It's where most of the activity price happened, in this case yesterday, and hasn't been touch yet. This VPOC are magnets for price movements. In the downside we have 79.15 but that one is too far.
You really had to mention "beans" and "squeezes"? Wanting to short, but not seeing a very good reason other than "it's high, let's short"
Let me give you a good reason. You see, I am long, so if you short, then later as the price climbs away from you, you'll have to buy back, helping me in the process. Questions?
[/QUOTE] Edit: Long .34 at 10:27 [/B][/QUOTE] Out BE, that might be it for today, would not surprise me.... Edit: Oh, and Picaso, that was a pretty weak effort on your part... I have college expenses to pay.
Thank you for your reply, atleast I have some approx target ranges instead of 200. SIM Today total trades 8, +200 lost last 2 trades. Atleast I am happy I am able to avoid over trading.
Nice trade. You really nail the exits, do you trail a tight stop once it gets to your target area or do you exit via limit/target (or simply hit close when momentum fades)? Thank you.