Next long is 65.25...Just got hit... Edit: I was tempted to take the 3 pts gain we quickly advanced to and it dropped back to entry from there...
I would have thought the entry was either 65.75 or 62.00, depending on where you calculated the R10 from. How did you get 65.25? OldTrader
LOL. I thought this was a good trade. Partial retracement of yesterdays decline, 10+ points off the low.....the only thing wrong is that it was on the wrong side of your moving averages. OldTrader
My bad, it was from 1275.75 so this one is the correct one... I will bring up the SL to 1266, just in case... Edit: Out at basicly breakeven...
I thought it would have been 75.75-10=65.75 under the "hard 10 rule" and you would be still alive with an adjusted stop or with multiple contracts you take your 3 just now( 68.75 mit) .
I guess we missed taking profits of 3 pts twice, but at least we didn't lose 3 pts. Next long would be 1262.... Also, Jagmot would have got his full 10 pts gain from the 73.25 short....
He is on West Coast waiting for an earthquake....probably meant 1:15 PST not 2:15 PST... Good luck , Jagmot.... I don't know who your broker is, but there should be a facility to assist you with your either/or trades that cancels the other side when hit...
So was today a chop or trend day ? Were the ma's right predicting the chop that they said early this morning ?