Damir's Trading Journal

shaping up to be a no-trade day. already had the no-short signal, and dow is within 15 pts of giving the no-long signal.

ah well, i could use a nap. :-)
 
If you were willing for 9090, would you not wait for 9100?, where there is more obvious resistance, nonetheless it was a good call.

Regards
 
because IMO resistance is defined after the fact. and since there is no YM print @ 9100 the trade you suggest would never have happened.

Quote from Kap:

If you were willing for 9090, would you not wait for 9100?, where there is more obvious resistance, nonetheless it was a good call.

Regards
 
9100 was offered.... my short @ 9094.. out at 9079 for +16..., u seem to have squeezed a little more out of it than me as usual.

Enjoy the rest of your day.
 
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