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It is just my feeling so feel free to disagree, but last couple of weeks it seems the market underestimated how long it would take to go back to normal. Now that several countries worldwide are slowly relaxing measures it becomes clear it is indeed a slow process that will continue to have an...

Enjoy the break in case you indeed take it Volpri. Thanks for your journal so far, really interesting to read a fellow trader's day and compare it with your own. Especially is that other trader is a lot more experienced. Don't forget to come back! P.S. I did not forget about that post I was...

Thanks for the elaborate answer Volpri, I appreciate it. It's bedtime here now, but tomorrow I will post some more thoughts and possibly questions. One quick question already now though: how can the stops of your third trade be below the 10:40 and the 9:10 bars if it was a short? I feel like an...

If we can get above 2905 area I guess 2930 or even 2940 is still possible.

It is clear to see why you took the first two trades: pullback in an uptrend/bull channel/above MA's. No idea why you started shorting there though. Also wonder where your stop was. I can see a short on higher timeframe, but I guess your question was about the chart you posted. So explanation on...

I believe hunting for stops is a real thing sometimes, but not YOUR personal stops and probably not because you post them here. Quite often it is pretty easy to predict where a lot of stops are grouped, making them a target.

Since I appreciate your posts here I will take a shot at answering. In my opinion the answer for most of the questions are "it depends": 1) Yes, in the sense that you should have a stop before entering the trade. Depending on your trading style it doesn't have to be a fixed number, might be an...

That is impressive theapprentice!

If he was buying the june contract. Since he didn't mention it we should assume it was the may contract, so he lost a lot more, no? Or did I miss something (he blocked me, so can't see his posts)

Extremely good post NQ.

You don't have to know what the exact high or low will be to make profit. TA works with probabilities, like poker. If one consistently has odds that are slightly better than 50% in the long run there will be profit. But just like poker trading is hard mentally because good behavior might be...

Good luck! It would be great if you could tell a bit more about yourself and what style you trade? Experience level, known working points, goals, ... Appreciated your posts in B1's journal so looking forward to follow you here.

Indeed, Spooz Top 2 was sitting at the table with Dozu's guys it seems. Impressive. And even now looking back I don't see it.

Completely agree with this. In other words: it is a bubble. There were quite clear signs earlier but now it cannot be denied anymore: the link between value and price is gone.

Short term we might continue creeping up, but I still see this:

Nice entry for a swing short to 2450 here with good Risk_Reward ratio: perfect re-test of the rising wedge/TL above and nice rejection.

I am looking at the same targets: 2710-2720 and if that doesn't hold 2670-2680 next.

This is what I see on the higher TF: we were in a wide channel that seems to have turned into a rising wedge and we are close to the bottom trendline. Interesting days ahead I would think.

OK, wrong again then. :( It would be logical though, like theapprentice says: what happens if someone holds but cannot accept delivery? Broker sells it last minute I suppose? Anyway, I will shut up and let you do the talking. :thumbsup:

Actually I knew that you have to be approved to trade the last day of the contract (prove you are able to accept delivery), but reading a post that claimed he bought at $0.1 stating 'free money' made me draw the conclusion without thinking it through. Thanks for making it clear!