I backed off a bit myself as I thought it might have another leg up. Still looking though. I was surprised the market took so long to rally after all the reports were so positive.
I was thinking maybe 90.50 might make a good short. Those reports were really strong today though. All of them. Especially the private sector hiring. And jobs is the most important factor in the economy's rebound. And of course the inventories. BBIB
Friends don't let friends think and trade! I had a buy stop for a while @ 89.07 when that price was quite far away, and took it off as price got close to it because I THOUGHT the range would hold. So where did I finally go long after all that? 89.70 for 20 ticks out of a 99-tick move from my order that I took off. I'm an idiot.
no, ouch was for the ass tearing stop out, I am now taking strategically entered longs, going for the jackpot baby!