StockFetcher Forums · General Discussion · Intraday with BIDU<< >>Post Follow-up
cr0cop
87 posts
msg #76180
Ignore cr0cop
7/9/2009 11:36:37 AM

hey everyone, i've been playing BIDU using the formula pivot points and lines from the highest and lowest price off the first 15 minutes... (it seems to be a good pivotal point). i've been using those as support/resistance and it is going really well....i am also using a virual 1 -3 risk to reward ratio............ anyone else doing this?

johnpaulca
11,301 posts
msg #76182
Ignore johnpaulca
7/9/2009 11:54:56 AM

Good job cr0cop. Where was you entry and exit today. My entry would be an open above ema100($275.50) and it would still be running.


cr0cop
87 posts
msg #76188
Ignore cr0cop
7/9/2009 12:26:13 PM

hey thanks............. i had a line at 271.94 and i got in a bearish entry a few cents under then got out right away because it started going bullish and i switched to bullish, and caught that big fish, got out around 278 when it seemed to be forming a double top

johnpaulca
11,301 posts
msg #76190
Ignore johnpaulca
7/9/2009 12:31:25 PM

My stop would now be an open below $2.81(BB12,0.1) in my system

johnpaulca
11,301 posts
msg #76192
Ignore johnpaulca
7/9/2009 12:48:58 PM

Stop moved to $282

johnpaulca
11,301 posts
msg #76195
Ignore johnpaulca
7/9/2009 1:20:24 PM

BIDU...would sell at $84...resistance is at $84.20. Looking at the daily we have major resistance above plus market is not too happy.

cr0cop
87 posts
msg #76291
Ignore cr0cop
7/10/2009 1:57:19 PM

hey john did you get in BIDU today?

johnpaulca
11,301 posts
msg #76298
Ignore johnpaulca
7/10/2009 2:48:29 PM

cr0cop: I didn't, busy at work today )<:


cr0cop
87 posts
msg #76343
Ignore cr0cop
7/12/2009 3:58:43 PM

hey john, im looking at the EUR/USD in the forex and im thinking about using my same strategy that i use with BIDU on the EUR/USD specially since the spread is smaller and less commissions, what do you think?

johnpaulca
11,301 posts
msg #76352
Ignore johnpaulca
7/12/2009 11:19:54 PM

cr0cop....go for it, it should work the same.


StockFetcher Forums · General Discussion · Intraday with BIDU<< >>Post Follow-up

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