Market Calls

well, its blurry here it might breakdown this afternoon and if it doesn't break today I think we get a decent bounce on the dailies. I went a head and covered my position, I ended up out +66 NQ but it took 3weeks.

th reason I exited is ebcause if i'm right I think there is anohter 20 pts nq before it bounces (1380) and if Im wrong I'll give up 20 pts from here I think in a squeeze so its nto worth the risk.

Its showing a bear flag but the movement is so slow you need panic to break this, plus you got big Short interest. I just dont like the price action I give it 50/50 shot.

Ideally we a bounce and another setup to re-enter, otherwise I will re-enter at a lower price on a bounce.

However, if this is a bear flag, then I may not get the entry. However, there are other trades so I'm not sweating it.

Good luck longs, and shorts.

EMPEE
 
hi, im going to go long usd dollar/short euros by selling the jun eufo fx (6em5) today, target is 1.27000 about 230 ticks from here. Im looking for an entry to get short this contract. i may wait until sunday evening or monday tho.



Cya
 
You must log in or register to reply here.
Back
Top