Test this strategy now, bought at 662.80 and see if I can scalp for one point. Overall downtrend is still down though, must do fast scalp.
The ER2 Trading Journal
- Thread starter trade_4_living
- Start date
It works. 663.70 bingo. Test the other side, short over 663.7.
Went long at 664.
I think it is called Mitten ghost long or short in Woodie's term 
Mitten is Woodie's cat name. The formation is like the cat's paw.
Mitten is Woodie's cat name. The formation is like the cat's paw.I trade a lot, lol. so far today I made 67 trades. I could make much less trade based on the fib lines and support/resistence, but I couldn't resist to take 0.50 profits and reshort again.
What do you guys think about ER2? The volume is at all time high today and failed to break 666.3. Isn't this a market top?
From what I learnt, you'll see market top or bottom with the highest volume. I feel ER2 is going to go much lower for the rest of the week unless some good thing happens.
Good trading.
From what I learnt, you'll see market top or bottom with the highest volume. I feel ER2 is going to go much lower for the rest of the week unless some good thing happens.
Good trading.