What if we Gap open? What are Woodie Pivots? All of the pivots are wrong now. My pivots are different than yours. I think The CME made a mistake on yesterday's prints. Does anybody have the telephone number of The SP pit?
yes it's just another tool . many roads lead to rome, find yours and enjoy the journey. dbphoenix, thx for your suggestions. i like reversal trades. i also like to have my head handed to me on a gold plate on strong trend days . any suggestion on how to trade the afternoon? i mostly got chopped to fine meat. jmis
I like to conduct my afternoon trading over a few pints. I hate to generalize, but if you have not made a profit by lunch time, then tommorrow is another day, like The AMEX commercial goes......"opportunity served daily".
I usually have a good profit by lunch time. My problem, as I'm sure with many, is that I'm not desciplined enough to unplug my monitor during lunch time and early afternoon.
good morning for me, but believe me it's rare. just want to show how i drew all those lines in before the day. hope i know how to attach a chart
Once you reach the target, the probabilities for a sustained bounce are small. If you like, you can play the first bounce, then exit. Or, once the target is reached, you can set a stop just above it and take off. Or just TTMR.