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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: doug-e-mini who wrote (40211)1/25/2000 9:56:00 AM
From: SE  Read Replies (1) | Respond to of 44573
 
Nope....exited it for a decent day trade the same day I entered. I have played two longs for decent gains now this week.

In fact, yesterday, I shorted when they looked like they would fail at 90'02. THey did not fail, the overbought situation was resolving itself in a sideways trading pattern and the spoos started to tank. I made a good, not great, move of exiting the short at 90'00. It would have been a great move had I reversed.

If the market does not do what you expect it to do, it should do the opposite.

Especially with the spoos tanking so hard.



To: doug-e-mini who wrote (40211)1/25/2000 10:04:00 AM
From: SE  Respond to of 44573
 
I know this might be considered hind sight, and so be it. I have 90'19 and 90'21 as resistance. I have a fork with a pivot 3 point coming iin at 90'22.

This thing is a short.

Now at 90'12 and falling and I am flat.

Damn hind sight.

Perhaps a nice bounce to get skinny on.

EDIT - I got 90'00 as a target....short term...........