Radiomuse
288 posts
msg #71748
- Ignore Radiomuse |
2/25/2009 10:26:27 AM
John - so the long entry is on the green bar after the red bar retests the BB?
Btw - my 5min bars don't seem to be quite matching up with yours. What time zone are you using? And is that a 1.04 BB being broken and retested there?
Thanks for the chart - and your patience!
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johnpaulca
12,036 posts
msg #71749
- Ignore johnpaulca |
2/25/2009 11:13:41 AM
Radio....timezone is Mountain Standard. The line being tested is my BOOYA line BB(40,0.4), yet another band.
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johnpaulca
12,036 posts
msg #71750
- Ignore johnpaulca
modified |
2/25/2009 11:17:42 AM
FAZ...still holding. If this market is really churning then we should see more downside for FAZ...we just have to wait and see. If FAZ is in a strong up trend then support should be around the upper or Median BB(40).
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johnpaulca
12,036 posts
msg #71751
- Ignore johnpaulca |
2/25/2009 11:28:46 AM
FAZ...now on the median BB(40), this is support and where I should be taking half off the table or getting out completely.
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Radiomuse
288 posts
msg #71752
- Ignore Radiomuse |
2/25/2009 11:47:29 AM
Hopefully you were too slow to pull the trigger!
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johnpaulca
12,036 posts
msg #71753
- Ignore johnpaulca |
2/25/2009 11:58:28 AM
As I said, I am expecting more downside, I didn't sell. I will wait for a open and close above BB(10)
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johnpaulca
12,036 posts
msg #71754
- Ignore johnpaulca
modified |
2/25/2009 12:12:50 PM
FAZ..out at $60...$3.46 profit .....long at $60.47(BOOYA buy)
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johnpaulca
12,036 posts
msg #71755
- Ignore johnpaulca |
2/25/2009 12:39:38 PM
FAZ...Out at $61.61...$1.14 profit....I will sit it out for awhile
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johnpaulca
12,036 posts
msg #71756
- Ignore johnpaulca
modified |
2/25/2009 1:02:12 PM
FAZ...short at $61.63
BTW- My decision to short was also based on a BOOYA buy on the DJX
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Radiomuse
288 posts
msg #71757
- Ignore Radiomuse |
2/25/2009 1:47:48 PM
Nice, you are killing it. So the Booya is the 40, .4 upper and lowers? It sounds like you also use the 10 and 40 moving averages??
If FAZ goes a full bar above the lower 40, 1.04 now, will that be a signal to cover?
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