out some 89.32
add to long 89.10 stop loss 88.99. need to clear 89.50 , otherwise scalps if i get lucky
yes, makes sense. per my 100 ticks rotation, 88.70 is next support- on a bigger level
out some 89.34 . need to clear 89.50 again.
long 89,20.
Josh- it's basic s/r on smaller scale. plus some concepts from Market Profile.
wondering why price stopped at 89.40 area?
Accumulation or distribution- is the question of the hour.
now safe entry for longs for me is 89.10 area unless , i want to place wide stop loss
89.40 level was broken to the upside on 2918 cars. price should not have come below 89.39. But it is not science, so anything can happen.
stopped out
add to long 89.44. stop loss 89.39
I am not sure how other traders trade $8 of down price move and the $9 up move without ACD reference points along with other concepts MF talks...
last week high of 89.90 and my not ideal entry is scaring me. Got lucked out on last long.
moved stop loss to 89.39
BADA BING. out some 89.72
long 89.32. stop loss at 89.09. will add if pull back more.
I think I mentioned his firm has some of the biggest trader in the pits. He said during a seminar that his firm clears 1/3 of daily volume.
enough consolidation. Time to put up or shut up for BULLS.
BOOM .Fresh troops have landed at the beach for next fight. micro support now 89.09, if cl wants to move above 89.50
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