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Exited long positions. Entered a small short for a small scalp


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#1 melonseed

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Posted 22 January 2018 - 04:19 PM

2835.25 exit and entry point. Bagged 47 pts for this trade. Short looking for 5-10 pt scalp.


Trade safe.

#2 melonseed

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Posted 22 January 2018 - 04:29 PM

initial order was 2838 but didn't get. Lowered to 'sell it now' price.


Trade safe.

#3 melonseed

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Posted 22 January 2018 - 05:08 PM

2838 was hit... oh well. Not complaining bout this short position yet.


Trade safe.

#4 salam

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Posted 22 January 2018 - 06:19 PM

I think your early exiting but a solid profit nevertheless.

Nice trade.

Still Expecting 2850-70 by week end may start scaling in hedged shorts
I'm not sure what my future holds... But I know who holds it.

#5 melonseed

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Posted 22 January 2018 - 06:23 PM

I think your early exiting but a solid profit nevertheless.

Nice trade.

Still Expecting 2850-70 by week end may start scaling in hedged shorts

For some reasons, I am starting to turn bearish. The short covering occurred earlier than I expected. I would have stayed long if it didn't hit my target so soon.


Trade safe.

#6 melonseed

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Posted 22 January 2018 - 06:49 PM

I am bullish but yesterdays move doesn't seen quite right with that gov shut down scare. Does look like a short swipe at the markets. Let's see how pre market runs. 


Trade safe.

#7 salam

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Posted 22 January 2018 - 06:54 PM

Gap and go to more ATHs methinks....
I'm not sure what my future holds... But I know who holds it.

#8 salam

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Posted 23 January 2018 - 04:54 AM

 

I think your early exiting but a solid profit nevertheless.

Nice trade.

Still Expecting 2850-70 by week end may start scaling in hedged shorts

For some reasons, I am starting to turn bearish. The short covering occurred earlier than I expected. I would have stayed long if it didn't hit my target so soon.

 

Nothing bearish about the tape.

 

Dow poised to gap and go...a lot of trapped shorts betting on shutdown in the 2806/10 area...if not stopped out now ; they will be by friday

 

Measured move out of the ascending triangle 2850-60; may get a pause there; No point shorting until there is a signal


Edited by salam, 23 January 2018 - 04:57 AM.

I'm not sure what my future holds... But I know who holds it.

#9 alexnewbee

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Posted 23 January 2018 - 06:11 AM

short spx@2837


"we do G.d's work" Lloyd Blankfein

#10 melonseed

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Posted 23 January 2018 - 11:05 AM

NQ broke up but ES tanking. Could still be a head fake.


Trade safe.