I’m long, too. ES/NQ. Hoping for the big one tomorrow. Stopped out for a small loss on the initial long entry off the Open. That drop may easily have been some hedging. Hoping I’m not waking up to a gap down through my stops on bad news from the Middle East…
1) My entries are absolute dog shit, and I've had a short bias for the past couple of weeks. I use micros to scale into a positions up/down to meaningful resistance/support (last month's low was 5432-- my stops are at 5450). 2) The VIX having its third biggest spike in 15 years has me scared shitless. I feel like something big has changed in the short/medium term.