Think it makes more sense (unless you have proven setups with an edge to go short into a raging uptrend) to either start unloading longs or get flat.
Gotta admit my timing was pretty crappy. But let's see where we go for tomorrow. My feeling is that we're due for a pullback and it's bound to happen any day now.
Well, no major economic news is on the docket for tomorrow, other than 5 Fed honchos scheduled for speaking gigs. And they're all gonna say the same thing: no immediate rate cuts for now. CHICAGO TIME (UTC-6)
Nah, even if I get stopped out, it's only 20 points. It won't break no bank. BTW I also sleep like a baby.
Don't quite follow you considering if you check my post history I despise hindsight trading and that's always why I am not a huge fan of posting text trades. It allows for too much wiggle room for delay and etc. Not to mention the speed of delivery(typing it out) and someone else(refreshing the browser) and reading it provides very little value and at best poor context. Particularly if smaller time frames are active by the time you try and post your trade you may be stopped out, trailing your profit or profit target already hit. Additionally I've offered to trade live on voice real time with anyone, multiple times. I trade every single day from at least 9 am ish to 12:00pm ish, but 99% of the time I even trade till 4:00pm. I take trading extremely serious. Sitting here typing out trades makes no sense to me personally. For what so I can prove something? This is not some game to me where I am looking to prove something, get kudos or in need to receive other peoples emotional capital. I want to focus on trading properly and building out a business related to trading. If you seriously wanted to help someone or trade with them you're going to tell me with a straight face that posting on a text forum is efficient? At best you can use it for intra-day swinging, not every trade I take is a swing trade some are very tight setups that either resolve quickly due to a squeeze or I get stopped out.
My first input here, new to the thread, chanel.. I can discuss foresight, not being a seer but knowing the short time future with 90% accuracy, is attainable, an edge. You need patteren recognition skills above and beyond, the common trader. I was trained by my father in law by operating his orders, (MOUSE) through his demise, he was strong willed. Poppa, left his son, my late husband,(HORRIFIC DEATH), the keys to the ES Kingdom. He left video hours in excess of 1000. He left his 'black book of deceptions', he left us 460k, all from his trades. Poppa was broke 10 ten years prior and we fed him. I cannot agree with just about anybody as mine trading methodology is his, not common at all and maybe one of a kind.