sim (this is a chopfest)
stop-limit to get short at .17
filled, 10 tick stop
looks bouncy
:25 stop to be
stops to add to the short at .05 and .95
filled at .05 avg. .10
:27 stop to be at .10
As GOV mentions, this would be a buy area, but also many stops lurking over here
:30 filled at .95 avg .05 & stop to be
Target about 82.20-40 (test of previous resistance), depending on action.
:32 stopped out at be.
stop-limit to get short at .17
filled, 10 tick stop
looks bouncy
:25 stop to be
stops to add to the short at .05 and .95
filled at .05 avg. .10
:27 stop to be at .10
As GOV mentions, this would be a buy area, but also many stops lurking over here
:30 filled at .95 avg .05 & stop to be
Target about 82.20-40 (test of previous resistance), depending on action.
:32 stopped out at be.
I think you are right on direction and ultimately this trade would pay, but we might have to let it retrace a bit, maybe 83.80-83 range? Just a thought.
Probably not the broker of choice from a commission perspective for day trading. But they are solid and have been around for many years. They have "presence" in the pits, which used to count for something.