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I dont like knowing the fact that im on the other side of the market.......PB!
" I will follow my rules, I will take my stops, I will be disciplined and i will work with the market....NOT AGAINST IT! Professional mind control is the key"
Broker: Advantage, Trading Technologies, OptionsCity, IQ Feed
Trading: CL, NG
Posts: 1,038 since Jul 2010
Thanks Given: 1,713
Thanks Received: 3,863
You have to look beyond value areas and poc's/vpoc's. The market was in an incredibly tight range yesterday. More often than not, we will see huge rejection the following day. It happens all the time. I was looking for the market to fill in/repair the 29th's profile at the lower end of its distribution. We just wouldn't go there yesterday so today was the perfect opportunity.
" I will follow my rules, I will take my stops, I will be disciplined and i will work with the market....NOT AGAINST IT! Professional mind control is the key"
Broker: Advantage, Trading Technologies, OptionsCity, IQ Feed
Trading: CL, NG
Posts: 1,038 since Jul 2010
Thanks Given: 1,713
Thanks Received: 3,863
Here's an encore trade. This may have limited opportunity but the symmetry was good. Sold the DVAH which was confluent with yesterday's low. Got fully scaled out and just waiting to see what happens. Could get nailed on remaining 1/3 but in a guaranteed profitable position now.
" I will follow my rules, I will take my stops, I will be disciplined and i will work with the market....NOT AGAINST IT! Professional mind control is the key"