Looking like a nice move is in the works, 30mn bands in narrow channel. Leaning north, but we still need to get above the 200 to do that.
That is what I love about you, you NEVER acknowledge when you are wrong. You posted "long" 8 times on a day when the market fell 60 points. I let you decide just how correct you were. And of course the market never falls/rallies in a straight line so as long as you keep sticking to your conviction eventually you are going to be right, like a broken clock. The fact remains, the real money to be made was on the SHORT side on Friday, end of story...
Actually, I am one of the few people on the board that does admit when wrong. I may have called the market long 8 times but only traded twice. Your posting suggested that it is not important to be right, it's important to make money.---- I did.
The good news for us today is that no gap was created this morning from Friday's action as the cash price has opened inside Friday's activity (noise).
This thread is fun to read in order to kill boring time, not to follow due to the fact that many retail futures trading accounts like us would have blown out by using his entry, exit and stop loss strategies, except paper trading accounts. Anyway, thanks for his efforts trying to prove his timing skills though.
Agree...plus there is 2710 cash gap still to be filled with 50 day SMA at 2705. Looming to get long again if there is a pullback.
Some signs flashing we could give up today's gains in a quick fashion. Would like to see one more push higher and a decisive reversal from there to consider taking a position.