darktone
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Closed my long from 2445 at 41.5 for -3.5
May regret that.
Still short Dow at 446 and 459 from Monday, so no point adding Dax shorts as the Dow position is nearly back in the black after a few points gained on Dax yesterday.
So doing nothing other than sitting with the current play.
Well clearly I dont.
Hands up who didnt see that drop coming.
Short dax 12787
Well I did, but then again I have been "seeing" a drop for 3 flippin weeks, so who's the daddy (NOT)!
I've been seeing it for 7 years
Still, that was a good dax trade on a short term level.
Dow should be a dead cat bounce, then roll back over, but if she does not behave, then I can dump the lot for a smaller controlled loss. There is no way I will be repeating the same error as the ES 2 weeks ago.
This entry over all was still WAY too early, but I am feeling that I am gradually getting back into the flow of things - just like sport, timing (dare I say it) can be out when you are away from the game for a while.
Great trade, right onto the lower range level, pinpoint exit - kudos!
closed +42
Have you been busy with other things?
Dow should be a dead cat bounce, then roll back over, but if she does not behave, then I can dump the lot for a smaller controlled loss. There is no way I will be repeating the same error as the ES 2 weeks ago.
This entry over all was still WAY too early, but I am feeling that I am gradually getting back into the flow of things - just like sport, timing (dare I say it) can be out when you are away from the game for a while.
Order in at 390 (1st unit)
305 for the 2nd unit - should she be obliging for once.
1st Unit closed @393 (+66)
Stop on 2nd unit to 450, tgt @ 300
Nice one, Wallstreet!
ps - The excellent trader I know is looking for scalp longs in this area (2429 ES), although he also thinks that if we close around here (or a little bit lower) then things could get ugly for a while going forward
We'll see