Holding long here into afterhours. Price is 4418.00-- Experiment played out as follows: You certainly can use stops that are outraday when intraday trading and they are solid. However, it's best intraday to use the stops provided by intraday noise and use entries provided by intraday noise. On the other hand, when using outraday stops, you can just get in wherever you want, and with patience, still be profitable. The difference being whether or not you can accept holding into afterhours or longer since a lot of days will not have this big of a turnaround during the same day. --Currently up 45 pts on this trade--will continue with same stop.Experiment over.
Certainly was and 3 time frames agreed. There would have been absolutely no reason to be shorting after that.
disturbing we sat down on ~4420 for 3 hrs now. zero momentum, how can anyone hold fast either way? prudence says...gtfo?? reassess
Not looking good out there. Weekly bearish indications could be triggering chain reactions across the board.