I bot back my last short position 5 seconds before the close at 1057.75 for a scratch. Do not want to be exposed to Ericsson's report tomorrow morning. I shorted the euphoria when DJIA was about to break +100 on the day. And while DJIA broke down about 90 points or about 0.85% after topping a few minutes after my entry and continued down right up to our close, we hardly budged at all....I guess traders want to be long for tomorrow. We'll see what happens... Market closed at 1057.50 (High 1059, Low 1049.75). Todays trading resulted in +16.5 points, but a bit more trades than I think I should have taken. Will try to wait for cleaner shots tomorrow.
Bot at 1054.25 at 09.21. That is what you get for being late...dropping off the boy at daycare took long today, and I rushed in at 09.02 only to see the market bounce at 1052.5. Luckily it took a small detour down again, because I think were going higher now.
This here market aint ticking alright...we might see some weakness after the high of yesterday has ben challenged...
I just bailed out at 1055 with 0.75 points still left in the trade, as I have no clue what will happen next. Time is 10.45 CET.
Ok, this trader just sold away the low point... Had to go back in at 1055.5 as market now seems to be finding its foot again. We'll see. Time 1051 CET.
This goes to show that it is not good starting out on the wrong foot in anything. Coming late for the session made me miss my buy point and chase the market. Chasing the market made me weak and an easy target when the market came back a little. An then I chased the market again. We'll see what happens, but this aint the best start of the day in the world.....
We have had a very small range which also keeps getting tighter. Problem is to know which way it will break. I know that either way I am positioned it will break the other way...
naa, this market is not doing any more to the upside in a while i think. Sold long for half a point profit and went short at 1056. Time 14.08