fortunately last week's up curbed day when i got killed trying to short it prepared me well for today, and it paid off...
i was long near the open, then saw everything start to crumble and got short around 10:30...covered at 11, and wanted to puke when i saw the chop set in. came back around 1:30 and tried to buy the bottom end of the range right before it broke lower. luckily i had a good hint that the break might be coming (the stellar gann wheel) and got out with an amazingly small loss...chalk it up to quick reactions from a good night's sleep...however, with the backdrop of a huge up day i was unable to short, also because i couldn't find a safe place for a stop at the time...that part of the day around 1:30-1:45 really coulda gone either way...but overall i am extremely happy with the way i traded today.
i was long near the open, then saw everything start to crumble and got short around 10:30...covered at 11, and wanted to puke when i saw the chop set in. came back around 1:30 and tried to buy the bottom end of the range right before it broke lower. luckily i had a good hint that the break might be coming (the stellar gann wheel) and got out with an amazingly small loss...chalk it up to quick reactions from a good night's sleep...however, with the backdrop of a huge up day i was unable to short, also because i couldn't find a safe place for a stop at the time...that part of the day around 1:30-1:45 really coulda gone either way...but overall i am extremely happy with the way i traded today.
