Lol what was the news? Evidently some people got it beforehand as there was a massive divergence on the RSI at the double bottom....
That was so manipulated and obvious that we would rally from near the lows. I actually had limit buy at 21 expecting it to get to near the overnight lows. Missed me by one point and that why i was in late to the party at 1326. It was clear news would be decent.
Out 34.50 for +8.5 ES I always take targets quickly on Monday mornings so i can set myself up with some banked $$$ for the rest of the week. It is just something i can't stop myself from doing - i feel very vulnerable to the market on Monday mornings and i like to treat every week as a fresh start therefore discounting any profits made the previous week.
Not a bad start at all - will be very cautious the rest of today. I don't like to ever end Mondays being negative. I think a lot of opportunities in a volatile market and it makes for some nice dollars to be made either way. However, i must note there was nothing smart about my entry, it is simply a decent market for a day trader. A lot of this is just luck IMO.
I am attempting another long her at 29.50. This is an attempt to ride any trend that can break HOD. If this fails i hope it consolidates here for the rest of today within this 35 - 20 range - that may mean a nice chance of bouncing hard tomorrow.
Long again at 28.50 Very high risk again - but i have a few points to take a little extra risk this morning. If this fails then most likely i will be on sidelines till the evening session. Not very cautious i thought i was going to be