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ST TOP ...then ATH into 2021


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#51 12SPX

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Posted 03 December 2020 - 02:40 PM

Whew pulled the pin just in time almost got taken out, now back to a hold and build if we go any higher, stupid market!



#52 12SPX

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Posted 03 December 2020 - 03:43 PM

Ok just in case they pull the pin again and turn it around, profit stop 3670 and selling right above again if hit into the close!! 



#53 12SPX

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Posted 03 December 2020 - 03:50 PM

And there we go out for a 5 point profit and starting a new short build at 3671!! 



#54 12SPX

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Posted 03 December 2020 - 03:53 PM

Now this is the volatility I like profit stop 3670 and we'll see after the night session starts otherwise sell above again! 



#55 12SPX

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Posted 03 December 2020 - 03:56 PM

Profit stop 3365 sell right above if it goes through....



#56 12SPX

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Posted 03 December 2020 - 04:04 PM

Out for another 5 point profit, starting another build at 3368, seems to be the average today.... 



#57 12SPX

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Posted 03 December 2020 - 04:16 PM

And there we go 20 seconds left and I was able to grab 3371 again, either a hold overnight or will add to it if we keep going up! 



#58 dTraderB

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Posted 03 December 2020 - 06:10 PM

Relatively slow & dull 2 days. But dull markets can quickly shock the complacent trader. STIMULUS OPTIMISM can add another 2% but charts look TOPPISH ST.

Mainly nq dayteading.
Added 3 SPY PUTS

17 SPY PUTS
1 nq hedge long

12460 nq hedge long

14 SPY PUTS



#59 12SPX

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Posted 04 December 2020 - 08:25 AM

Got my rogue trade overnight so going into the employment report my average short is 3676!  Likely gonna be a fast market this morning....



#60 12SPX

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Posted 04 December 2020 - 08:59 AM

Ok don't want to but profit stop at 3674 and will sell anything above to do a build, trading short this week has been tough and it should'nt be.  This is when you know the market is out of sync and what it tells me is that we're setting up for a bigger fall unless we start to see some real volatility!!