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Had a feeling things could get ugly...to bad I didn't short...oh well. hope you guys made out today, I got some TF,6E,6S, and a piece of the yen.
As a side note for those of you less experienced out there, as you can obviously see and Bugs has mentioned this...Targets are getting larger and drawdown is likely to be larger and probably get a lot of "whippy" action, so BE CAREFUL.
I don't know if anyone gives a hoot about what trades I'm taking but if you do I will give a heads up and for anything I post here just figure a 10 tick stop. I will only post the highest probability trades that I see
Hey Kbit, I made few dollars on couple of shorts on the ES but got scared and stayed out most of the time because of the big moves. I figured today was for the big traders and they could take my stops too quick either way.
I would like to get the your heads up and learn more about your trading setups. Us newbies need all the help we can get. Thanks.
Kbit, that sounds good. Earlier you mentioned in one of your post that you were going to share some more information on your trading method. Just checking with you wanted to make sure I didn't miss anything.
Glad to chip in here...Anything that I post here I will trade( like today) Along with you. I won't post theoretical stuff.
That being said, pay attention to the wording of the post, that is to say if I say I'm getting in at a specific spot I will. If I say I'm WATCHING an area I am waiting for a setup of some kind and may or may not be able to post in time ( depends on mkt conditions) and if you see some p/a where I'm looking at feel free to jump in(or not). I will also post if I think it's a turd and you should flush it. Keep about a ten tick stop in mind unless I post otherwise, I usually get decent enough entrys that if it goes more than 10 ticks it's probably wrong.
