Midnight rally

Discussion in 'Trading' started by Rickshaw Man, Mar 24, 2005.

  1. Actually, the prior FOMC days this year have been 'snoozers'. Nothing much happened.

    But I have a hunch this one might elicit some action as there's more uncertainty now.

    Scaling into a long here @ 20/25 for a pop.

    Still flat, but have a buy stop above market for my first entry.
     
    #1271     Jun 16, 2021
    KCalhoun likes this.
  2. Going long NQ @ 13911
     
    #1272     Jun 16, 2021
  3. So bloody easy making free money. Did you really think the stock indexes would go down...pfftttt.
     
    #1273     Jun 16, 2021
  4. Overnight

    Overnight

    Don't use stops, ever, and average down into your losers with conviction, and we will believe you.
     
    #1274     Jun 17, 2021
  5. Stupid easy making free money, buy the dip still going strong. When will it end...who knows. Maybe when regular gasoline hits $5.00 a gallon in Texas.

    I really don't like paying higher and higher prices for everything. But the FOMC is hell-bent on making EVERYONE pay up for EVERYTHING.
     
    #1275     Jun 22, 2021
  6. Free money for all who go long...new highs served up monthly.
     
    #1276     Jun 22, 2021
  7. Still long 4 from 13911...so easy. Try and wait for a dip.




    6.22.21 3.13pm CST.jpg
     
    #1277     Jun 22, 2021
  8. KCalhoun

    KCalhoun

    ALF GME SWBI DDD wow. I'm long SWBI overnight from buying yesterday morning
     
    #1278     Jun 22, 2021
  9. Same thing over and over and over. Gap up sideways, gap up sideways.

    Screenshot 2021-06-24 093837.jpg
     
    #1279     Jun 24, 2021
  10. Nothing has changed folks. The stock index futures do not rise every night. The rise overnight around 77% of the time. So the odds are on your side. Buy the cash close sell the cash open.

    About 2/3 of all stock index gains come from the overnight drift higher. The FOMC is active in the stock index futures markets.
     
    #1280     Jun 24, 2021