S&P500 Topping Soon...

luckystar2006

This is what I mean by lacking momentum during exhaustion phase.

luckystar2006

ElliottFib 发表于 2021-2-11 12:16 PM
The rate things are going now. I'm adding hedges tomorrow.

The rate things?????  Mind to clarify what you mean by that?  By adding hedges, you mean to add more short???  Just be careful with average down your position due to high risk factors.

ElliottFib

luckystar2006 发表于 2021-2-11 12:30 PM
The rate things?????  Mind to clarify what you mean by that?  By adding hedges, you mean to add mo ...

not exhausting fast enough. I still see some upward momentum on hourly chart.

luckystar2006

NQ drops way more than 5% from its top.................

Elephant

spx也要跟上一部分

luckystar2006

Elephant 发表于 2021-2-23 09:56 AM
spx也要跟上一部分

which is why I love to trade NQ more than ES as a momentum trader

luckystar2006

So far so good today with high volatilities..... $2500 for a couple of trades since last night.

Cheese

ElliottFib

luckystar2006 发表于 2021-2-23 09:54 AM
NQ drops way more than 5% from its top.................

come on, man... your original post had a SP 500 chart in it. don't move the goal post... If SPX drops >5%, the big picture changes completely and I'll have to activate emergency plan...

luckystar2006

Gain for today: $3430 to be exact + commisions.  Done for the day.  

luckystar2006

Last trade was a chicken trade as I tried to protect profits using 1-lot to trade.  I supposed to hold that trade for longer period, but.......

luckystar2006

Just put in one sweet trade for ~$1800

luckystar2006

Look like short term bears might have to wait for a day or two before another down leg kicking in.

luckystar2006

As said from previous post that there should be another down leg and here we are.

What a nice day to be on the short side for ~$3225 so far...

Done posting for this thread.

luckystar2006

$4235 for the day.....

LAST POST FOR THIS THREAD & NO MORE SHOWING OFF!!!