it just traded down to 1.2250...my first tgt would have been 62 (+8 tics) and then the 49-53 area.....bigger picture tgt...1.2212-1.2220 on runners
I would be bailing on most, if not all, remaining cars after this weak attempt at a lower low....15:05 bar EST...exit in the 1.2255-1.2260 area. As a short term trader, holding a position for any length of time is not my strong point
as I mentioned, looking for scalps in the range bound area. Was quick to take profits when available. held a runner....maybe should be more patient as the move down with good vol was an indication of LOD test but I am very happy to have gotten out around the open price. The 6e is making new lows and could have been re shorted on a week attempt of a bounce....right back into my initial entry area.... but i was occupied with the ES and trying to make posts in as real time as I can. It will take some practice....sorry if there is a delay