Ahead of the jobs report! Especially with this nice tick up, I'd position short. Short 2 ES at 1416.50
I wanted the markets to move a bit higher into the open so I could add some more short positions but we will have to see, the fed made a huge announcement ahead of this number which might mean the number could be really negative....unemployment rates could run as high as 5.2%.
Exactly. Looks like a bad start to me. I am so far good with 4 point profit! Look how crazy that 1 minute ES chart is. We'll see in 4 minutes.
Oh well. Had a stop at B/E, slippage caused me to buy at the market to close out -0.25 points. Not as bad as it could have been! :eek: