hilarious - I got in 12/32 at 6:45 and just sold 11 18/32 (7:22). I think I'm done on that trade. you were right about 18 resistance. with my luck it'll break out again and we'll finish the day up at 11 30/32 !!
Buy area for trades of the day circled. Wish I would have followed through and bought at 111 12, or stayed with my original 111 09 entry. In any event, small loss for today so far.
Yeah, I'm kicking myself. Bottom line, you have to take the signal. It was legitimate. Unfortunately in the back of my mind, I'm telling myself that this daily up move can't last. I've got to get rid of that thought as it is cramping my daytrading style.
what down spike? you mean the clean retracement down after creating a divergent top? it initiated a nice long as the VWAP was tested at 11:06. Currently it looks like more divergence on the longer charts, so I'd be careful going long here. best, cosmic
Out at 112 10. Looking to short again. I wanted the 500 USD to start the day right. Besides, 4 ticks is my sweet spot. Note that I'm posting slightly later than real time. I can't do both at 100%.
Look to short between 112 13 and 112 10 with a stop at 112 14. Obviously try to get somewhere in the middle.