ES Journal - 2017/2018
- Thread starter Buy1Sell2
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No---leaving full position on would have been more profitable than scaling.Once again scaling out would have been more profitable
Bingo!.. They cleansed out those weak Bullys Big Time... Closing above 2720 was mandatory for continued move North... Yesterdays failure to do so Told us they were not finished hunting Stops down South....
I Scaled the Nickels the entire way down.. Geez Louise! 8x bigger than I ever intended to be on this ride & leveraged to the hilt!
+1 Correctamundo... which is precisely why it correlates to the over all Markets & Economy!
That's a CNBC talking point. Gimme a break.
It's the canary in the coalmine. After the massive pump n' dump in 2007 it fell off the face of the earth as well. (I'm sure the talking heads loved talking about how cheap gas was at the pump while crude fell from around $150 to $35 or thereabouts).
Valid Point.... a buddy of mine traded the crack spread on crude/ gas at the time down at the NYMEX.. gas / waste product of crude post refinement never managed to reflect the crude price at the pump.
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