Selling SP today again at tactical spots (sorry), with the view of adding to it on the way down, with a large move down in the general market in perspective, based on the weak behaviour of GS.
Almost shorted the 1314 area, but pulled it when I didn't get the fill I wanted. Thank god. I would have started off the day negative. I'm still up in the air at what today will bring, although once again, the sentiment is bullish.
I missed the boat since I did not want to trade during the news release. I do think we`ll test yesterday`s highs since we`re so close, but I think I`ll wait a little more before making any trades. 15-minute ETH is clearly making lower highs in a down trend channel. The 30-minute shows a clear trading range for the week with 1317 looking like the POC. Any MP guys who can confirm? 60-minute looks range bound at the tops. Currently pulling back it seems. Might go short if we dip below 1317 now.
Noted. I suspected such, but wanted to play it safe especially since I got seated late Bulls and bears are currently in a brutal fight at the corner of 1317. Will join the winner
Filled. +1 points. I planned to start trailing my sell limit higher, but it happened too fast. I tried to get fill on a retrace all the way from 1318, but remembering that the market is "never too high", I entered long late at least for a scalp. Bulls look strong today, so we`ll probably test 1322 and even higher for the day. NOW: Dinner