No, never got it in. If it doesn't fill on the way up, I sure don't want to take it on the way down (not interested in a 4 or 5pt stop), and given the width of the R zone here, there's not enough air to get more than a couple of points until it's worked off. I'll check back at 1400. Otherwise, I'm done.
Looks like a good play romik, but the reason I don't trade intra-day divergence is that it tends to be a 50-50 play at best. Jimmy
Thanks for "look'in out" chaswagg, I didn't even see that final question. For candeo, don't even think about trading e-mini's live until you have a proven system, which you know the ins-and-outs of, paper trade for at least the next three months, if not six, just my $0.02, but it would have been great if someone had told me that. Best, Jimmy
I have taken yesterday's action into account here, looking at daily charts you would see yesterdays candle engulfing previous 2 days, divergence is simply acting as a sell signal here. Though, you are neither wrong or right with 50/50 predicament.
I see, This is why I like to master one or two things and trade them. But I still like to see what others are seeing as well. All part of learning. I know romik and those guys on the ES thread are good at what they do. I just don't know their set ups. Sorry for being dumb...
Thanks for the additional advice yesterday 4RE, Made a profit on your first buy. In at 1265.75, sold half for a point, sold rest for half a point. Looking back I should held the second half for the extra point but I am new to this and would rather err on the side of caution. Thanks again! Its nice to get a profit after messing it up the first three times. I will be keeping an eye out for the short target if the FOMC minutes are taken poorly. I also see a possible breakout to the upside between 1273-1275, maybe even up to 1276. Might take it, what do you think? pkts