Yeah still not alot of volume out there today, probably alot of people still missing after 4th of July yesterday, i missed the open this morning, too hungover, and too badly sunburnt to wake up at 5:30 in the morning.
NQ had support on Monday ( 5580 lows from May) Although it looks Head&Shouldery to me (Is that a word? lol)
I never have that problem! I'm in Europe. The U.S. opens at 3.30 pm here Not to rub it in or anything LOL
Id be in heaven if i could wake up at 330 p.m. im not much of a morning person, market opens at 7:30 a.m. here so i got to be up a couple hours before that.
Yeah nice call on TSLA like i said i woke up a couple hours too late this morning, so missed all the morning action, and id never chase TSLA anymore after how many times its burned me. I did nothing today mostly cause im still hungover and had to catch up on charts, but also because it just felt like a low volume nothing day, still lots of people missing from 4th of July, im waiting to see if there is any indication tomorrow of which way it wants to go. I got one entire screen dedicated to what we call the TAB-FANG index. FANG stocks, as well as NVDA, AMD, AAPL, TSLA, and BABA, watching all those right now then, got my list of 12 stocks i pick for the day, just trying to see which way this thing wants to go. Either way action should pick up in a couple weeks with earnings then its going to be dead for asnother couple months.
You're rockin' the mountain timezone too? I am ready for a vacation that starts in 8 days, so enjoying the luxury of 30-ish day positions and so when the market opened, I didn't think twice about hitting my snooze button for 45 mins today before falling out of bed at 8:06...and feeling any stress I might have saved with the extra sleep as I rushed for the door in 8 mins.
Im in Saskatchewan, sometimes we are in mountain timezone, sometimes not. A long time ago some stupid rule got set where we would not change our clocks because they were worried that the cows would not be able to be milked properly if we changed the timezone. As far as i know we are the only ones who dont change our time zone. Sooooo in the summer time i lose an hour (market opens at 7:30) in the winter time gain an hour (Market opens at 8:30) we never change our clocks. My problem isnt as much about being up at 5:30 A.M. as it is about falling asleep before the sun is down, i really struggle in june july and august, i need 6-8 hours of sleep, but many times i just cant possibly fall asleep when the sun is still up in the summer, so the sun drops at like 10:00-11, then i fall asleep at 12, then got to be up at 5:30, then hit the snooze a couple times like you said, then feel guilty about it, lol. I totally understand your dilemma dude, any time i hit the snooze bar after a tough weekend i hate myself, so i eventually get up and rush myself, but trading is all about the process, you dont wake up 2 hours before market open and you arent prepared for the moves right off the open unless something good is out there. Anyways, thx for all the posts in here Beerntrading, please keep adding your trading ideas this is supposed to be a journal for all of us, sorry i havent been keeping up on my end, but im in vacation mode right now, im probably leaving for a bachelor party early on Friday as well but after that im good for the whole summer, i really like getting my free time in while i have a chance in the summer, cause its hard to disconnect from the market alot of the time. Where are you going on vacation?