not sure if you are newer trader or now .. but those buys were right at channel top ... they got you .... I would rather sit ouf of trade than try to buy at a channel top for a breakout
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Dislikedman your a beast at this day trading, its not normal ...i sat there and looked at that trade and i was like nope its gonna blow past it and keep going. and of course reverses and goes down hahaIgnored
Dislikedopen range high .... 773 .. allow 2 point to make sure we get clear breakout ....Ignored
Dislikednot sure but look like goodd short opp to me gu ..
I only trade GJ .. was long off daily pivot 1/2 off at top of range at 135.20 and moved stop +20 other halfIgnored
Dislikedwhen a big move like that happens is that a sign of institutional selling/buyingIgnored
Dislikedcould be ... but when you get high volume up moves like that always look for a short as the pros will be looking to sell into the strength
note on 5 min on the UJ we got the high vol down candle .. but then an even higher one on the next candle .. this is likely buyers on the weakness
pros are not like some of the trader in here(like the guy buying at top of range earlier) .... they only buy on weakness and sell on rallies . However if they are very bullish or bearish they will force prices through support / resistance with good impulsive moves...Ignored
DislikedSince I dont have the experience of working at a broker or anything I can't say for sure what happened. However, I have to agree with you Malcomb. I have seen this too many times and the old me would have been stopped out and reversed positions. Now when I see these without big news, I wait it out. I do assume they are testing the market, SL's etc. Almost like trying to trigger an avalanche. Seems like it failed..?? Anyway, whatever happened, I got in on a killer G/U short
BIgnored
Dislikedtook some courage ... but the long wicks on the 5 min suggested sellers off top of my channel .. took another little short. ..
I think this one target daily pivot only
AttachmentIgnored
Disliked1.2 off , stop =20 other half .... ES breaking down into critical level 750 .. there is osme talk of below 750 she goes into free fall ....
keeping gj sell for now with target 134Ignored
Dislikedmalcolmb,
can u start a thread and teach how you trade??? u seem to really grasp the moves very well. come on teach us! i mean spell it out clearly can u...Ignored