cool, i added nq shorts at 1577 stop 1581, looking for a move down to catch up with YM (NQ + YM out of sync, i guess you could say a directional pairs trade?)
cool, i added nq shorts at 1577 stop 1581, looking for a move down to catch up with YM (NQ + YM out of sync, i guess you could say a directional pairs trade?)
I read that to mean that money flow (institutions) are selling industrials buying tech, if we dont break down I'll be buying calls on tech names...
i heart institutional orderflow
quicktrader, u can make it back just short rallies in downtrend, question is if we get our attempts do we close on a hammer or flush thru for a run for 10k(talking daily here)..
problem is, we're basically in consolidations on bigger timeframe so there is no follow thru, i for one can't predict when one side gives so all we get is no follow thru days on breakout/breakdown attempts, that being the case I might cover on a thrust lets see how it plays out