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Correct.....by 948.00 traded all of my position was covered......I call that b/e. I had price already sitting right at my position entry level for the most part just prior to news trading 947.00's, so bailing just prior to news is b/e in my book (last held positions which I had to cover did not...

Targets at 941.50 now filled. :)

With the news/price reaction, I have been able to enter two full levels of entries with somewhat bigger position size than I was holding from 947.50/948.50 (had already scaled some of these entries out before on the 922.50 run), and now shift my positions to the 956.50/956.75 levels...

Trade entries need to be made on the same CONSISTANT criteria (news or no news)....I entered my trades today within the EXACT same criteria I always do. I can SEE the order flow realtime......I enter trades when I meet my criteria in order flow shifts (aggressive without a delta divergence and...

Tbug.......some holders still did not bail and they are fading this move.........keep hanging on to your lawn chair you just might get the start of a good ride today. The news reaction this a.m. will have a good potential to cause a blowoff which then gives bulls a perfect place to exit final...

Volatility is GOOD for traders.....951.50's filled. :)

OK....holding some 956.50's and 956.75's now......lets see what we get. :) First targets at 951.50 and next at 946.50 level.

Like I said....hang on to those LAWN CHAIRS!!! :eek: :D I will start to look for entries between now and cash session open for any possible fade of the news reaction.....I will be looking for entries at 955.00 or higher. :) Last 947.50/948.50 entries out on news spike at b/e 948.00...

RICOH laws.......... http://www.ricoh-usa.com/ :D :p :eek: :eek: :p :D BTW.......... http://www.endthefed.us/ :cool:

***WOW.....JUST WOW......BREAKING NEWS!!!*** Are you all watching this????? Greenspan and Bernanke are getting detained and arrested under FEDERAL CHARGES!!!!!!! HOLY &%^&*@ $HIT! :eek: :eek: :eek: I'm watching this live and they are getting charged right now as I type under...

So thats what "stocktrad3r" looks like........:eek: :D

We still have the whole AH/EU session to trade through, but there is the possibility of the news reaction tomorrow creating a new higher high which would then get faded. Funds buying equities have pressed the market right up under the very large held short inventory in futures (have seen this...

ALWAYS know, they NEVER make it too easy for everyone else.....:)

Now MAKE THE DECISION to SUCCEED!!!!! Time to man up and go get the job done.......don't give the market the satisfaction of another who quits!!! http://www.youtube.com/watch?v=oT7F0oG6zRM

It is not about just being positive.....it is about your attitude/mentalities while you work through a new challenge in life (as we ALL have to do......MANY TIMES in our lives). Hey, you are going through a tough TEST, so spend the energies on solutions not on excuses.....you were ALREADY...

If you JUST KNOW you CAN'T WIN......YOU WON'T!

Like too much naked skiing!!! :eek: JK.....LOL! :D

Simple really......at the EOD it is ALL YOUR CHOICE...... 1) QUIT 2) Improvise, Adapt, Overcome :cool:

Here is one CME (IOM) member making some decent coin off the screen and this from only scalping (from a new thread here at ET)........ http://www.elitetrader.com/vb/showthread.php?threadid=165989

Absolutely not true.......find what tools you can use to analyze the ORDER FLOW and THEN you have something to work with.......follow those "commercials"!!! :cool: