In hindsight this was stupid it was still within the gravitational pull of the daily pivot now it isn't I guess I could get short again but I can't make myself do it. I would look for support at 80.20 or before that there is the 50 day MA at 81.23. have a great day traders.
Morning everyone! How do you guys and lady like that 90-tick move in two minutes at 5:30 EST? :eek: Trichet speaking 15 minutes after CL open.
That's my kind of trade! I can't wait to see how our ATS-in-testing did with the overnight session :eek: CL is technically perfect this morning. I'd have caught this move right here if I hadn't committed the cardinal sin of leaving my desk.
I'm long banking on a reversal...i see the rate hike as a positive and this is more of a headfake. Everyone knew they were going to tighten, which is why we dropped 10%. Getting this out of the way removes some uncertainty...this should be a "buy the news" situation We will see...
Maybe you're right, but keep in mind that people were expecting a .25 raise, not .50 Let's go get'em!
which contract is most active now? i just switched to jan and it seems dead btw, looks like i was wrong :-/