volente_00 T day in full effect. Shorts made money. Longs made money. Everyone is happy ___________________________________________ Yes volente a great day! Thank you for this thread.
I think MRC will be weak again today. The GOOG effect and a weak Nikkei will weigh heavily in the overnite session. I short yesterday and added to the position today. If I see strength in the Nik225 I will proceed to cover 1/2 my position. Currently heavily biased to the short side. Since I did'nt post my positions real-time I will include my PnL. Note position is still open. I went short and added more in the 10920 area. +70 points on the position so far.
I think MRC will be weak again today. The GOOG effect and a weak Nikkei will weigh heavily in the overnite session. I short yesterday and added to the position today. If I see strength in the Nik225 I will proceed to cover 1/2 my position. Currently heavily biased to the short side. Since I did'nt post my positions real-time I will include my PnL. Note position is still open. I went short and added more in the 10920 area. +70 points on the position so far. Edit: Lets Look into testing the 10:30 reversal on T-day. Please continue with your gap journal. It'd be interesting to see if MRC failures and strength translate to either trend continuations or trend reversals.
There are reversals around 10:30, I can testify that without testing. Not just on T days... I only did the journal for proof, because quite a few posters here simply lie about facts. Now there they can have it. As for rally after midnight, the crew is actually right on that. There is a I think a 2 to 1 preference (I am too lazy to read the journal again) for going up. But it is not very lasting or signifficant, thus it is hard to impossible to play automatically....