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Along with this sideways trading, the market was also forming a wedge w/
higher lows and lower highs, usually a forecast of a breakout.
Harry
----- Original Message -----
From: "aimlion11" <ddwilliams@xxxxxxxxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Thursday, July 16, 2009 4:03 PM
Subject: [RT] Re: Reversal Times for EMINI
> Excellent question. The market had been moving sideways most of the day.
> Previous to the sideways movement, it had been moving up. Most often,
> after an upward movement, followed by a sideways movement into a reversal
> period, the market goes up. Of course, I had to see some confirmation of
> this before I made the recommendation to BUY. And with a 2 point stop,
> this 10 point move only netted me 5 points.
>
>
> --- In realtraders@xxxxxxxxxxxxxxx, "NSN - RR" <nnandra@xxx> wrote:
>>
>> There is no doubt that the market has moved 10 points.
>>
>> But ex ante, how would you have known to go long, instead of short? Not
>> criticizing, genuinely curious.
>>
>>
>>
>>
>>
>>
>>
>> From: realtraders@xxxxxxxxxxxxxxx [mailto:realtraders@xxxxxxxxxxxxxxx] On
>> Behalf Of aimlion11
>> Sent: Thursday, July 16, 2009 2:53 PM
>> To: realtraders@xxxxxxxxxxxxxxx
>> Subject: [RT] Re: Reversal Times for EMINI
>>
>>
>>
>>
>>
>> Emini up almost 10 points from the reversal time frame.
>>
>> --- In realtraders@xxxxxxxxxxxxxxx <mailto:realtraders%40yahoogroups.com>
>> ,
>> "aimlion11" <ddwilliams@> wrote:
>> >
>> > Another 6 reversal signals for the time period 11:00 to 12:00. This
>> > should
>> cause a CIT for the day.
>> >
>> > --- In realtraders@xxxxxxxxxxxxxxx
>> > <mailto:realtraders%40yahoogroups.com>
>> , "aimlion11" <ddwilliams@> wrote:
>> > >
>> > > 11:00 AND 11:20 CST
>> > > May act as one reversal.
>> > >
>> >
>>
>
>
>
>
> ------------------------------------
>
> Yahoo! Groups Links
>
>
>
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