Hi People,
Still short from 4960.
May go lower this afternoon possibly below 4900?????????
Its Friday afternoon.....has dropped all morning ..
Why would it go up again?
hi neo glad to c some one benefitting out of this drop ,i missed my opportuinity at start then thought had gone to far and not game to try agin,,,of coarse it kept dropping .Nathan
yes i know it can hurt but hey there are always trades like this.
The main thing is to learn from it and implement next time.
anywayz i made $500 net from a short MBL trade yesterday.
so im still a tad happy
P.S you see what i mean now about having those trailing stops in place. Even if i was wrong 3 times i would have lost $600 but 1 right trade could have put me in $600 profit.
Anyone else noticed the tight channel since July 15th? SPI has been in a trading range 4875-5020 for three weeks now. When she breaks out of it I guess we can expect some powerful moves from all that pent-up emotion. My money is on the downside. If I'm wrong I can expect :whip from my wife.
Anyone else noticed the tight channel since July 15th? SPI has been in a trading range 4875-5020 for three weeks now. When she breaks out of it I guess we can expect some powerful moves from all that pent-up emotion. My money is on the downside. If I'm wrong I can expect :whip from my wife.
Dec and Sept contracts both had a high of 4971... mind you the Dec volume was a big 3.
Sycom closed at 4917
Friday XJO close was 4956.1.
I would expect some catchup of the spi on Monday am (assuming it opens low).
Any thoughts?
I will be looking for a long trade near the open!
Bronte, as per your previous posts, is this a day when you would trade the 'spi discount' assuming it opens near 4917 on Monday?
Dec and Sept contracts both had a high of 4971... mind you the Dec volume was a big 3.
Sycom closed at 4917
Friday XJO close was 4956.1.
I would expect some catchup of the spi on Monday am (assuming it opens low). Any thoughts?
I will be looking for a long trade near the open!
Bronte, as per your previous posts, is this a day when you would trade the 'spi discount' assuming it opens near 4917 on Monday?