Any idea why it just flat out rocketed up other than a short squeeze ? I noticed volume right around the time they declared an international emergency. But markets didnt seem to care. This is why I rarely trade the afternoon anymore unless its a buy the dip swing trade. These afternoon moves to are so random. Opening 3 hours of ES is pretty technical and easy. But these afternoon moves make me scratch my head. I might as well donate to my favorite charity instead of placing a 2:00 trade
Part of the big move right at the close was Amazon earnings which sent the stock after hours up as much as 15% and to a new record. The move at 2pm was attributed to WHO saying that travel restrictions weren’t needed and praised China’s response so those headlines got momentum going to the upside. People were looking for an excuse to buy it seems. The Wednesday move at 2pm was the FED though and it seems like they took a slightly more dovish tone. They seem like they will push more money into the system forever until broad inflation over 2% regardless of what asset prices do or how much they rally.
Wrong again! It’s insulting to traders how you losers trivialize risk. Actually I’m long a couple big positions. Up is good. The floor is yours and dickshaws today. Let us know when you blindly buy the dip and if you DCA.
already long the last dip. Sorry to insult you but not trying to trivialize risk. I am saying there isn’t any risk to trivialize haha
What price did you buy? How much did you leverage on margin? 150% account value? Screenshot please or else GTFO
200% long at 8970 on nasdaq!! Woo deez a chance to buy me make so much money right now! Why all the hate everyone is happy here making money.