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Catching Big Waves - a trader's journal of surfing the the markets


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Catching Big Waves - a trader's journal of surfing the the markets

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  #1201 (permalink)
 GaryD 
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 GaryD 
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I am going to come back to comment

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 GaryD 
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The ES refuses to break 1307, and is trading in a bullish wedge. It is Friday and that concerns me for shorts, but ES is testing first of 2 downward trendlines, and if it makes another run fot te bottom I may expect it to make it this time.

Meanwhile, the CL is at a near perfect ABC target at 99.81...

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 GaryD 
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 GaryD 
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 GaryD 
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closed -16

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 Ralph07 
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Gary,

Last week you told us about the classic short covering of friday evening...
Why did you short this time?

Thanks

The following user says Thank You to Ralph07 for this post:
 
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 GaryD 
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 GaryD 
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stop to 99.97

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 GaryD 
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That is a first. I TRIED to get stopped out...

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