(Apologies for the garbled log, not sure what gives)
Session Time: Mon Jun 03 00:00:00 2013
[08:56]
01[09:00] <&Threei} can I do a comb thing without first two, and consider a day done?
[09:03]
[09:03]
01[09:03] <&Threei} coffee... only through the straw, I wouldn't be able to hold a cup yet
[09:03]
[09:04]
[09:04]
[09:05]
[09:05]
[09:05]
[09:05]
[09:06]
[09:06]
[09:06]
[09:06]
[09:06]
[09:06]
[09:06]
[09:07]
[09:07]
01[09:07] <&Threei} dp :)
[09:08]
[09:08]
[09:08]
[09:08]
[09:08]
[09:08]
01[09:08] <&Threei} les :)
[09:10]
[09:10]
[09:10]
[09:12]
[09:12]
[09:12]
[09:13]
01[09:13] <&Threei} dino :)
[09:13]
[09:13]
01[09:13] <&Threei} bman :)
[09:13]
[09:13]
[09:14]
[09:14]
[09:14]
[09:14]
[09:14]
01[09:15] <&Threei} yes dino... finished with 1:3er
[09:15]
[09:15]
01[09:16] <&Threei} alex :)
[09:16]
01[09:17] <&Threei} ron :)
[09:18]
01[09:18] <&Threei} will :)
[09:22]
[09:22] <_epach div="" morning="">
01[09:24] <&Threei} cipher, epach :)
[09:24]
01[09:24] <&Threei} jd :)
[09:24]
[09:24]
[09:30]
01[09:30] <&Threei} ese :)
01[09:31] <&Threei} Short Setup: GDX .75 break
01[09:32] <&Threei} If holds .85
[09:32]
01[09:32] <&Threei} Invalidated
[09:32]
01[09:33] <&Threei} Long Setup: C .90 break
01[09:33] <&Threei} If holds .84
[09:34]
01[09:34] <&Threei} 1:1
01[09:34] <&Threei} 1:2
[09:35]
[09:36]
01[09:36] <&Threei} yw
[09:36]
[09:36]
[09:37]
[09:38]
01[09:38] <&Threei} new rule: no words longer than 2 syllables on Mondays first 30 min
[09:38]
[09:39]
[09:40]
01[09:40] <&Threei} :)
[09:40]
[09:41]
01[09:44] <&Threei} Long Setup: JPM .50 break
01[09:44] <&Threei} If holds .40
01[09:46] <&Threei} no go
[09:46]
01[09:47] <&Threei} Long Setup: CAT 86 break hl
01[09:47] <&Threei} If holds .90
01[09:48] <&Threei} JOM rinse
[09:49]
[09:49]
01[09:50] <&Threei} on onr's discretion alex
[09:50]
01[09:51] <&Threei} 1:1
[09:51]
01[09:54] <&Threei} friking JPM
[09:54]
[09:55]
[09:55]
[09:55]
01[09:56] <&Threei} thank you for youir rearview mirror insight
[09:56]
[09:56]
[09:56]
01[09:58] <&Threei} Long Setup: IWM .95 break
01[09:58] <&Threei} If holds .90
[09:59]
01[09:59] <&Threei} 1:1
[09:59]
01[09:59] <&Threei} bad numbers
[09:59]
[10:00]
01[10:00] <&Threei} (US) APR CONSTRUCTION SPENDING M/M: 0.4% V 0.9%E
01[10:00] <&Threei} *(US) MAY ISM MANUFACTURING: 49 V 50.5E; - Source TradeTheNews.com
[10:01]
[10:01]
[10:03]
[10:03]
[10:03]
[10:04]
[10:04]
[10:04]
[10:04]
01[10:11] <&Threei} go ahead, explain this one
[10:11]
[10:11]
[10:12]
[10:13]
01[10:13] <&Threei} US Supreme Court justices rule police can take DNA samples from people charged but not convicted of crimes
[10:13]
[10:13]
[10:13]
[10:14]
[10:14]
[10:14]
01[10:15] <&Threei} Short Setup: GDX .10 break
01[10:15] <&Threei} If holds .20
[10:15]
[10:16]
[10:18]
01[10:19] <&Threei} stop to .16
[10:19]
[10:20]
01[10:21] <&Threei} I doubt it
01[10:21] <&Threei} loss of .80 is more likely
[10:34]
[10:35]
[10:36]
01[10:36] <&Threei} Long Setup: IWM 98 break
01[10:36] <&Threei} If holds .90
01[10:39] <&Threei} move your butt IWM, you are ready for 1:3
01[10:39] <&Threei} grrr
01[10:40] <&Threei} rug pull SPY
01[10:41] <&Threei} IMF cuts 2013 German growth forecast from 0.6% to 0.3%
01[10:46] <&Threei} GDX... are youi kidding me?
[10:49]
[10:50]
[10:51]
[10:51]
[10:53]
[10:53]
[10:53]
[10:54]
[10:55]
01[10:57] <&Threei} watching WMT for pullback entry
[10:57]
01[10:58] <&Threei} Long Setup: WMT .55 break
01[10:58] <&Threei} If holds .45
[11:00] <_epach -="" .18="" .23="" div="" intc="" long="">
01[11:04] <&Threei} sacre blu
[11:04] <_epach 1:1="" div="">
[11:05]
[11:05]
[11:06]
[11:07]
[11:08]
[11:10]
[11:11]
[11:12]
01[11:13] <&Threei} a few headlines on it dino
01[11:13] <&Threei} presents dats form a few studies, and upgraded at CS with 73 target'
[11:13]
[11:15]
[11:15]
[11:15]
[11:16]
[11:19]
[11:20]
[11:23]
01[11:26] <&Threei} Long Setup: TZA .40 break
01[11:26] <&Threei} If holds .30
[11:28]
[11:29]
[11:30]
[11:32]
01[11:32] <&Threei} WMT another rinse
01[11:32] <&Threei} believe it or not
[11:32]
01[11:32] <&Threei} 1:1 TZA
[11:34]
01[11:35] <&Threei} hmm?
01[11:35] <&Threei} lost me
01[11:36] <&Threei} stop is a stop
01[11:36] <&Threei} it's taken and forgotten
[11:36]
01[11:36] <&Threei} making observation how many rinses in one day
01[11:36] <&Threei} market changes, we observe the ways it does, to adapt
01[11:37] <&Threei} if rinses on standard setups become a routine, we switch to aggressive or conservative entries
[11:39]
[11:39]
[11:39]
[11:39]
[11:40]
01[11:40] <&Threei} letting trigger go, waiting for a rinse to occur, entering on recross
01[11:47] <&Threei} Long Setup: FCX .10 break
01[11:47] <&Threei} If holds 31
01[11:55] <&Threei} 1:1
[11:57]
01[11:57] <&Threei} let me send you a photo of Merilin Monroe
[11:57]
[11:58]
[11:58]
[11:58]
01[11:58] <&Threei} 1:2 is close enough, 1/4 more out
01[11:58] <&Threei} yw
01[11:58] <&Threei} 1:2
[11:59]
[12:00]
[12:00]
[12:00]
[12:03]
[12:04]
[12:04]
[12:07]
[12:10]
[12:10]
01[12:10] <&Threei} ?
[12:10]
[12:11]
01[12:11] <&Threei} hold on, so I follow:
01[12:11] <&Threei} the price of first entry?
01[12:11] <&Threei} and time
[12:11]
[12:12]
[12:12]
[12:12]
[12:12]
[12:12]
[12:12]
[12:12]
01[12:13] <&Threei} OK, one modification:
01[12:13] <&Threei} perfect way to play this kind is to buy recross of a stop level
01[12:13] <&Threei} as in:
01[12:13] <&Threei} .50 entry would have been stopped under .40,
[12:13]
01[12:13] <&Threei} rinse and run of the stops leads to an exit rush,
01[12:14] <&Threei} usually it asppears ina form of a tail if things happen within 1 min,
01[12:14] <&Threei} and if .30 is holding, then .40 recross is where you want to be in
[12:14]
01[12:14] <&Threei} This way you have:
01[12:14] <&Threei} .30 as your new stop, under the low of the tail,
01[12:15] <&Threei} .50, previous trigger as a first partial, which puts you in a very safe territory,
01[12:15] <&Threei} rush of new buyers which is likelyto take you to 1:2 for you whivch is 1:1 for them
[12:15]
[12:15]
[12:16]
01[12:16] <&Threei} and one more thing it gives you:
01[12:16] <&Threei} moral satisfaction of being on a smart money side, as you use rinseds tops instead of being rinsed
01[12:16] <&Threei} well, this is a mix
01[12:16] <&Threei} pure aggressive is buying before the break
01[12:17] <&Threei} conservative is buying on a pullback to a break level
01[12:17] <&Threei} this is something else, that has some traits of both
[12:17]
01[12:17] <&Threei} I call it DKTK setip
01[12:17] <&Threei} Don't Kid The Kidder\
[12:18]
[12:18]
01[12:18] <&Threei} it's a beaty is all regards but one:
01[12:18] <&Threei} you never know in advance when it's time to switch to it, you come to it only after seeing a few rinses
[12:19]
[12:20]
01[12:21] <&Threei} (CY) Fitch lowers Cyprus rating one notch to B- from B
01[12:21] <&Threei} seriously? thwere is soemthing left to downgrade there?
[12:23]
01[12:28] <&Threei} jd... so I get your classification... Would FCX count as a son of a goat having full set of paernts?
[12:29]
01[12:29] <&Threei} OK, I think I start getting a hand of it
[12:29]
01[12:29] <&Threei} lol
[12:30]
01[12:31] <&Threei} ahha, more nuances
[12:33]
[12:34]
[12:39]
[12:39]
[12:39]
[12:41]
01[12:41] <&Threei} yes
01[12:41] <&Threei} so, born out of wedlock, but parents stay in touch and contribute to his raising?
[12:42]
01[12:42] <&Threei} OK... writing that down
[12:43]
01[12:47] <&Threei} let's see if we can get it on a pullback
[12:47]
01[12:47] <&Threei} that I'd dare, pure break - not so much
[12:47]
01[12:48] <&Threei} yup
01[12:48] <&Threei} sharp drop toward .40 would be ideal
[12:48]
[12:48]
01[12:48] <&Threei} well... try to wear duck helmet
[12:49]
[12:55]
01[12:56] <&Threei} Long Setup: FAS .20 break
01[12:56] <&Threei} If holds .10
01[12:56] <&Threei} that was fast 1:1
01[12:57] <&Threei} anyone got it?
[12:57]
[12:57]
01[12:57] <&Threei} hmm?
[12:57]
[12:58]
01[12:58] <&Threei} 1:2
[13:00]
01[13:00] <&Threei} :(
01[13:01] <&Threei} anyway, look at the description of DKTK setup, and this chart... perfect match
[13:01]
[13:01]
[13:02]
01[13:02] <&Threei} sp why not buy .30 break on a rinse?
01[13:02] <&Threei} since we established today is that kind of a day
[13:02]
[13:03]
[13:03]
01[13:03] <&Threei} I don't understand WY entry
[13:04]
[13:06]
[13:07]
01[13:07] <&Threei} why did you enter it in a first place?
01[13:07] <&Threei} I see now setup whatsoever
01[13:07] <&Threei} now = no
[13:08]
01[13:09] <&Threei} if you can't name setup, it's not there. Don't trade on these generalities
01[13:09] <&Threei} what you list is criteria for looking at it as a candidate
01[13:10] <&Threei} candidate differs from actual trade by valid setup
[13:11]
01[13:25] <&Threei} Short Setup: MCD .40 break hl
01[13:26] <&Threei} If holds .50
01[13:28] <&Threei} sugh
[13:29]
01[13:29] <&Threei} lol
[13:33]
[13:33]
[13:37]
[13:43]
[13:44]
[13:45]
[13:45]
[13:51]
01[13:54] <&Threei} Long Setup: TNA .35 break
[13:54]
01[13:54] <&Threei} If holds .25
01[13:55] <&Threei} pullback entry for .50 break
[14:00]
01[14:01] <&Threei} :)
[14:04]
[14:05]
[14:05]
01[14:05] <&Threei} yw
[14:07]
[14:07]
[14:15]
01[14:15] <&Threei} Short Setup: GDX .10 break
01[14:15] <&Threei} If holds .20
[14:16]