Good morning to @Laissez Faire, who loves the smell of napalm in the morning Congrats, nice trade, now you're even making money in your sleep. I am sure that you will eventually trade for a (very good) living.
Keep an eye out on 1) the possible government shutdown (it's likely they will work out something last minute, as usual, but if not watch out below) 2) the removal of the debt limit ("fiscal responsibility", cough, cough). This one is trickier because it would make interest rates and dollar jump up, but it could also greenlight more tax cuts (bullish for stocks?)
Haha. Morning. Trade is still open. I got greedy on the target, remember. We'll see how I'll get out of this one, but I'm ready to start trailing. If 5900 breaks I figure I have a good chance at getting filled a bit lower, but I'll start trailing this soon... As for trading for a very good living - I gave up on that idea a long time ago, but who knows...
US index futures were down during today's Asian session because of the US govt shutdown news. It continues its journey during the European session. Lately, the US index futures are tradable during the Asian/Eur sessions because of the US stocks earning release etc
Funny. Whenever I open ET on my cell phone it redirects me to this page in the thread. 285 point drop on ES from high to low as of now. I’ll admit the extent of this sell surprised me, too, although I did warn that upside was likely limited based on historical figures. Should be interesting to see how the year closes and if we can make a flat December at least.
Getting ready for the exit. I'm wondering if I can't get another 10-20 points on this, but don't think I'll push it.