Black Monday ??

As we speak I just took half of the trade off at the third test of todays high with a market order and got filled 10214 so trade is risk free as of now.

I just don't want to get caught in a consolidation day and wanted to see 10280 today.

So now I can relax and let my other half run or not.

:)
 
Time stop activated and I'm off all at 10200.

I will think about re entering a break out above the high of the day if conditions are favorable.

I hate going into weekends on a sour trade so I will take what she gives me today and be happy with the profit.

 
My feelings from the activity so far today is that we MAY set up a narrow range consolidation day today and that would be nice as Monday could offer a sweet trade, not sure which direction yet but 10,000 to the downside and 10280 to the upside either way I hope to be there.

Will continue to monitor today but not expecting too much.

Will see... :)
 
Quote from hank rollins:

models confirming up close today. still holding longs despite adverse excursion.

:D
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I got negative sentiment still. No sign of reversal so far. Please be careful.
Cheers
 
Quote from Samson77:

My feelings from the activity so far today is that we MAY set up a narrow range consolidation day today and that would be nice as Monday could offer a sweet trade, not sure which direction
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Nice going Samson'. Making money on Friday always seems to make the weekend better.

I quoted your thoughts above because it's my favorite daytrade setup. Everything about it is based on sound principles. And when the primary candidate is an index, you have a ready-made list of stocks to look at if you prefer shares to contracts.
 
inandlong - thanks

The conditions for a late afternoon breakout are almost in place so if we get all systems go I will take it if it doesn't happen too late in the day.

If not well Monday here we come. :)
 
I'm taking profits now on all the calls that I wrote yesterday and today as my sentiment indicators are all turning neutral now.

Cheers.
 
Quote from MAESTRO:

I'm taking profits now on all the calls that I wrote yesterday and today as my sentiment indicators are all turning neutral now.

Cheers.
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LOL

I just shorted 10170 and took some at 10160 holding runners and b/e stop
 
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