Member
Posted 29 October 2018 - 12:57 PM
choppy low-range action as the battle continues....
I am now putting TWO stops - 25 points apart - for every trade, long or short; nothing is safe in this market, take nothing for granted, expect wild & unexpected swings.
Edited by dTraderB, 29 October 2018 - 12:57 PM.
Member
Posted 29 October 2018 - 01:21 PM
a whoosh down after more tariff talk.
I was scrambling to exit that NQ short before it rebounded on the initial response down.
My bias is now bearish after the latest tariff threat
SPX 2660 is critical, close below this is super bearish.
On sidelines, waiting to see how this mini-rally from low of day pans out
Member
Posted 29 October 2018 - 01:34 PM
Crashing waves???
Member
Posted 29 October 2018 - 02:02 PM
Could be a few hundred DOW points down by the close... or more
I am not in extreme scalping mode with NQ trading only.
Trail stops on all trades
Member
Posted 29 October 2018 - 02:10 PM
SPX 2532 target if daily close is below 2660
Member
Posted 29 October 2018 - 02:19 PM
Bounced off the Oct 2018 lows,
Did not take this ongoing NQ long trade, am being super careful in this last 45 minutes.
Member
Posted 29 October 2018 - 02:25 PM
Only 2 lots on this NQ long - will exit or reverse hard if it fails.
Member
Posted 29 October 2018 - 02:32 PM
Want to give this NQ short room to run as we move towards the close
Ditto for other NQ trades during next 30 minutes
Member
Posted 29 October 2018 - 02:42 PM
took 2 lots off the table, trail stop 5 on the other 3 lots
Member
Posted 29 October 2018 - 02:43 PM
Took another 2 lots off the trade
last lot
