Just be careful, usually the last 2 months of the year, INTC tends to pick up.
What makes you think INTC is going down?
Sorry everyone, in my 20 years experience in this game, adding more contracts to a losing position, does not work in the long run. Yes, your...
Market is week, short pullbacks.
Yes, market looks slightly long. But I don't like those long shadows on the hourly. It means it could go either way.
Market is up, I would long on pullbacks.
Market looks strong, I would long a sizeable pullback.
Market looks like it wants to go up. Too risky, sitting on my hands.
Excellent
Market needs to clear 1372, in order to prove to me that it is trending up, before I start buying pull backs. A failure here at 1370 would...
By back testing my trading rules. Covered at 1369.
Continuous. I aim for the big move of the day with the trend, usually 1 trade per day. It's a sort of profitable hobby for me.
Initial stop is 2.5 points. Stop moved once to break even. Time frame hourly chart.
I am still short from 1373, stop is at break even. I still expect another move down.
Market looks weak, I would short on pullbacks.
I would be not trade either side until the market has made its initial move out of this tight range.
With only one chart timeframe, it is almost impossible to be successful in this game.
So, how are we playing this market this afternoon? Market looks flat to slightly up to me right at this moment.
Instead of tradequicker, you need to trade slower and refer to a higher timeframe and then trade on the lower timeframe. Basic stuff.
Interesting thread. What did we learn today? I hope it was to trade with the current trend as soon as you have identified a trend day.
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