XJO 1.75% 8,092.3 s&p/asx 200

monday trading, page-11

  1. 4,361 Posts.
    good morning voltaire and all

    i do have a 55 td hit (on the spx) yesterday - but the bol.band and moving average grid on the weekly suggest that 1407 may be possible for monday.

    so, in essence - gse was right (again) and i was wrong. lol.

    i also have 29-30/4 and 6-7/5 as next turn dates. while i'm getting hits on my dates, directions completely off of late - but i still think 6-7/5 to be a high.

    i decided to take the day off from trading yesterday. just as well, cause i would have got yesterday completely wrong.

    my timing system was out by a couple of hours on thursday and the market finished higher than i had expected (but that's an operator failure and not the system lol)....but yesterday bared no resemblence to highs/lows than i was anticipating.

    however, it was the first time in the last three weeks that it was completely off - so, i'm not ready to give up on it yet.

 
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