Why not short off yesterday's high? Edit: Sorry, I meant this morning's high, 5pts higher than yesterday's high.
what is a 10 point difference in the hi, ? im taking it short for a long time, December for a 1000 point drop as expected, and I will be accepting your apology or congrats. this after rates go up, as expected. interpretation: $200 vs $20,000 risk reward. $1100 risk total for a stop at 6484 one contract, its a good trade. lets see how it turns out. happy thanksgiving! trade like the banks and sales traders do. one lot, big stops.
nq 6333 should I take my profits or stay in from 6381 til december 22? Im staying in to the contract expirey lets see what happens.
im still in NQ short position at 6381 until december or til I get stopped out at 6484, price now is 6289, thats $4000 from my stop out price. i will keep it til nq 5500 or 6200. interest rates are going up, I heard from real estate loan officer, inflation is up too, you can see prices went up at fast food restaurants. I expect nq at 6000 by december 23. that will be $8000 profit for 1 contract in 1 month. Trade like a Sales trader!