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just partialed out with the stop for the rest of the position at 095. I'm gonna give it a chance to get to 18. which was a key level yesterday. Any decent R up there and i'll exit the rest.

this is looking good for me right now, with 3 sharp pointy excursions down to 8/32 met with support. Hopefully it can make it back to at least the high part of today's range.

So there was not enough support at the previous highs (18/32) to keep the market from falling below. Looks like today's high was just a bounce off the previous top of the range from the past few weeks. Until it stays above 112 or below 110 20/32 for a few days, we are by definition still...

I'm out. I especially enjoyed watching 14 ticks of profit appear and then dissapear at the end. That was some smackdown. The rest of tdoay should be a good clue for tommorow.

i'm trailing 60m bars now. if it closes above 23.5 I will hold overnight with a stop at 22.

looks to me like the longs are winning with the sharp "W" ~3AM and at the open, so i'm long. I have an add in place at 11 and a stop at 4 (tho I will try to exit before it hits the stop if need be).

So here were are at the bottom of the support zone from 28 Apr-6 May. I expect it to be pretty volatile and see professional money make some moves. Just watching for now but i'm a whole lot more interested in the long side than short, esp. if it closes above 111 8/32 or so today. Reason: 6...

thx I just moved my stop to 28. Today ended up being sort of a hinge. Whichever way it breaks out is likely to be a decent sized move.

Curious where your adding range is and also your stop. If I had a short running I wouldn't get concerned until 111 15/32 or so (bottom of previous support zone).

What do you all think... To me it looks like the story of the day is support. There were several (at least 4) high volume down bars/groups of bars on the 5 min charts. After these instances there wasn't any follow through and the price so far has come back up every time. This means...

I am long with an avg price of 275. My hard stop is at 240. We are at the bottom of a multi week support zone so I have multi-day holding hopes for this one. Standing by for the market to piss in my cheerios. If it closes with a profit I will risk around 25% on an overnight hold.

:confused:

If you don't mind me asking, what is the exit strategy for the puts? Thanks, Pete

Ah yes, 17 and 8.5, almost bailed at both the high and low of the day. That would truly be something. Unfortunately, I will have to settle for the low tick and 4 ticks from the high. I will try to do better next time.

Hope you all did better than me today!

hard stop at 8.5. That's plenty of chances.

got bigger on the poke, but ready to bail if it doesn't run up

long from 11.5 with a hard stop at 7. However, I don't want it to trade under 10 except for a poke. It was hard for me to take this entry because I don't want to lose on both sides on the same day. But, the trade was there and I knew i'd be more pissed if I didn't take it and it worked.

Joy, turned right at my stop. Plus, the 6:45 ish long entry was a little early for me. Makes up for last week. :D Anyway, the fact that it made it up to 17 has meaning for me, that a down day is now much less likely. So I'll be looking for a another long entry 10-13 to come along per the plan.

As of right now both my long and short setups have the green light, but i'm going with the short side for reasons previously stated. I'm going nite-nite with sell orders at 14 and 16, hard stop in at 17. If the market drops without me in the overnight i'll be looking to short a lower high as...