Apex, I had missed the entire first move but entered yesterday morning on the strength, using the March Euro emini contract. Not enough experience yet to use the large contract but can still play the game. Currently short March contract from 1.4757. No real target - trying to play a little longer term and let the winners run. Difficult to not book the gains when you got em.
yes never hit my stop... came within a few ticks though.. I saw it was at resistance so I was looking at adding more short rather then saving profits.
You previously said that you were already short ES with a full position so there would be no adding. Are looking to add more or just reiterating that you are staying short?
One possible scenario here... <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1703036> Of course another is a DT at 1492, and yet another is another push to 1510 before the big fall.
Bulls are really impressive. 60-min TL just kissed here at 1483.00. If TL breaks, next stop, 92 and DT.