-5
would flip short but lost enough money today so staying out. Just randomly going up and down.
Hope you're doing better, Schiz!!
The Tao of Minimalistic Trading: $300 Daily Profit
- Thread starter schizo
- Start date
would flip short but lost enough money today so staying out. Just randomly going up and down.
Hope you're doing better, Schiz!!
Friday PA was flatter than a pancake at ihop. gap down today lame.
good time to take out 1920 or even 1940? we'll see..
only 6 points away here from retesting today high
good time to take out 1920 or even 1940? we'll see..
only 6 points away here from retesting today high
Good thing you didn't flip short! I'm hardly one who should be giving advice, but on days like this, neither side really seems to be winning, so once it makes a move one way, its just about ready to go the other way.
For the first hour, the ES was stuck in a 9 point range. Your stop was just outside of this, which in my opinion is a good place for a stop, but your entry at 91 was essentially in the middle of that trading range. Since we were in a well defined range, buying at the bottom or selling at the top is the way to go. Now of course it might have broken above the top of the range and a massive trend may have started, but unless you have a very good reason to assume this, playing that range is I think what is called for.
Just my worthless 2 cents.
try to look a couple moves ahead...
you get killed playing WYSIWYG chess
you get killed playing WYSIWYG chess
try to look a couple moves ahead...
you get killed playing WYSIWYG chess
yes, you are very transparent with your advice
lets retest some lows, no conviction long here??
so, lets drop price, see where buyers come in
iow, lets get's cop a feel
so, lets drop price, see where buyers come in
iow, lets get's cop a feel
Out 94