Low end of the range held for now. Run it a bit lower to trap some eager shorts... May add a unit at 27 or 28. Not out of the woods quite yet, though. Still in a range here.
Added one at 28,50. Average is 25.75. I won't post the rest, but will probably stop out B/E and rather re-enter. Adding is best done when there's momentum in the market. I generally don't like posting trades because I like to stay flexible and will often B/E my entries and go in/out a lot.
Might have messed up there not taking profits. Ultimately, I think we'll see a push above the current HOD by the Close, but might stop me out first. If so, will look to re-enter. Will start trailing aggressively on (if) the next push higher.
Moving as expected on a range bound day. I got greedy. If we drop much below 20 now I will start thinking a new HOD is not on the table for day. However, as long as this zone holds, I would assume a new HOD on a new push higher.
Food for thought: Does price move "forward" or "backward"? When you look back in hindsight, why does it line up perfectly with previous prices?
Could you elaborate? One answer could be that it doesn't. And that you forget or don't see all the times or occurrences where it doesn't line up perfectly.
Stuck in this range for now and getting sold on each attempted thrust higher. I was thinking we'd break higher, but down looks equally probable right now.