Quote from rroverx:
quiet day again? this market has moved a lot today, esp currencies....
I'm still short but if audusd moves up again it seems ES is following it..... I'm still short a large core position in ES but i'm getting uncomfortable. I may take some off if we get above 78ish.
Quote from Handle123:
I got long ES near double bottom, faster I can identify "Megaphone" pattern the better as this pattern is good for buying lows and selling highs, not much good for trend trades until price really breaks out of the Megaphone. Since someone is chatting on the economy, often times Megaphones presents itself so being able to trade chop well is a good deal. But I am not going to sell near highs as I believe price going to break out of 1680.50