ALSI futures..

[#1]

Momentum is building to the upside. First target still 25300.

[#2]

OOps... opened higher. New target 25500

[#3]

yes..posted after the fact I see.....u really are a fool.....cant u see the gap close imminent...

[#4]

Whatever.

[#5]

No wonder, you lost your Royce.

[#6]

if thats what u call selling for 100% porfit

[john_1]

Opps, That little move burnt my butt. well done M

[JDT]

Got stopped out aswell... anyway got a better entry for the short.

[#9]

so hasty always ...let the short squeeze play itself out.....

[#10]

Anyway target reached, profits locked in. Time for a nice delicious breakfast. Hope all of you's are happy. Now go enjoy your profits.

[john_1]

You are so so right.. I have a entry waiting but as always I think I know better and as a result I am poorer than I should be. Small loss but loss none the less and as we close the gap a good chunk of the quality move is waisted recovering the loss. This is so Normal you would think I had learnt this by now...

[venice]

Sorry to hijack a thread but Chartist do you have a video on gap closing?. I have seen you make comment on it but I have never really followed the conversation and am a little confused about exactly what is being discussed. Would you please direct me or explain again if possible. Ps what do you use as criteria to separate a short sqeeze from a normal rally??

[asylum]

Bolinger bands can be used.

[JDT]

Yip, my trading journal also pointing to my haste as a problem. I tend to get into trades too early... but it's improving... a lot better from when I started trading.

[#15]

all you need is a bit of patience....

[#16]

venice...yes the gap video is there....www.screencast.com/chartist...

[#17]

so when we have closed tha gap on the dow we may have a look at closing this mornings gap...Mkadir...once again you miss the really profitable/no brainer/low risk trade of the day...you were lucky this morning thats all .....not saying the gap will close but if we get through 25351 ish I am there waiting to take the gap

[#18]

We should see a pause in the advance today as long as 25380 holds. My medium target 26500.

[#19]

I still see that potential gap close looming....if it does it will be very swift...like falling off a cliff...

[#20]

yes...exactly like falling off the edge of a cliff...freefall 200 pts...