Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
....was 81 offered, too slow to hit the bid. will stay in the offer for 1 lot, & maybe 83 offered for the other. looks like its been & gone though....also may look if it retests & fails to put in HH & 79s & short there.
Scalp -3 ticks
Swing trade 1 -12 ticks
Swing trade 2 +23 ticks
Total for day +8 ticks (less commission - which is a lot).
Trade log attached.
Positives
~ read the market ok'ish (though most swings were v slow), read it well on the winning trade
~ 2 scratches which were good as dynamics did change.
Negatives
~as posted at the time, was contemplating averaging in when short @91 as it failed to make new high, but left it alone;
~poor first swing trade - though not sure i wld do much differently (need to back test similar setups more / look at swing sizes, acceleration into lows etc)
~when short 91s suspected price wld move to 68s (after it hugged low to mid 80s for a while), but banked both lots perhaps too early.
~missed good short opportunity at 81s late aft
agree, just need to be patient for price to pop out, which it did.....& the long "long @ 56s" level looked good just then (57s went offered)......but too late in the day for me.
same. moving to Amp futures - its 80ish cents. there is no real point getting into scalping regularly when its that expensive - it really is just daylight robbery. some days/periods scalp trades are better to do.