I'm always interested in reading any good trading advice to see if it clicks. Please feel free to post it. Hadn't posted on ET in a while until a few months ago. And although I know you ND from this thread mostly, I just discovered (due to LF's post here) your journal, which looks great. I'll read it as I have time. I'm sure the advice about b/e trades and trailing stops is in there along with a lot of other gems. http://www.elitetrader.com/vb/showthread.php?s=&threadid=132626 BTW bigdog just posted yesterday after not posting in a while. http://www.elitetrader.com/vb/showthread.php?s=&postid=3079915#post3079915 It's early here = 4:36 AM. Been awake since 2 AM and up since 4 AM thanks to a noisy neighbor. Great trading to everyone here today.
Jobless Claims coming up in a minute and ISM and Factory Orders at 10 EST http://www.briefing.com/Investor/Public/Calendars/EconomicCalendar.htm Continuing Claims 3925k, which is about what they were expecting. It fluctuates from week to week obviously. Didn't seem to have much effect yet.
L 90.65 And out b/e So much for good ISM numbers. Should have flipped it. Too busy posting which is how I make most of my money. Trying 90.20 And out 90.30 for a scalp. May buy it back in a sec. Got 3 points x2 off of TF on that rally. Nat gas in a sec.
Nat gas is lower http://www.marketwatch.com/story/natural-gas-turns-lower-after-inventories-report-2011-02-03
Where is everyone today? Feel like the guy in the Twilight Zone who enters the town and no one's there. Thought I saw the Kid awhile ago. Strong pullback here obviously. No follow through on that rebound. See if the bottom holds here.