[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: [RT] Re: 5/11/2001 NASDAQ Turning Point



PureBytes Links

Trading Reference Links

decl are crossing over advn on my 13 min chart now
----- Original Message -----
From: "Joe Duffy" <joeduffy@xxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Friday, May 11, 2001 9:06 AM
Subject: Re: [RT] Re: 5/11/2001 NASDAQ Turning Point


> IMO 10 is way to short to only trade in that direction intraday. Try 50
and/
> or 100 for intraday keeping in mind the 10 ema daily.
>
>
> ----- Original Message -----
> From: Michael Ferguson <wl7bdn@xxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Friday, May 11, 2001 9:16 AM
> Subject: Re: [RT] Re: 5/11/2001 NASDAQ Turning Point
>
>
> > Joe,
> >
> > would that rule scale down to the intraday time frame? ie: on x min or
> tick
> > chart, don't trade long when last price is below xx avg? if so, what
time
> > frame and avg might be appropriate?
> >
> >
> > Michael:     wl7bdn@xxxxxxxxxxxxx
> >
> >
> >
> > ----- Original Message -----
> > From: "Joe Duffy" <joeduffy@xxxxxxxxx>
> > To: <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Thursday, May 10, 2001 21:56
> > Subject: Re: [RT] Re: 5/11/2001 NASDAQ Turning Point
> >
> >
> > Haytham, your posts IMO at least are excellent. Marty Swartz always had
a
> > rule to never day trade short if price was above the 10 day ema, and
never
> > day trade long if price was below 10 day ema. Its amazing when you go
back
> > and look at trade screw ups, how many times something so simple gets
> > overlooked, and how it can save you a lot of aggravation.
> >
> >
> > ----- Original Message -----
> >   From: Haytham Albizem
> >   To: Realtraders
> >   Sent: Thursday, May 10, 2001 10:30 PM
> >   Subject: [RT] Re: 5/11/2001 NASDAQ Turning Point
> >
> >
> >   5/10/2001
> >
> >   The descending has began today, it will accelerate tomorrow.
> >
> >   There in engulfing bearish pattern if you are candlestick trader or
> > outside bar if you are in westerns school of thoughts, there is a lot to
> say
> > about these patterns, entry, exit, probabilities and how to trade them
but
> I
> > leave it to others who are willing to share.
> >
> >   The above you can read in general trading books so I am not going to
> waste
> > my time on the above topic.
> >
> >   Beside to all the pieces I added to the big picture yesterday, there
is
> a
> > lot other things I have not told you and every time you add a color or a
> > line to the picture the picture become clearer and clearer until it
become
> a
> > reality.
> >
> >   Mirror Image by continuing the pattern I describe in my message  4530
> and
> > 4542( Don't follow this pattern from this date, it is too late...)
> >
> >   NASDAQ closed below the 10 day MA
> >
> >   Look at 2 day/bar and see how Doji bar is forming.
> >
> >   IT APPEAR 5/11/2001 WILL BE A TURNING POINT FOR DJIA AND SP500 ALSO
:-)
> > BINGO !!. ENJOY THE RIDE AND HAPPY TRADING.
> >
> >
> >   Haytham
> >
> >
> >   Disclaimer: THIS MEANT AS A TRADING LIVE EXERCISE, IT IS NOT A
> > RECOMMENDATION TO BUY OR SELL, SO USE YOUR OWN JUDGMENT.
> >
> >
> >
> >
> >
> >
> >         Yahoo! Groups Sponsor
> >
> >
> >
> >
> >   To unsubscribe from this group, send an email to:
> >   realtraders-unsubscribe@xxxxxxxxxxxxxxx
> >
> >
> >
> >   Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
> >
> >
> >
> >
> > To unsubscribe from this group, send an email to:
> > realtraders-unsubscribe@xxxxxxxxxxxxxxx
> >
> >
> >
> > Your use of Yahoo! Groups is subject to
http://docs.yahoo.com/info/terms/
> >
> >
> >
>
>
> To unsubscribe from this group, send an email to:
> realtraders-unsubscribe@xxxxxxxxxxxxxxx
>
>
>
> Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
>
>
>


To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx

 

Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/