doubt that you will be that generous vol but i would love to have someone explain or share that,please do
I enter drilling the bid or ask , i never wait in line with the masses, FIFO, volume, day bias, is there a gap above or under for the day, are we near a key reversal time such as 3 am est, 10 am, 10:30 am, 12 pm, 3 pm.
Overnight we went above 1301, can we count this as another win? If so we should be looking for a long at 1291.5 now, because the overnight high was 1301.5 Also, does Volente ever sleep?
..or if we want to go by Jagmot's rule since the 24 hours break time was pretty much up by this morning, the 1300.5 could have been a short entry. Currently up 5 pts...
We need Jagmot to qualify his 24 hour break....is it from the time of his last trade or stop?. Why not rule off the book and start afresh from the new high/lows as from 4.30pm est. I am "choosing" the latter for the benefit of this exercise, so my potential trade ,at present, will be BUY 1291.50 s/l 1288.50. Jagmot, do you have a record of consecutive losses ...this will assist me with what I will attempt to do....I am talking about the "hard +/- 10's " only...thanks.
1292.25 should be a long entry... This trade went 9.5 pts in the money, before turning back... So according to my count we could have had 2 trades overnight with both 10-10 gains...Since there was overlapping, at least one...
Ok...so here we go BUY 92.50 s/l 89.50. I realize that the 1302.50 was on "noise", but I am simply taking the "hard 10"...incidently, I got a nice fill on some noise earlier this morning...so it does go both ways
In all honesty, I would now be evens on this trade as it spiked to 95.50 ...would adjust my s/l to 92.50 as i could not not, in all good consciousness, watch my "profit' turn into a loss at 89.50. I got knocked out at 92.50.....if turns around ...great..there will be another trade....might get a little pissed off though