Tough day. If it wasn't

    Posted by unsane on 13th of Feb 2009 at 04:14 pm

    Tough day. If it wasn't for a stupid trade in FAS I would have come out ahead. 

    1 mech ES trade that I should have closed for a profit early on

    1 dumb FAS trade that went my way initially and should have been closed for a profit

    1 mech SRS trade that bought high but closed in the green (exactly the kind of trade a human would never pursue, actually)

    1 mech SKF swing trade that is looking pretty good given the close.

    ES is down to 819 AH suggesting SPX 822-823.

    We are on the support

    Posted by junkmaylbox on 13th of Feb 2009 at 05:55 pm

    We are on the support then. I sold a half of my SKF position, which I bought at close yesterday for a profit. I will buy it again on a bounce. The fast stochastic 5,3,3has closed at a buy signal today, so I am not risking too much here.

    It's my understanding that they

    Posted by roamingjan on 13th of Feb 2009 at 06:45 pm

    It's my understanding that they have to actually crossto give the signal. These are close and almost touching, but have not crossed.

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!