ACI trade.
Posted by funkho
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ACI trade. March 07, 2011 10:10PM |
RTT turned me on to ACI as an upcoming trend. When I checked out the chart, I found this trade. I entered on 3/02 and exited on 3/04 for a 100% gain in the front month option.
This is a classic case on 'trading into a wedge'. Coupled with a trend line break to the upside. The RTT trend window had not yet started, but seeing this chart had me jumping in.
I followed this with a play on HAS the next day, again RTT pointed me at that trade as well. It looked almost identical.
By the way, I'm pretty excited to see RTT forums. I have been using RTT for quite a while, and I am looking forward to hearing how other people use RTT.
Oh and... First post.
This is a classic case on 'trading into a wedge'. Coupled with a trend line break to the upside. The RTT trend window had not yet started, but seeing this chart had me jumping in.
I followed this with a play on HAS the next day, again RTT pointed me at that trade as well. It looked almost identical.
By the way, I'm pretty excited to see RTT forums. I have been using RTT for quite a while, and I am looking forward to hearing how other people use RTT.
Oh and... First post.
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Re: ACI trade. March 29, 2011 06:55PM |
Traded BIDU
In trade 3/21/11 at abt 10:12 AM
Out of trade 3/24/11 on open
Used a 55 chart and moving averages to enter trade. Candle found support with all the moving averages I use. They are 200, 50, 20, 10, & 8. I do not use 8 moving average on charts larger than 55. All my indicators on the 55 chart gave me a solid up. (Indicators are Stoch RSI, MACD, Directional Movement. ) Daily chart was showing an upward bias off all moving averages.
Research Trade also gave all green for BIDU ….so thank you for even more confidence in the trade.
Closed position on a Daily chart when candle moved outside Bollinger Band. I knew pull back would be possible probably the next day or two. So I took my money and ran!
Would insert chart (I use Qcharts) but haven't figured out how to do that....Sorry
In trade 3/21/11 at abt 10:12 AM
Out of trade 3/24/11 on open
Used a 55 chart and moving averages to enter trade. Candle found support with all the moving averages I use. They are 200, 50, 20, 10, & 8. I do not use 8 moving average on charts larger than 55. All my indicators on the 55 chart gave me a solid up. (Indicators are Stoch RSI, MACD, Directional Movement. ) Daily chart was showing an upward bias off all moving averages.
Research Trade also gave all green for BIDU ….so thank you for even more confidence in the trade.
Closed position on a Daily chart when candle moved outside Bollinger Band. I knew pull back would be possible probably the next day or two. So I took my money and ran!
Would insert chart (I use Qcharts) but haven't figured out how to do that....Sorry
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BIDU March 31, 2011 12:11PM |
Nice trade on BIDU, Darcy.
Regarding posting of the chart, be mindful of sharing the indicator settings.
I've heard somewhere it's OK if the numbers are blocked off.
Regarding posting of the chart, be mindful of sharing the indicator settings.
I've heard somewhere it's OK if the numbers are blocked off.
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Re: BIDU April 01, 2011 10:06AM |
Thank you for the reminder. It is probably best I do not show the chart. Since I do not know how to post one, blocking the numbers would be an additional "I do not know how to do that". 
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