Exactly, panic selling at least has dip buyers coming in now and then, not a straight run down.
I will add that my platform froze at ES 1099 and I was unable to buy any dip. I must now eat my chips dry...
I've been waiting for a long signal ever since my last sim long was stopped out. Why I am not shorting in the live account is beyond me. Suffering from "too low" syndrome again :p
(Made a nice week's pay on POT again today though)
ET should be charging admission to this thread. Whenever emg announces a level he's going long or short, all you have to do is immediately take the opposite side and ride it to the level he's got his order parked at.
Nice entry, still simming scale out strat, longed @ 78.69, stop now to b/e, targeting break thru previous resistance, but not holding my breath on that.
Trade CL (crude oil). Trade with the trend or counter-trend to catch the new trend but ONLY off a confirmed reversal (first lower high or higher low after 3 or more legs in the original trend). Always place a stop at the previous pivot point. If you are diligent about this, I'm sure you'll...