Thanks, I think I'm going to copy you, because while in ranges I tend to get better exit prices with target orders, I see I'm cutting my profits short on swing trades that benefit for overnight surprises.
When the week is down going into NFP it tends to rally on NFP day. Not always of course. But often. The NFP release have been pretty volatile over the last few sessions, so not going to hold anything into that. If we get a big drop - I'm probably going to buy it.
Should have held the long. LOL. Got back in at 75, though. A stop run above 5800 pre-market seems perfect. More jobs created than expected = less rate cuts? On the other hand it shows a stronger economy. I have a hunch it will be interpreted as bullish, but remains to be seen what the big players thinks.
Well, as we all know, this market just loves any excuse it can to rally. A strong economy means the Kamala rally will likely continue. I hope he does.
Made +10 on the upside Trying short 797 TP 785 SL 804 ... Probably sold the bottom ... Moving stop to 802 ... Moving stop to BE +1 tick ... Moving stop to 96
There can be a dip on the Open - but the last few times a NFP day opened with a gap like today the day closed green 100 % of the time. Just watch for the dip to end like @flash crash said the other day. Shorting this market is for top expert players, so I'm not doing that today as I'm a n00b.
Cautionary note: not trading advice. I'm a n00b and I'm often wrong. This can tank, too. Doesn't seem like the most likely scenario, though.