MBI today

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MonkeyTrader
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MBI today

Post by MonkeyTrader »

Will be watching MBI today. FYI.

Don´t say I didnt warn you !
I really don´t mind being on the other side of your trade.
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MonkeyTrader
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Joined: Fri Nov 20, 2009 12:10 pm

Re: MBI today

Post by MonkeyTrader »

you cant say I didnt say.
I really don´t mind being on the other side of your trade.
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Bon
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Re: MBI today

Post by Bon »

Not that big a deal in the scheme of things is it ?

Whats the big deal ? Sorry.. lol Cant see it. 30c move ?
Please be constructive....
Debate is encouraged! We are all here to LEARN :-)
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MonkeyTrader
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Re: MBI today

Post by MonkeyTrader »

I did happen to think it would extend past the 7.50

It didn´t

Still grabbed a bit, and in my book, thats ok. Profit is profit.
I really don´t mind being on the other side of your trade.
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Bon
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Re: MBI today

Post by Bon »

Yes, you have a good point there, profit is profit.

There were two breakouts, did you get it all the way then ?

Good job anyway. I read the post and then got the chart up, because of the post I expected it to be like 100% or something. Sorry. Indeed a move like that can generate some very nice profits with little risk. Nice. :)
Please be constructive....
Debate is encouraged! We are all here to LEARN :-)
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MonkeyTrader
I´m Rather Good Now !
Posts: 177
Joined: Fri Nov 20, 2009 12:10 pm

Re: MBI today

Post by MonkeyTrader »

Not all the way no.. 7.16 and eventually got stopped with just over 20c in the bag.

Just based on the preaction and the last support from the day before. normally wait for the breakout but it seemed more than likely to test the premarket level and it just flew from there so no complaints.

It was a bit annoying because I was reducing the load at 7.49 but it didn´t fill, so no profit got locked in there
I really don´t mind being on the other side of your trade.
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