cr0cop
87 posts
msg #76180
- Ignore cr0cop |
7/9/2009 11:36:37 AM
hey everyone, i've been playing BIDU using the formula pivot points and lines from the highest and lowest price off the first 15 minutes... (it seems to be a good pivotal point). i've been using those as support/resistance and it is going really well....i am also using a virual 1 -3 risk to reward ratio............ anyone else doing this?
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johnpaulca
12,036 posts
msg #76182
- Ignore johnpaulca |
7/9/2009 11:54:56 AM
Good job cr0cop. Where was you entry and exit today. My entry would be an open above ema100($275.50) and it would still be running.
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cr0cop
87 posts
msg #76188
- Ignore cr0cop |
7/9/2009 12:26:13 PM
hey thanks............. i had a line at 271.94 and i got in a bearish entry a few cents under then got out right away because it started going bullish and i switched to bullish, and caught that big fish, got out around 278 when it seemed to be forming a double top
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johnpaulca
12,036 posts
msg #76190
- Ignore johnpaulca |
7/9/2009 12:31:25 PM
My stop would now be an open below $2.81(BB12,0.1) in my system
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johnpaulca
12,036 posts
msg #76192
- Ignore johnpaulca |
7/9/2009 12:48:58 PM
Stop moved to $282
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johnpaulca
12,036 posts
msg #76195
- Ignore johnpaulca |
7/9/2009 1:20:24 PM
BIDU...would sell at $84...resistance is at $84.20. Looking at the daily we have major resistance above plus market is not too happy.
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cr0cop
87 posts
msg #76291
- Ignore cr0cop |
7/10/2009 1:57:19 PM
hey john did you get in BIDU today?
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johnpaulca
12,036 posts
msg #76298
- Ignore johnpaulca |
7/10/2009 2:48:29 PM
cr0cop: I didn't, busy at work today )<:
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cr0cop
87 posts
msg #76343
- Ignore cr0cop |
7/12/2009 3:58:43 PM
hey john, im looking at the EUR/USD in the forex and im thinking about using my same strategy that i use with BIDU on the EUR/USD specially since the spread is smaller and less commissions, what do you think?
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johnpaulca
12,036 posts
msg #76352
- Ignore johnpaulca |
7/12/2009 11:19:54 PM
cr0cop....go for it, it should work the same.
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