Trading the SLA/AMT Intraday

[youngin]

That earlier move is the kind of excitement you want to see when you initiate a trade. If you don't, be extremely careful.

I got in at 53 being prepared to exit quickly if it didn't go. If it doesn't go, I don't want to be there. So far it's paying off... let's see if we can breach that ONH.

Do you use ES as a proxy for the NQ moving or something?

 

[dbphoenix]

Possibly making a swing low.

 

[dbphoenix]

This is where a retracement can become a reversal.

 

[dbphoenix]

I got in at 53 being prepared to exit quickly if it didn't go. If it doesn't go, I don't want to be there. So far it's paying off... let's see if we can breach that ONH.

Do you use ES as a proxy for the NQ moving or something?

No. But if the NQ isn't moving as expected, I try to find out why. The first suspect is the ES. After that come AAPL etc.

 

[dbphoenix]

Ret getting a little long in the tooth.

 

[dbphoenix]

Don't hope. Focus on price.

 

[Gamera]

When do you have to go back?

Two weeks left, these first few days have been a struggle coming off night shift though.

 

[dbphoenix]

Two weeks left, these first few days have been a struggle coming off night shift though.

I'll bet. Be careful about rushing back into trading.

 

[Schaefer]

Still bouncing around 48, and the pre-market hight. The range is big enough for scalpers to play the range. Being Friday, today, if we don't get anything before noon, the day is pretty much done.

Schaefer

 

[dbphoenix]

RET confirmed. Next hurdle is 64.

If nothing else, 48 is confirmed as something important.