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Thanks Chris. Not my ideal style of trading anymore, but the last few days had to be a shark snapback and today we are seeing it’s correct direction.
However it definitely does scare me fighting the fed. They have said they will do whatever it takes.
Just need to be nimble and take the profits without greed. 30 points is good for me per trade in this volatility.
Plan your trade, trade your plan!
Let’s just round the Dow futures range and that is …
22000 (bear) … 22250 (pivot) … 22500 (bull)
Atm bears have the ball for rth kickoff but they
must not drop it.Never give up, never surrender.
These swings are nuts,so difficult to identify a good trade…then have the conviction to stick with it..like you said k…you could be healthily in the green..5 minutes later its vanished..i was looking to trade a move into a low today but following 160 handle move from the futures low yesterday its kinda hard to stay focused lol!
Your better off watching the Lion King with the kids.
Try Jungle Book … it’s got a lot of day traders in it !
Never give up, never surrender.
These swings are nuts,so difficult to identify a good trade…then have the conviction to stick with it..like you said k…you could be healthily in the green..5 minutes later its vanished..i was looking to trade a move into a low today but following 160 handle move from the futures low yesterday its kinda hard to stay focused lol!
I completely agree. Its not just a stupid move, but it is very frustrating to watch also, especially when you know it should not be doing so.
We cannot say the upward momentum has gone yet. This morning was just retracing part of the rally, so far.
Plan your trade, trade your plan!
If I was trying to sell the bad and buy the good
then I would want a move up to sell into and
then buy the dip.But that is pure Disney !
Never give up, never surrender.
Agreed,i think ultimately its got a date with 2700+..whether thats in the next couple of daus is the question
Let’s just round the Dow futures range and that is …
22000 (bear) … 22250 (pivot) … 22500 (bull)
Atm bears have the ball for rth kickoff but they
must not drop it.Dow bears still have the ball and need to make this S3L ‘normal’
and so the first hour or so is critical.At Dow 22000 my nerve will go and I either close or flip long.
Never give up, never surrender.
Yes sp500 2700 and above does seem likely … madness !
I think hatman was the first to note that target and
it is interesting that others agree using their
own analysis.I will go with hatman’s timing and send him the
bill if it’s wrong !Never give up, never surrender.
Let’s just round the Dow futures range and that is …
22000 (bear) … 22250 (pivot) … 22500 (bull)
Atm bears have the ball for rth kickoff but they
must not drop it.Dow bears still have the ball and need to make this S3L ‘normal’
and so the first hour or so is critical.At Dow 22000 my nerve will go and I either close or flip long.
Wow … best to be lucky … and now happy !
Never give up, never surrender.
Dow 22350 … that’s me done for today.
Where is that bottle of Beaujolais Villages.
To be honest I have a small cellar of them
put by for times like this.As Flashman said … “If you have a drink
in the house and money in the bank then
things aren’t so bad”Never give up, never surrender.
Oh well I got very busy at open and missed the low. I had 28 points out of my 30 point target and its well gone now. I would have closed it manually on the way back up for less, but hey ho.
Short DAX 9863. Hopefully down into its close
Plan your trade, trade your plan!
Dow 22350 … that’s me done for today. Where is that bottle of Beaujolais Villages. To be honest I have a small cellar of them put by for times like this. As Flashman said … “If you have a drink in the house and money in the bank then things aren’t so bad”
lol Chris, be careful, this self isolation lark will have you emptying your cellar 🙂
Plan your trade, trade your plan!
Yes ‘K’ it is hard to be away from loved ones, yet it
is because we love them, that we must be away.Never give up, never surrender.
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