
- Monroe replied Sep 9, 2011
yea I like to pick a solid trade and go all in.... lol nearly 3am here too, same timezone I think that style is funny as hell but seems you do it well bro
The Really Useless Thread
- Monroe replied Sep 9, 2011
should probably wait till the european bourses open up... I would be careful to take a long down here with that 3850 so close... and solid offers rumored at 3950. However it being Friday we might see some profit taking, though I like to see those ...
The Really Useless Thread
- Monroe replied Sep 9, 2011
100% agreed... i would go with the 1hour power...
The Really Useless Thread
- Monroe replied Sep 9, 2011
big stops under the 5900 in cable tonight with the PPI at 430am EST....
The Really Useless Thread
- Monroe replied Sep 9, 2011
whats more powerful to the pattern traders.... an M on the 1M or a trader vic 123 reversal or 2b-reversal on the 1hour?
The Really Useless Thread
- Monroe replied Sep 9, 2011
as i've said before 3800/3850 are big option structures with 3838/36 the July 12 summer lows...
The Really Useless Thread
- Monroe replied Sep 9, 2011
3870/80 is the level to test, if it gets to 3860 it's taking out the 3850... should be decent offers ahead of it and it's friday so might see some profit taking so caution donw there if it takes it out, not much data on the calander, German Final ...
The Really Useless Thread
- Monroe replied Sep 8, 2011
some sick trades here, EmeraldEyes... nice work bro... killing it... who do you know on the inside?
Smexy Trades
- Monroe replied Sep 8, 2011
Have a nice one PTL, Hong Kong is pretty sweet, haven't seen Singapore though... I'm sure thats pretty cool as well.
The Really Useless Thread
- Monroe replied Sep 8, 2011
I'm going to trade after the news of course, if it stretches outside the intermediate range i'll probably look for fades until then, I dont think it's smart to take anything right here
The Really Useless Thread
- Monroe replied Sep 8, 2011
ok fine, i'm not seeing much.... NY should be good times...
The Really Useless Thread
- Monroe replied Sep 8, 2011
seeing downside to 1.40 stops below, bigger below 3950, sitting right on top of the 200DMA...
The Really Useless Thread
- Monroe replied Sep 7, 2011
oh you mean live news service for data events and what not?
The Really Useless Thread
- Monroe replied Sep 7, 2011
I like to check out the main ones reuters.com, bloomberg.com and WSJ and FT and the free DJ service that comes with Oanda (pretty much a lot of the WSJ in it plus more market talk) thats more then enough. Also use IFR markets and 4cast services, ...
The Really Useless Thread