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Sloppy trading on my end today. Unfocused working on my day job, but I've had this trade on for hours now. It's more of a "hope" trade at this point, but the R/R looks right, so I'll just hold it for now. Might get out B/E on the next pop if it doesn't get traction. Funny about your 7 year old. :)

77. Will stop out near the LOD. Had many chances to get out, so I'm probably stupid.

Next hurdle above should be 3795. Question is if this could really rip if we get back inside yesterday's range? Seems very airy all the way from 3805 to 3840.

Very visible IHS in place now. Back to the mid-point here at 3785. We really need a solid move above this level to get any traction for the longs.

Makes sense.

Nice! How much in total? Are you generally more of a scalper? I've lost count of how many unrealized 5 + point trades I had today stopping out for B/E, so I'm sure it would have been a better day if I were better at taking profits.

Interesting. Yesterday was a bigger move down as well, so a bit of consolidation isn't odd. I was expecting more down side momentum if we were headed lower today, so that's what's making me lean long for the next major move. But I'm long, so we'll probably tank.

Drip drip... Scalpers must be having the time of their life. A world of pain for intraday swing traders... :)

Bigger bear flag or IHS. A double failure on the mid-point isn't a good sign for now...

Do you have an uncle point and target?

On this pop - it was NQ that reversed off it's RTH mid-point. They're not always in sync, so it can pay attention to see how they play off each other. The tricky part is of course to know if it's an actual reversal or just a temporary pullback. I don't have any strong reads for this day. We...

Correct.

IHS if this ~ 72 level holds.

Let's see if this second attempt at the mid-point gets anywhere. Very choppy action. @SunTrader: I pay most attention to the RTH mid-point in the RTH session. It's definitely a level of interest.

Reversed swiftly off that mid-point. Back to the range low. If higher on the day, surely we would need to see some good upside momentum from here ASAP. Higher time frames and the daily still looks very heavy.

I pray you're right and can definitely see it happening. I have the mid-point as my line of reference on days like these. If we pop above that one and finally the Open - looks good for a move higher. But I'm not relaxing until we're well above 3785. If we get back inside yesterday's range -...

Yes. Best to sell those rips (or just below a swing high). I just stopped out on a bad chase entry. Taking a breather here.

Yeah. NQ is leading lower now. I'm a bear, but I struggle to short this. Please help... I think I'm afraid that "they" will show up as soon as we make new lows.

Maybe I should become a scalper again. Had a ton of + 5 unrealized go back to B/E or B/E + 1 tick today. Just happened again. Leaning long as long as this range holds.

Range low (80) held. I'm long with a B/E stop from this zone.