Trade #5
Went long at SPX 2141. STOP 2131.
I bought the pullback. We are at bifurcation point. A crack below 2138 will put this trade in danger zone, in which case i will be looking to reverse short.
Edited by NAV, 14 October 2016 - 10:27 AM.
SPX
Started by
NAV
, Oct 14 2016 10:24 AM
36 replies to this topic
#2
NAV
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Posted 14 October 2016 - 10:30 AM
SPX 2137.9 i reversed short with a STOP at 2146
#3
NAV
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Posted 14 October 2016 - 12:34 PM
I bailed out at 2140.
This is becoming a daytraders market. VST Swing is changing almost everyday. It's been a while we have seen 2 back to back days of trending move. Duh !
Edited by NAV, 14 October 2016 - 12:37 PM.
#4
NAV
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Posted 14 October 2016 - 12:38 PM
Trade #5 = -3
Trad #6 = -2
#5
NAV
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Posted 14 October 2016 - 12:50 PM
Now i will go long above 2144
Edited by NAV, 14 October 2016 - 12:50 PM.
#6
EntropyModel
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Posted 14 October 2016 - 12:58 PM
Tricky market last 2 days even for Day traders like myself ...depends on style, system etc ...more of a fast scalpers markets for 5-10pt hits in 15-30mins.
My day trade price system currently have high odds break of 2137 tgts 2125 3-4pm.
Edited by Entropy2.0, 14 October 2016 - 01:01 PM.
Question everything, especially what you believe you know. The foundation of science is questioning the data, not trusting the data.
I only trust fully falsified, non vested interest 'data', which is extremely rare in our world of paid framing narratives 'psy ops'.
Market Comments https://markdavidson.substack.com/?utm_source=substack&utm_medium=email
https://www.youtube.com/playlist?list=PLznkbTx_dpw_-Y9bBN3QR-tiNSsFsSojB
#7
NAV
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Posted 14 October 2016 - 01:03 PM
Edit: Now i will go long above SPX 2143
#8
NAV
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Posted 14 October 2016 - 01:05 PM
Tricky market last 2 days even for Day traders like myself ...depends on style, system etc ...more of a fast scalpers markets for 5-10pt hits in 15-30mins.
My day trade price system currently have high odds break of 2137 tgts 2125 3-4pm.
Yep, if you are aiming for 5-6 points, it's a good market. But for someone like me who is swinging for 20+ points, it's not fun.
#9
EntropyModel
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Posted 14 October 2016 - 01:20 PM
Tricky market last 2 days even for Day traders like myself ...depends on style, system etc ...more of a fast scalpers markets for 5-10pt hits in 15-30mins.
My day trade price system currently have high odds break of 2137 tgts 2125 3-4pm.
Yep, if you are aiming for 5-6 points, it's a good market. But for someone like me who is swinging for 20+ points, it's not fun.
Agreeing 100% ..I aim for in middle of your system and scalpers i.e. 10-20pts in 30-60min . ...most of my VST stuff is lagging due to fast turns, but
I decided not to trade last 2 days due to 'unusual signals' ..so i'm happy to be on sidelines...this stuff can wear you out, then the big moves
come and too tired to trade it well ( as we said, the 'get them off the bus' game).
Edited by Entropy2.0, 14 October 2016 - 01:21 PM.
Question everything, especially what you believe you know. The foundation of science is questioning the data, not trusting the data.
I only trust fully falsified, non vested interest 'data', which is extremely rare in our world of paid framing narratives 'psy ops'.
Market Comments https://markdavidson.substack.com/?utm_source=substack&utm_medium=email
https://www.youtube.com/playlist?list=PLznkbTx_dpw_-Y9bBN3QR-tiNSsFsSojB
#10
NAV
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Posted 14 October 2016 - 01:27 PM
Buy setup at 2143 invalidated. Will deal with this on Monday, unless another setup shows up before the close.
Entropy,
Talking about "unusual", after that big move post Brexit, this market has been unusual. I would say unusually crappy 
