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Watching the market unfold

Posted: Fri Nov 14, 2008 10:11 am
by Trader Question
I watched as the mkt went down to the "LIve" weekly PLDot 915.50 & Weekly 1-1 Hi 915.50 and Exhausted.

Went long 916 and "Waaaaaaaited" as the 916 level held for an hour and we crossed inside of the 60 min EB at 915.50 and then moved up to 918.75 as I write hopefully continue to refresh back to the Quarterly PLDot 920 & then the Daily PLDot 926.75

It's a breeze and no (well virtually no) emotional stress as I monitor each 60 min bar & do a "Live" 60 min bar on the 1/2 hour

Its nice to know what the mkts doing and watch it unfold for you in a logical manner

D.M.

Re: Watching the market unfold

Posted: Fri Nov 14, 2008 10:12 am
by pldot
Yes, that's it.
And if you're a perfect trader then you were short all the way down from the 1-1 high and 6-1 down...