Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Catching Big Waves - a trader's journal of surfing the the markets
closed both +30 I may reenter and try to rdie this down, but really would like to see something more than what I have so far. ES target is a couple points hgher, and there could still be positions unwinding from this morning's fakeout.
And, as silly as this might be, it never hit 86.40...If I was REALLY going to swin g trade this, my stop might be 89.00, for a wave 5 that is still a decent return and RR.
W4 exhaustion should be in the 88.34 range, so I could be "right" and we see a W5, but still not care about entering it here. The conservatove entry would be a break below something, not a rise to something.
