I didn't see you post that you were looking for 80 points when you entered that trade. Perhaps I missed it. It does look like you are making up the rules as you go along. If I did miss it, apologies in advance
Long 2 contracts at 410... I am working on an overnight strategy: BUY on 90 pt move down right before the close.
volente, what are your thoughts here, were you shorting the upper end of the range since 10400 was so hard to crack ?
imo we could have a sucker spike at 10380 to shake out the shorts and sucker in longs who are looking at the gap fill and counting their $ already. Extremely Dangerous waters here to be positioning trading. Personally if ES is below 1201 tomorrow and shows sign of weakness I will start scaling into a short position.
You guys are making me nervous by asking me too many questions. I am already nervous to take a trade overnight. Even more nervous to take a LONG trade overnight. I liked the strength before the close, plus I think it is a bit oversold due to the earnings from DELL etc. And this is not the size that I usually trade. Its small, thus nothing much to lose even if I am wrong tomorrow morning.
Couldn't agree with you frankly. At lest this trade is a bit too early and carrys huge risk; it might give you huge reward but sounds gambling...... Just personal view, DON'T take me too seriously.