TheRumpledOne 6,529 posts msg #68533 - Ignore TheRumpledOne |
10/17/2008 1:41:35 PM
GAP FILL!!
Don't you just love statistics?
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lctrcbddha 28 posts msg #68541 - Ignore lctrcbddha |
10/17/2008 3:19:28 PM
> GAP FILL!!
> Don't you just love statistics?
Did you exit your long at the weakness ~10:25 (time per your chart)?
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TheRumpledOne 6,529 posts msg #68551 - Ignore TheRumpledOne |
10/17/2008 4:23:42 PM
Remember, you do not have to exit your full position.
You can always let some ride.
Look at the chart, the previous high was broken.
Can you "see" the trendline that can be drawn along the lows?
Price pulled back to that line and bounced.
Not to mention, AAPL likes to FILL THE GAP.
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lctrcbddha 28 posts msg #68552 - Ignore lctrcbddha |
10/17/2008 5:26:00 PM
> Can you "see" the trendline that can be drawn along the lows?
> Price pulled back to that line and bounced.
I was only looking at the horizontal lines.
I was ignoring indicators like trendline pullbacks, bounces, higher lows, etc.
And that the price went up $1 and stopped.
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TheRumpledOne 6,529 posts msg #68597 - Ignore TheRumpledOne |
10/20/2008 6:17:17 PM
Simple.
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maxreturn 745 posts msg #68622 - Ignore maxreturn |
10/21/2008 9:53:44 AM
TRO, I thought you only milked AAPL and RIMM.
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billrider321 70 posts msg #68654 - Ignore billrider321 |
10/21/2008 11:45:29 PM
GAP FILL!!
Don't you just love statistics?
TRO - how do you play this one. can you please clarify your entry and exit condition. I can only trade first 30 min after market opens so have some limits.
in this example you would be easily stoped out.
I know you have a buy zone. If you have a stop BUY order placed on crossing that where is your stop. How much do you target.
Is 1 % stop and profit reasonable.
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TheRumpledOne 6,529 posts msg #68690 - Ignore TheRumpledOne |
10/22/2008 4:18:59 PM
WHY TRADE ANY OTHER WAY?
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lctrcbddha 28 posts msg #68744 - Ignore lctrcbddha |
10/24/2008 10:29:59 AM
I'm liking AMGN - but only when it gaps down.
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lctrcbddha 28 posts msg #68749 - Ignore lctrcbddha |
10/24/2008 1:24:43 PM
AMGN filled. I admit I took my profits after the nice pop from the open, I didn't think the fill would happen today.
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