One trade failed earlier for -100 EUR (didn't manage the stop move on that one), and one for -10 EUR a few minutes ago. Really liking the situation however, just a question of when I can get in without getting wrecked by remaining panic trend. Might wait until after midnight. Corn only thing that's up for me today.
Note that there's a delicious irony of trying long entries for 2 days straight and getting wrecked due to continued trend. Should probably set up an opposing short trade on a different index (SPX or Russell) during clearly volatile conditions like these. Don't got hedging functionality on CFD provider. Won't do now though as I bet we're nearing end of current panic run with a meltdown to follow.
Well F*, 1% in 20 minutes. There goes my entry plan. Trying options looks increasingly attractive as I wouldn't need to follow this demented price path with a stop...
Buy China A50 x 2 @ 12787 stop 12718 "in case" tomorrow is very positive. Comparatively minor position at 1x leverage of account. Obviously I can enter NQ much easier than China with higher leverage later tomorrow if it turns out useful.
Woke up, nice down momentum resumed now. Looks there will be another red day. Holding off as I'm not convinced enough that changing bias is a good idea here.
Overall last three days have been a shitshow and illustrate that I have much to learn (if I can ever). NAV 21031ish