@aquarian1 Trade means a profit target level that coincides with the current range. Each level that I take profits at (the three levels before the last one that I hold for the duration) is name associated by distance. Tick - Short Distance Trade - Decent Distance mostly top/bottom of current market range Trend - Longer distance market is trending Triumph - Longer movement extended/strong trend All of these levels are automatically set for me based on the market before I even put the trade on.
@esmonkey et al I have a positive response to the 7:30CT Jobless numbers and a strong open with a high close to opening (e.g. 8:45) and a low towards the end of the day (14:00 area) of 1271. Depending on o/n and the range I would the high (close to opening ?) in the 1284 area -- and possibly 1287. 3d ATR is 12.75 3d Ma of RTH range is 12.75 as well. current est is 13.50. times for the first end (FE) for the last 4 thursdays are: 08:46 08:56 09:13 08:37 ----- cavet emptor and all that... LOL
should get a bounce off that 69-75 nip,size of the bounce(1296 ledge is weak,1305 is normal lack of pressure and market jockey staus quo) should reveal fake out drop or serious slow pessure to unload ,warning something ugly is in the pipe,the l.o.l. , yuck yuck, buy the dip,don't fight the fed,easy money , bulls should pay close attention
Looks like all you took instead was a 50% profit reduction letting your arrogance take over after you waited for the market to drop 80 points before shorting close to a bottom. So what service are you going to be spamming for while you troll for customers? Make sure you become a paid sponsor first.