pat494
the long was because 11078 +/- a couple of points was the 76.4% retrace of the 15th july low to the Aug 11th high. The market is oversold. we have just had a hourly close above this area with a hammer.
Long again 11085 stop below the low.
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Long again 11085 stop below the low.
In short
lol, no indicators, no curve fitting. live traded since 2006.....this trade not looking too good atm
time for a short
sell @11164 sl above the high
fwiw, good chance of a reaction here.
once of my systems went long at the 2130 globex open. 90% winner, equity curve below. target at 1241 es or exit at close tomorrow or disaster stop of 1202 (of the 90% winners, 70% of them came in before 1330 tomorrow.
dyor etc
wtf happened to the dow and that giant gap up!!!
took out my stop at 11500 for a 190 point gain but damn there was so much more in the bag on friday, i was really expecting the next move to be down.
Its in no mans land now could go either way.
Anyone know whats caused the big gap up?