If I had known folks around here were trading PA, I would have posted this. Came down the wire yesterday on margin increase. Sorry. https://www.cmegroup.com/content/dam/cmegroup/notices/clearing/2020/01/Chadv20-026.pdf
Thank God, you didn't short PA...or did you??!!! From the date this thread was created, PA rallied up a whopping 27.5%
Oh, so he's created this thread on December 21st to ask how he can short PA and decides to wait until January 22nd to enter short. Why, that's brilliant!
Quick update: I don't like how it wasn't able to take out 2290 on the daily timeframe. Moved my buystop to 2354. Counter trend trades have a very small margin of success vs buying on dips... Game planning a possible move to 2466 re-short attempt if we cannot get a close below 2290 on the daily next few days.
Moving great so far, staying disciplined and keeping focused on managing the trade. It's made a LL on 4 hour time frame which is great news.