lurkerlurker
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I'm bollocked off. As I knew I would be, but that was a damn nice entry, and yes it retraced for awhile, but it would be 40 pips in the money. Nevermind - it has just turned 4 and I didn't intend to trade before 3:30. So I've not missed much. Not buying at support here, and I fear I won't be able to sell anywhere near resistence at these levels.
The main thing is, as jacinto says, I stuck to sound risk management. You need to consider that a telephone cover could take several minutes - it is not appropriate to hold a position in those condidions without at least a breakeven stop.
I'm just glad I'm not an EOD / position trader who was forced to cover.
Looking for another opportunity here. NYSE Tick is holding just above positive, by well off highs.
The main thing is, as jacinto says, I stuck to sound risk management. You need to consider that a telephone cover could take several minutes - it is not appropriate to hold a position in those condidions without at least a breakeven stop.
I'm just glad I'm not an EOD / position trader who was forced to cover.
Looking for another opportunity here. NYSE Tick is holding just above positive, by well off highs.
lurkerlurker
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Working from Dow/Compx and $NDX/$SPX ratios we have a trend day in progress here. It is going one way or the other for quite the move, and I see a sharp reversal making up losses or losing gains before the close.
No entry for me in the near future - I'm worried that I missed a good short and the prices are now too low to sell. Will be back in half an hour or so.
I also want to hold on to my +9, so I won't trade unless I think I have a good entry with high risk:reward - 1:3 or better...
No entry for me in the near future - I'm worried that I missed a good short and the prices are now too low to sell. Will be back in half an hour or so.
I also want to hold on to my +9, so I won't trade unless I think I have a good entry with high risk:reward - 1:3 or better...
Atilla
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I think this is heading down to 13200 as you suggested Steve.
Been scalping my way down from 13318.
Short again from 13279.
Atilla
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Closed position @ 13257.
5pm time zone will tell us what the big boys have planned.....a bounce today is still possible...I'm just gonna hang on for the ride.....
lurkerlurker
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Short from 13289 futures. Target 60. Stoploss 305.
good stuff Dinos...u certainly picked that turn to the pip....
Dinos
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Thats me done for the early session, +106 in two hours, off to get some good old fish and chips before I go off to cricket, providing the match doesn't go on to long, I will call back again later.
Hope you have all had a great day and have a nice weekend
Hope you have all had a great day and have a nice weekend
lurkerlurker
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Covered at 302. -13. Net -4 for today.
lurkerlurker
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Just added a third screen (laptop). I have a dual screen config, with charts on both screens, and the order entry tickets / open positions on the laptop. Using x2x to control everything from one keyboard and mouse. Pretty nice setup.
I think I got a pretty good cover on that losing trade. Yes, the price could still plummet to 60, but it is not a sure thing and I prefer to be flat when unsure.
Looking for shorts on a test of 320, longs on a test of 260.
I think I got a pretty good cover on that losing trade. Yes, the price could still plummet to 60, but it is not a sure thing and I prefer to be flat when unsure.
Looking for shorts on a test of 320, longs on a test of 260.
lurkerlurker
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I wanted that entry. I still do. I was away from the screen at that time though.
Atilla
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Short @ 13284. SL @ 13314
