Very nice trade Peter. I agree about the ppp( if it comes back down there weve seen our high). Ive been able to catch some nice profits buying it on the way up. Btw, im a scalper at a prop firm, nice to see some movement today. Hopefully you can hold that one till the close.
The short term trend is pretty strongly up so I will pass on any short setups today around YH. I would rather stand aside and watch the market tank than lose money on a short today. If a support zone develops intraday I will consider going long there. I am also watching around YL for long entries. What are you guys up to?
For my trading both long and short scenarios are open for tommorow. Just got long with an add in place at 35. Stop and reverse set for 111 310/320.
looks like not much going on today. i added to my long on that poke and i'll try and sell the whole thing near the top of the range. My short plan is still in place.