Closed my ES short for 1 point loss. As of 4:15 Est, the hourly trend on the ES turned up and is now in a buy zone. I don't like being short when the hourly trend is up, given that the surprises come in the direction of the trend. I will file this under the category of an impatient trade. Should have waited 15 minutes more. I would most likely buy the dip tommorow as opposed to shorting this beast here, which has a better risk/reward IMO.
Yikes !
Started by
NAV
, Jan 30 2007 04:46 PM
2 replies to this topic
#2
dcengr
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Posted 30 January 2007 - 04:50 PM
You and Denleo make 2 so far.
Qui custodiet ipsos custodes?
#3
NAV
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- Traders-Talk User
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Posted 30 January 2007 - 04:53 PM
You and Denleo make 2 so far.
I don't like giving free money to the boyz. If anything, i like stealing from them.
