Has something fundamentally changed in your view? Or just a run-of-the-mill gap fill? Thank you and good luck/skill.
Perhaps we`ll get a gap fill later, but the market does look strong today, IMHO. 48,50 is 50%. Long @ 1350,50. Sell stop @ 1348. Sell limit @ 1355. OCO. Small enough risk that I can afford to re-enter for a gap fill or a new long if I`m present at the time being. My stop may be a little close to the 50% level though. Will leave the computer now. Good luck everyone.
Considering the uptrend, normally this 1348ish area would be good for a pullback buy. The previous 15 min candle makes me weary to go long though. If i was trading more contracts, this would be a 1/4 size long @1348.25 This area is good for an aggressive long, but I'll be trading the conservative play here. I'll be buying the days low at about 1345.50ish if we can get there without a pullback. Or I'll buy when I see demand increase and a nice lookin' candle No shorts for me unless this turns over hard.
so is everyone losing their ass and to angry to post, or are you all making so much money that you couldnt bare to waste your time here, lol
I'm waiting for this new pattern to play out: bullish pullback failure. Hoping this next 15 min candle provides a push down so I can make some $
forget it, another pattern about to fail. Looks like slow churn up now. All aboard for the afternoon push !
It's either a short term double top (from last Friday) or a break out higher, and all the market short term indicators are screaming buy (including the ADNYSE that just hit the new high) but I suppose some foolish idiots like me has to make the market on the other side or else we'd be at 1500 right now.