Shield Therapeutics Share Discussion Threads

[bracke] 12/2/2014 16:20

Babywolf

"stupid and desperate"
=====================

And with the DOW !!!!

I know the attraction of the DOW is big points but it is volatile and risky to trade.


I could go on but will simply mention:

retrace, retest, etc.

You may have to close for a loss. If you are lucky it will rise to yesterdays close ie. 15,995.

[babywolf] 12/2/2014 16:10

because I thought the swing upwards past the recent high of 16025 meant it was onwards and upwards - stupid stupid stupid - I completely misinterpreted the information - instead of following the flow to the bait.. etc etc
I am paying the price for being both stupid and desperate - a fatal combination

[bracke] 12/2/2014 16:07

Why did you go long ?

[babywolf] 12/2/2014 16:04

Am kicking myself

[babywolf] 12/2/2014 16:03

yes
I am stupid - it never dawned on me that it would be a 'safe' trade to short down to this level!
I've just posted on FX:

wernluck - I am watching and unfortunately leapt in too early - dow went up just shy of 16040 -
a) how long should one watch price action for before getting confirmation that it is 'safe' and
b) do you anticipate that this will bounce off the low of 15937?
I hope you don't mind my asking you direct questions like this

El C/Jon isn't the only one that needs cuffing to a radiator

[bracke] 12/2/2014 16:00

Babywolf

DOW 10 minute SMA 200 is at 15,931.

Are you long the DOW ?

[babywolf] 12/2/2014 15:57

in a scenario like this, what exactly takes the price down to those levels - I know reference has been made to 'them' on many occasion but is this actually manipulated down and then back up - or is it a genuine mathematical balancing?

[bracke] 12/2/2014 15:43

No you are not being dense at all you are correct.

I had it as a slightly different figure.

It may go lower to 10 Minute SMA 200. I also have a number of s/r lines around that level.

[babywolf] 12/2/2014 15:41

have I been particularly dense Bracke?

[babywolf] 12/2/2014 15:37

that was the figure on wernluck's chart at 'need to take out a low'

[bracke] 12/2/2014 15:34

Why 15937.5 ?

[babywolf] 12/2/2014 15:24

and maybe down to 15937.5
:(

[bracke] 12/2/2014 15:14

Stuck its nose above the line but now dropped back.

[babywolf] 12/2/2014 14:51

needs to get past 16025 (I think) before it can go up

[babywolf] 12/2/2014 14:39

DOW in the failed swing area as I type

[babywolf] 12/2/2014 14:23

Although wernluck didn't answer your question on FX, it appears that the middle prong of the pitchfork was the area for the bounce - am closely watching to see if this holds

[babywolf] 12/2/2014 14:18

Did them each time Bracke. Thank you though.

[bracke] 12/2/2014 13:26

Babywolf

If you haven't already, I suggest you print and keep wernluck's posts at 256479 and 256480.

They are so simple but they are gems.

[babywolf] 12/2/2014 11:34

Thank you Bracke

[bracke] 12/2/2014 11:22

Good day Babywolf

[babywolf] 12/2/2014 10:03

Good morning all

Bracke would you mind posting the chart link for the DOW when you have a minute?

[babywolf] 11/2/2014 20:39

El C - not my type of music but its a fun video