not sure if I understand this correctly, but it seems quite a
few folks including matt and steve think the market might have a
slightly better chance to push up rather than coming down. I just
loaded some TNA and hoping the inversed H&S will play out.
sarah -- meaning this in the best way, make sure you know your
stop and what your risk reward is on the trade. A slightly
better chance to push up doesn't sound like such great odds to take
a trade, especially in a downtrend. I see the possibility of
some upside too and am just daytrading at present - just saying to
be careful trading based on the general analysis of others.
sara - I was just throwing out some of my thoughts on the VIX
pattern and how it may unfold (and how it may impact the SPX).
You should rely on your triggers to make entries in
accordance with your trading style/timeframe/objectives.
fingers crossed
Posted by sara on 23rd of Aug 2010 at 02:36 pm
not sure if I understand this correctly, but it seems quite a few folks including matt and steve think the market might have a slightly better chance to push up rather than coming down. I just loaded some TNA and hoping the inversed H&S will play out.
sarah -- meaning this in
Posted by Michael on 23rd of Aug 2010 at 03:12 pm
sarah -- meaning this in the best way, make sure you know your stop and what your risk reward is on the trade. A slightly better chance to push up doesn't sound like such great odds to take a trade, especially in a downtrend. I see the possibility of some upside too and am just daytrading at present - just saying to be careful trading based on the general analysis of others.
sara - I was just
Posted by steve on 23rd of Aug 2010 at 02:48 pm
sara - I was just throwing out some of my thoughts on the VIX pattern and how it may unfold (and how it may impact the SPX). You should rely on your triggers to make entries in accordance with your trading style/timeframe/objectives.
thank you guys
Posted by sara on 23rd of Aug 2010 at 03:20 pm
thank you guys
Sarah this system just triggered
Posted by thermo on 23rd of Aug 2010 at 04:13 pm
Sarah this system just triggered short on the indices. He ignores everyday whipsaws. More of the longer therm lookout.
http://www.mytrendtimer.com/