bootsyjam 

Good reversal area rosh-hope you got in? I exited at +2 when price retraced back higher-not looking like a good decision but I don't like trading against the trend too much. I find profit taking the hardest part of trading-never seem to get it right-if I get out early then price continues, and if I stay in then pricer always seems to reverse! My profit level was a few pips higher than the open as if this is the move I am expecting I expect it to make it there.

was too slow to get in.

what t/f re trend....you talking about the longer term - since 25th march? only slight uptrend today, & more strong if you include yest afternoon.

rosho01 

was too slow to get in. what t/f re trend....you talking about the longer term - since 25th march? only slight uptrend today, & more strong if you include yest afternoon.

just sold 14s. not huge amt of room on the downside - 04 bid.

Certainly for the last few days-price has been rising since the 27th?
If in doubt i look at one thing-is the price on the right of the chart higher than the price on the left of the chart

Am short again for exactly the same reasons and exactly the same 15 min set up. With exactly the same worries for a reversal

rosho01 

just sold 14s. not huge amt of room on the downside - 04 bid.

was tempted to sell 14s again but have my full size on, looked great setup.

There's certainly a battle going on in the DOM so we're clearly at an important area no matter what happens!

bootsyjam 

There's certainly a battle going on in the DOM so we're clearly at an important area no matter what happens!

1500 odd hit into the 12s, 800 hit into the 11s.....battle going on with algo/iceberg scalping between 10-14s imo.

Things are getting dicey that's for sure-need some large sellers to come in here and sweep out the longs but not looking good.
Stopped out. V frustrating day indeed.

bootsyjam 

Things are getting dicey that's for sure-need some large sellers to come in here and sweep out the longs but not looking good

stopped at 17s -9 ticks 3 trades, 3 losers -35 ticks. good stats.

theres loads of spoofing in this. my stop shld have been @ 18s really 1 tick above the recent high, it traded 18s (v small) anyway so it wld've meant larger loss. now its 11 offered - gd clean out of stops.

Yeah the price is just sticking around for a long time and sweeping up orders. I would expect it to move very quickly when one side asserts dominance here. Big selling on cd for what it's worth, but they could all be swept out in a move higher so it's finely balanced.