Al Brooks breaks down his trades and gives you the underlying rationale. He doesn't just blindly throw out a random number like someone that I know, who openly claims himself as a "born-again Al Brooks' acolyte" but does none of the things he teaches.
I made over 30 points today by shorting the...
C'mon, you can do better than that. I've read a bit of Al Brooks myself, and I know he does not throw any random numbers off of his head. Give me a reason why you believe we will reach 3800 in 2 weeks. And not just empty words but a chart with annotations a la Al Brooks style.
It's a toss-up imo. It can go either way. But we're on a shaky foundation and no traders will take their position home over the weekend. As it was amply illustrated by the 20 point drop on Sunday, there's way too much risk involved.
So what's it gonna be???
The Federal Open Market Committee of the Federal Reserve will be concluding its two-day meeting today. The committee will face pressure to keep interest rates on track, despite deciding to inject liquidity into the money markets Tuesday and despite calls from Trump to...
That's right, baby, big fat 18-point ticks.
And guess what? Those homies, they almost knocked me out, but they just couldn't. Came up to 91.75 (my stop was at 92). BWHAHAHA!!!! :finger: :D
BANG ON, BOYS!!
Oh c'mon, that's a gain of 18 points (provided I don't get stopped out). You call that a scalp?
FYI: 18 ES points = (approximately) 180 points Dow Jones