After much deliberation, (pause) I'd be more inclined to watch for a short, but it's in the middle of shooting to the stars, so I'd need some good confirmation. I don't have the data, charts or knowledge of this instrument. good evening all
http://www.elitetrader.com/vb/attachment.php?s=&postid=2928836 could that be a funny looking HnS projecting us to $50 :eek:
Here is my view. Buy when it gets close to the tl. When it trades below it short when it goes back above it.
if we trade down to 72, 60 is a given. At least until proven otherwise. Where will oil be if the DX some how goes back to 83? I missed getting filled on a short of the 10 year note by 3 ticks. Not making money seems to hurt worse than losing, why is that?
Because you are human. You called the correct direction of the market and it went your way. Just remember every future trade outcome is independent of every previous trade outcome.