long from 11.5 with a hard stop at 7. However, I don't want it to trade under 10 except for a poke. It was hard for me to take this entry because I don't want to lose on both sides on the same day. But, the trade was there and I knew i'd be more pissed if I didn't take it and it worked.
t-notes today
- Thread starter PetaDollar
- Start date
got bigger on the poke, but ready to bail if it doesn't run up
hard stop at 8.5. That's plenty of chances.
Hope you all did better than me today!
Ah yes, 17 and 8.5, almost bailed at both the high and low of the day. That would truly be something. Unfortunately, I will have to settle for the low tick and 4 ticks from the high. I will try to do better next time.
peter:
You still short? It's 111'31 to 112 now....
You still short? It's 111'31 to 112 now....
I am long with an avg price of 275. My hard stop is at 240.
We are at the bottom of a multi week support zone so I have multi-day holding hopes for this one. Standing by for the market to piss in my cheerios. If it closes with a profit I will risk around 25% on an overnight hold.
We are at the bottom of a multi week support zone so I have multi-day holding hopes for this one. Standing by for the market to piss in my cheerios. If it closes with a profit I will risk around 25% on an overnight hold.
What do you all think...
To me it looks like the story of the day is support.
There were several (at least 4) high volume down bars/groups of bars on the 5 min charts. After these instances there wasn't any follow through and the price so far has come back up every time.
This means plenty of demand at the lower prices, absorbing the selling.
To me it looks like the story of the day is support.
There were several (at least 4) high volume down bars/groups of bars on the 5 min charts. After these instances there wasn't any follow through and the price so far has come back up every time.
This means plenty of demand at the lower prices, absorbing the selling.