I am GOING short again at 30170

[#1]

just to let you know before i do it.

[cheapcheap]

whats your target ?

[#3]

there are several. first profit take is at 29960 second 29760 and the last is open (trailing)

[#4]

should lod of yestsrday not be exceeded i will adjust first target slightly to just below 30 000. This is a profit lock in target.

[#5]

Using a trailing stop? what percent? and time period?

[#6]

trailing stops do not have time periods - they depend on price. 150 points

[#7]

no plonker, what time period are you expecting to hit 30000? how long should I stay in the trade?

[#8]

bit of a sharp tone to be taking against a guy that seems to be driving your trading strategy for you?

[SimonPB]

lol

[#10]

Where have I said that I am trading his statements?

[SimonPB]

it's called lines .. we read between them while waiting for another post or market crash ..

[#12]

Evidence of serious herd mentality here. Sure there seems to be a history between some of parties here but I love the way everyone else jumps on the bandwagon. Reminds me of the asch experiment. Makes you think...

[#13]

oh...I gotcha

[doomsdayza]

but the trends up. at least a test of R1 @ ~250 no?

[#15]

Thanks Dr Phil

[#16]

okay... who is the herd?

[#17]

so far so good. If 30 000 proves to be too much i will take some profit.

[#18]

Cash - I didnt answer your question - for obvious reasons. The market provided the answer for you. As you will come to discover it does not operate according to ones timeframes.

[#19]

At what point would you consider that the target you chose was incorrect and to take profit? Why did it not reach that target? Did you take profit at 11:05?

[#20]

I have now taken first profit at 29990 as stated. Head and shoulders will cause move to next target