trying a new long at 19550
IS THE FED BEHIND THE CURVE?
Started by
dTraderB
, Sep 15 2024 10:14 PM
154 replies to this topic
#22
12SPX
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Posted 16 September 2024 - 11:26 AM
profit stop 19560
#23
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Posted 16 September 2024 - 11:28 AM
profit stop 19570
#24
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Posted 16 September 2024 - 11:34 AM
and out for a 20 point profit....
#25
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Posted 16 September 2024 - 01:32 PM
starting a short build at 5695...
#26
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Posted 16 September 2024 - 01:47 PM
out setting rofit stop at 5692, sell above
#27
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Posted 16 September 2024 - 02:01 PM
Starting a short build at 5697
#28
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Posted 16 September 2024 - 02:07 PM
Out for 2 points and I have to head to tennis so we'll see how it goes want it higher again....
#29
dTraderB
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Posted 17 September 2024 - 04:40 AM
Was a slow Monday but I rolled & then went LONG ES & NQ because markets want to rally into FED announcement. Will be FLAT before announcement.
Will start to close LONG ES & NQ above 5715 & 19750 ( at around current levels)
Will start to close LONG ES & NQ above 5715 & 19750 ( at around current levels)
#30
dTraderB
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Posted 17 September 2024 - 04:44 AM
Excellent summary of market now & near future. And, I am still in India, 9 hours time difference, but getting a few trades done. I will trade only ST & VST after FED announcement until market settles ... BUT THERE IS A HUGE SHORT TRADE IN LATE SEPTEMBER INTO Q4. DO NO WANT TO GET INTO THAT TOO EARLY.
Been a slow start for me getting going posting but have been hedging as we get closer to the Fed meeting on Wednesday which is going to be very telling with the debate between a 25 and 50 cut. Then we have the election and then year end. Going to be exciting and not sure I want to be in the market day trading as we also have a quad witch expiration cycle this coming Friday which could also be exciting as numbers indicate it should be a down cycle which would mean this should be a down week overall or down just a little. Personally I'm hoping we see another up cycle in the end as it will make for a very interesting October cycle. Volatility is going to kick up huge on Wednesday I'm sure and the big question will be the reactions as d's points with those charts is very interesting. Anyhow, added quite a bit to my short trade Friday and after the open yesterday bringing average up to 5684 and even though dealing with a grand kid was able to close it just before the cash open with a 2 point profit. Have placed another short now though that I don't like after missing my long on the ndx but I don't chase so just a average short at 5694.
