Yes it's Monday - YM!

[d-day]

Or should I say YuM!?!



Looks like this rally might be geting ready for a bit of a pullback at this point as we reach for max wave 5 on the 3 minute.

The chart says it all, so I'll just shut up!

[newguy]

so did you short it at the max target on the red bar?


Or should I say YuM!?!



Looks like this rally might be geting ready for a bit of a pullback at this point as we reach for max wave 5 on the 3 minute.

The chart says it all, so I'll just shut up!

[d-day]

:D No, newguy, I didn't short it, but the thought did cross my mind.

Then I quickly logged out, shut down, and called it a day before I did something I would have perhaps regretted.

By the way, the top tick was 11698 @3:13 EDT, 6 minutes after my post. Now if that isn't a powerful piece of information, I don't know what is!

[newguy]

logged out and shut down? wow that is will power



:D No, newguy, I didn't short it, but the thought did cross my mind.

Then I quickly logged out, shut down, and called it a day before I did something I would have perhaps regretted.

[newguy]

actually I have a question regarding that trade even though I took it: the bars were actually past the WPT's by quite a bit, is that considered a valid setup?



Or should I say YuM!?!



Looks like this rally might be geting ready for a bit of a pullback at this point as we reach for max wave 5 on the 3 minute.

The chart says it all, so I'll just shut up!

[Steve Griffiths]

:D By the way, the top tick was 11698 @3:13 EDT, 6 minutes after my post. Now if that isn't a powerful piece of information, I don't know what is!

Yep, the max Wave 5 WPT nailed the high of the day perfectly :)

Steve

[newguy]

is that a valid setup? the bars are below the WPT's and dont bounce back for quite a few bars?



Yep, the max Wave 5 WPT nailed the high of the day perfectly :)

Steve

[d-day]

Newguy, Steve's Daily Training Report for today (9-26-2006) where he addresses your question on this particular trade.