Why do that when the momentum was up? Check the VIX before deciding the direction, I went long at the 50 DMAI'm went ahead and jumped in short here @ 2946.
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Why do that when the momentum was up? Check the VIX before deciding the direction, I went long at the 50 DMAI'm went ahead and jumped in short here @ 2946.
You are 100% right. Its just a pajama party tonight, retail and algy's. Dumb, purely an impulsive short term contrarian play. That's why I closed it. Pretty obvious its creeping up. I should have closed it at 2947 tbh. Its not like I didn't see it too. Dumb.Why do that when the momentum was up? Check the VIX before deciding the direction, I went long at the 50 DMA
25pts up, put a trailing stop on, no t/p target (might get to 3,011, the target on my other longs)I went long at the 50 DMA
Haha, I've been there many times... you know it's wrong but do it anyway.Dumb, purely an impulsive
stopped-out at 2,955, +30pts25pts up, put a trailing stop on, no t/p target
The reversal did not have traction, rumours have it that Trump himself will attend the trade talks and markets are taking this as a forthcoming mini-deal today, if it does not happen I expect all gains to evaporateif current reversal continues
Hmmm.
This:
"according to people familiar with the discussions."
And this:
"one of the people said."
I smell BS.
Up we go.
3000 by Friday