Comments on: The Dollar Gets Pounded Again… http://reddragonleo.com/2009/11/26/the-dollar-gets-pounded-again/ Sun, 01 Aug 2010 10:52:22 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Red Dragon Leo http://reddragonleo.com/2009/11/26/the-dollar-gets-pounded-again/comment-page-1/#comment-5145 Red Dragon Leo Fri, 27 Nov 2009 09:17:43 +0000 http://reddragonleo.com/?p=649#comment-5145 Thanks Trader69, I agree that it will most likely be a trend day... down of course. The 60 minute charts look ready to rollover anyway, (and of course they already have), and the daily charts look bearish too.<br><br>Red Thanks Trader69, I agree that it will most likely be a trend day… down of course. The 60 minute charts look ready to rollover anyway, (and of course they already have), and the daily charts look bearish too.

Red

]]> By: Red Dragon Leo http://reddragonleo.com/2009/11/26/the-dollar-gets-pounded-again/comment-page-1/#comment-5143 Red Dragon Leo Fri, 27 Nov 2009 09:15:17 +0000 http://reddragonleo.com/?p=649#comment-5143 Yeah, it should have been the lightest trading volume day of the year... because it's a half day of course, and a holiday. But, now I don't think the volume will be that light. I'm pretty sure it will end up as a "Down" day. As to whether on not we get a bounce? Who knows?<br><br>I'm going short at the open, and if it bounces... I'll ride it out, as Monday should be bloody! Yeah, it should have been the lightest trading volume day of the year… because it's a half day of course, and a holiday. But, now I don't think the volume will be that light. I'm pretty sure it will end up as a “Down” day. As to whether on not we get a bounce? Who knows?

I'm going short at the open, and if it bounces… I'll ride it out, as Monday should be bloody!

]]> By: gcocks83 http://reddragonleo.com/2009/11/26/the-dollar-gets-pounded-again/comment-page-1/#comment-5142 gcocks83 Fri, 27 Nov 2009 09:07:45 +0000 http://reddragonleo.com/?p=649#comment-5142 Thanks for your update and thoughts. I tend to agree with you. The markets were funny acting on Wed. with financial going down and S&P goin up. I am 100% cash since Tuesday and will probably go long the SDS and FAZ in the morning with tight stops incase of a bounce. Should be real interesting half day. Thanks for your update and thoughts. I tend to agree with you. The markets were funny acting on Wed. with financial going down and S&P goin up. I am 100% cash since Tuesday and will probably go long the SDS and FAZ in the morning with tight stops incase of a bounce. Should be real interesting half day.

]]> By: trader69 http://reddragonleo.com/2009/11/26/the-dollar-gets-pounded-again/comment-page-1/#comment-5144 trader69 Fri, 27 Nov 2009 06:41:12 +0000 http://reddragonleo.com/?p=649#comment-5144 hi red... you do write too long, LOL. Just wanted to say, don't be afraid of going short at the open on a type 3 trending day. If you wait....you will be assured of missing the nice trend move. <br>anyway, my opinion counts for shit, but just look at the 60min charts and you'll see the trend on a large gap day. up or down. doesn't matter. All that matters is the trend doesn't lie. :) GL tomorrow. hi red… you do write too long, LOL. Just wanted to say, don't be afraid of going short at the open on a type 3 trending day. If you wait….you will be assured of missing the nice trend move.
anyway, my opinion counts for shit, but just look at the 60min charts and you'll see the trend on a large gap day. up or down. doesn't matter. All that matters is the trend doesn't lie. :) GL tomorrow.

]]> By: Red Dragon Leo http://reddragonleo.com/2009/11/26/the-dollar-gets-pounded-again/comment-page-1/#comment-242 Red Dragon Leo Fri, 27 Nov 2009 03:17:43 +0000 http://reddragonleo.com/?p=649#comment-242 Thanks Trader69, I agree that it will most likely be a trend day... down of course. The 60 minute charts look ready to rollover anyway, (and of course they already have), and the daily charts look bearish too.<br><br>Red Thanks Trader69, I agree that it will most likely be a trend day… down of course. The 60 minute charts look ready to rollover anyway, (and of course they already have), and the daily charts look bearish too.

Red

]]> By: Red Dragon Leo http://reddragonleo.com/2009/11/26/the-dollar-gets-pounded-again/comment-page-1/#comment-241 Red Dragon Leo Fri, 27 Nov 2009 03:15:17 +0000 http://reddragonleo.com/?p=649#comment-241 Yeah, it should have been the lightest trading volume day of the year... because it's a half day of course, and a holiday. But, now I don't think the volume will be that light. I'm pretty sure it will end up as a "Down" day. As to whether on not we get a bounce? Who knows?<br><br>I'm going short at the open, and if it bounces... I'll ride it out, as Monday should be bloody! Yeah, it should have been the lightest trading volume day of the year… because it's a half day of course, and a holiday. But, now I don't think the volume will be that light. I'm pretty sure it will end up as a “Down” day. As to whether on not we get a bounce? Who knows?

I'm going short at the open, and if it bounces… I'll ride it out, as Monday should be bloody!

]]> By: gcocks83 http://reddragonleo.com/2009/11/26/the-dollar-gets-pounded-again/comment-page-1/#comment-240 gcocks83 Fri, 27 Nov 2009 03:07:45 +0000 http://reddragonleo.com/?p=649#comment-240 Thanks for your update and thoughts. I tend to agree with you. The markets were funny acting on Wed. with financial going down and S&P goin up. I am 100% cash since Tuesday and will probably go long the SDS and FAZ in the morning with tight stops incase of a bounce. Should be real interesting half day. Thanks for your update and thoughts. I tend to agree with you. The markets were funny acting on Wed. with financial going down and S&P goin up. I am 100% cash since Tuesday and will probably go long the SDS and FAZ in the morning with tight stops incase of a bounce. Should be real interesting half day.

]]> By: trader69 http://reddragonleo.com/2009/11/26/the-dollar-gets-pounded-again/comment-page-1/#comment-239 trader69 Fri, 27 Nov 2009 00:41:12 +0000 http://reddragonleo.com/?p=649#comment-239 hi red... you do write too long, LOL. Just wanted to say, don't be afraid of going short at the open on a type 3 trending day. If you wait....you will be assured of missing the nice trend move. <br>anyway, my opinion counts for shit, but just look at the 60min charts and you'll see the trend on a large gap day. up or down. doesn't matter. All that matters is the trend doesn't lie. :) GL tomorrow. hi red… you do write too long, LOL. Just wanted to say, don't be afraid of going short at the open on a type 3 trending day. If you wait….you will be assured of missing the nice trend move.
anyway, my opinion counts for shit, but just look at the 60min charts and you'll see the trend on a large gap day. up or down. doesn't matter. All that matters is the trend doesn't lie. :) GL tomorrow.

]]>