Warning. Consider getting out of long-term open equity future positions now if you are in profit. Something feels bad coming in the next couple of days. Things are awash in uncertainty. It just all feels wrong. Something is awry. If you're day-trading, don't worry about it. Can't put my finger on it for the longer-term though. At the very least, hedge against a drop if you are long and in profit. Hmmmm
I kept selling on highs of one minute bars to 60.75 and have taken one point profits as market gone down. And gotten out of the 58.25 with a tick. It works for me.
Kinda off topic but when did CL change to 20 levels of market depth? edit: must be this, weird http://www.cmegroup.com/confluence/display/EPICSANDBOX/Market+by+Order
Buy1Sell2 said: One of the things a trader needs to avoid is frustration. You just need to eliminate it. For example when you are trying to ride a nice trend into the close and a new high is made and then price pulls back quickly by a pt and a half, you just need to relax. If the trend is good, it will recover. If not, then you have your stop. Quick pullbacks like the one that just occurred are rarely trend reversals. ---Price currently 2246.25 More... Edit price was 2346.25 -- mistyped -- #885 Saturday at 1:26 PM Report Long from 2346 not 2272.50?