0821 CST Ah darn, I passed on a roughly 3000 USD day. Oh, well, too much risk on the first half. The second half seemed like the most ideal exit. This would have been one of my best days ever.
0823 CST 107 11 and 107 14 are very important numbers. If we can break that we will go up to 107 21. I'm thinking of calling it a day. I don't want to get carried away on what I almost made today. Very bad idea. In any event, if I decide to stay, I'll be looking to buy back between 107 01 and 107 08. It is a big range. Everything I have is firing on all cylinders. According to the hourly, we should have at least a couple of more hours of positive influence. I think a retracement buy has an almost 100% chance of success today. As always, follow your own indicators on entry and exit.
0829 CST Bought 2 ZB 107 07. I'm holding on to these for a while. I will tolerate a move back down. Of course anything could happen but I believe a re-test of the highs is a given. I'll be watching carefully. Notice my size by the way. There is a reason for that.
0838 Sold 2 ZB 107 09. 1 min chart looks weak. We could go all the way back to 107 01. When we kissed 107 11 and didn't go further, I asked myself how would I like to lose 500 USD? Easy answer. I'm going to ride my bike for 30 min. I'll have an order in to buy some ZB's at around 107 01 to 107 04.
I am flat, sold the rest of my "festering" long out to ring the reg, and will look to re-enter long on a little dipity doo. Looks like 107 1/2 is Res. good trading! el surdo
0842 CST I'm getting major divergences on a lot of indicators. I'm going to pass on jumping on a buy breakout at these levels, i.e. 107 12 to 107 14. 0848 might be a cycle high. Not sure. I'm going to wait for the 0928 time.
0928 Bought 4 ZB 107 09 for one last run at the highs. I might hold 1 or 2 over night as I believe this up move still has steam. 0931 Looking for 100 point down day on the Dow.