Wow, these markets are getting crushed. We are only about 120 points away from the 200 ema on the daily chart for NQ. If it breaks through it and holds it could get real ugly. Not saying it will hit it today but it is definitely a very strong push down.

Dow futures down 460 points!
S&P futures down 50 points!
NQ down 194 points...

Unreal. Hard to keep my finger off of the mouse button. LOL! I will resist. If I can't I will switch to sim and get it out of my system.

I think it is fair to say we have figured out who won the bear vs bull fight today.......




Dow futures down over 525 yeeeikes.

Dang! Didn't think it would try to go all the way but we are just above the 200 ema on the daily chart for NQ. Unreal.




It will be interesting to see where it goes from here.

ES still has about 30 points to get to the 200 ema on the daily chart.

Crazy wind and rain woke me up. Decided (naturally) to check the markets. HUGE overnight volume. NQ nearing 100k already. Big price swing to go along with the volume. Bit of a relief rally going on right now. London coming online in about 15 minutes, we will see if it continues then.

Hope this tropical storm blows through fast. Would love to catch some of that action. Winds are already nearing 40 mph so I will just watch or trade sim until this blows over.

Weather channel says 100% chance of rain.... for once I agree. LOL!

TradingOgre 

Crazy wind and rain woke me up. Decided (naturally) to check the markets. HUGE overnight volume. NQ nearing 100k already. Big price swing to go along with the volume. Bit of a relief rally going on right now. London coming online in about 15 minutes, we will see if it continues then. Hope this tropical storm blows through fast. Would love to catch some of that action. Winds are already nearing 40 mph so I will just watch or trade sim until this blows over. Weather channel says 100% chance of rain.... for once I agree. LOL!

Better hold on tight, for both the storm and the markets
I have been focusing on commodities and missed al the action in the NQ, stupid stupid stupid

I am going to follow your journal, interesting thread!





Ps; For everyone reading this: A like/thanks to my original post in the link below would be very much appreciated since i can win a price with it!

Battlestations: Show us your trading desks! I went from this: To this: And i have never been more profitable! Once i started trading i thought the more information i could see the better a trader i would become. There were some other setups in the time in between then and now and it took some …

RDK91 

Better hold on tight, for both the storm and the markets I have been focusing on commodities and missed al the action in the NQ, stupid stupid stupid I am going to follow your journal, interesting thread! Ps; For everyone reading this: A like/thanks to my original post in the link below would be very much appreciated since i can win a price with it! Battlestations: Show us your trading desks! I went from this: To this: And i have never been more profitable! Once i started trading i thought the more information i could see the better a trader i would become. There were some other setups in the time in between then and now and it took some …

Yeah it's nuts. NQ moved up 400+ ticks in the last two hours then dropped 150. Lot's of money to be made or lost today.

stay safe!

The worst has past. Winds on the back side are only showing 15-20 mph.



Spreads during the night on NQ were all over the place. Sometimes as high as 5 ticks.

Looks like a smaller positions, wider stops kind of day.

scary damage in Florida on the news

Quick glance at the daily chart shows the overnight action pushed price back up to the underside of the 200 ema. Volume overnight is crazy. 265k already. Lots of action. Of course this will mean smaller positions due to having to use larger stops which is fine as long as the move is good enough to make up the difference which I think it will be.

Daily chart:




now, time to get to work and make some money.

Later.