Lost? Now is the moment. Will it push higher or run out of gas? If you are already in, you are a predictor.
905.00 level was filled earlier......next targets set at 900.50 and then next at 894.50 level. Also, sold a new level of positions at 913.50 with targets at 908.50 and then 903.50 for these entries only.
NO....old Army saying! BTW, my last portion of DAX stopped out at 4970.00 for +5.0....no new DAX positions entered. I will trade only ES for the indexes today during the US cash session.
With my profit target fills this morning at 908.00 and 905.00 I was left only holding 2/3'rds of my 913.75 and all of my 896.75 entries (plus my remaining 926.75 entries from the other day). Since then I have added a 1/3'rd position back to the 913 area at 913.50 with targets in place to see what we get.
First 1/2 of 913.50 adds filled at 908.50....next target for last 1/2 of 913.50 entries at the 903.50 level. All other profit targets remain for 913.75 held positions....next targets already set at 900.50 and then 894.50 with a new target now set for 883.50 level.
Hello AMT, I thought from previous posts in an earlier thread that you have a hard 5 pt stop on all entries, if so how is it that you are still holding all of your 896.75 entries? Thanks,
I noticed this morning we traded above 909 with the delta not making a new high. Would you continue to take shots at shorts until the delta broke above yesterdays high? Cycling small profits until you hit that runner. great thread here and hope all is well.
It does not matter. I use 1 pt range bars. If you look at the action around 8:20 you will see a pull back under 910. 910 is a support for me. I took the first up bar. If the sell off was for real I will loose and I can reverse. If the sell off was not real I will make good profit with small risk. PA only. I know you are looking for the short side guys but I do not see a clear short yet. P.S the same for the bar from 913 to 912 going short. The range now is 908 - 913. But IMO higher chance for UP.