Volente's Bar and Grill

That is the zone that must hold in 1st 30 mins of trading for the gap fill attempt to kick in.

 

Buenos días Traders! Coffee and TV

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This is where I get a little confused, Volente. You came back in with a '52' bid with a stop at 49.

But now you are looking to buy at 49 with a 46 stop.Why not put that 46 stop in the first place with 'bids' down to 49?

 

Bought 49.75 stop is 45.5 with targets at 59.5, 63.5 and 67

 

Macho. Why not long 61 and add to 49 with 46 stop? 49 to 52 is from hourly time frame. 52 was r10 bracket. Bounce was weak so I trailed stop and got hit. Thought we would touch 56-57 min on it. Had I stayed up all night I would have shorted break of 58 in anticipation of my 52 bracket getting hit but I rarely chase price and never leave stop orders open just to enter a trade. Perhaps this is a trend day and I will get stopped again. All I can do is take my shot and manage the risk.

 

Add 48.5. Stop adjust 45

 

I understand. Thanks for explaining. I see what you are doing from a casual glance and it has held up pretty well.

I am not into various time frame charts so I miss the points (levels) you are referring to.

Good trading

 

plan on going long 1336.00

 

Do you expect another 9 handle drop from here??

i wish

plan on getting out my short about 42- 43

god willing

 

Got tic fugged Rebuying 43-44.5 with 40 stop and 54 target