Gotta love ZERO RISK in the SP500 = $$$

The m.o. appears to be an early squeeze at the beginning of the day to create enough liquidity to sell into...it also creates this "rolling chop" downwards that lures in longs throughout the day...if you were to flip the charts upside down, you'd never see this sort of action during the bull phase...those episodes are unrelenting to shorts (i.e. you can never get out in one piece).
 
der_kommissar said:
The m.o. appears to be an early squeeze at the beginning of the day to create enough liquidity to sell into...it also creates this "rolling chop" downwards that lures in longs throughout the day...if you were to flip the charts upside down, you'd never see this sort of action during the bull phase...those episodes are unrelenting to shorts (i.e. you can never get out in one piece).
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Yeah its similar to yesterday's chart actually, slow grind downwards after peaking early in the day.
 
I though I won the lottery for a moment

Screenshot_2015_09_29_20_27_18_2.jpg
 
short jap yen futures @ 8337..stop at 8400

purely technical position, dollar/yen is in a tight range, thought i would try and scalp it for 60 ticks.
 
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