Got caught badly on that one and rode it down way too far. Since I was already down, I decided to try riding it out. Fortunately, I just got out at 64 to break even. No need to get greedy. AM.
Anything happen while I was gone? I hedged the hell out of this thing on the way down. Shorting MNQ as well. Of course, eventually, some of those hedgies dragged P/L on the way up. Still about +200 here after as much as -1200 in heat, but mostly less than -1K during the downdraft. Working my way out now. Edit: nah, I have other trades on and after a flurry of trades; P/L was approx. It looks closer to breakeven...approx. Closed, except for an ES bull call spread 40/50 tomorrow's expiry.
beautiful bounce Been waiting for that lol Still ohlding a few from up above, but have made a tonne of points buyiung these dips along teh way Just wating for the worst longs to go green now And will be looking to add on dips Would like 4145 for next long i think
$ES, if we don't get a decent Globex pullback that lasts at least an hour or more by midnight, its going to be an AM pullback,