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....was 81 offered, too slow to hit the bid. will stay in the offer for 1 lot, & maybe 83 offered for the other. looks like its been & gone though....also may look if it retests & fails to put in HH & 79s & short there.
Scalp -3 ticks
Swing trade 1 -12 ticks
Swing trade 2 +23 ticks
Total for day +8 ticks (less commission - which is a lot).
Trade log attached.
Positives
~ read the market ok'ish (though most swings were v slow), read it well on the winning trade
~ 2 scratches which were good as dynamics did change.
Negatives
~as posted at the time, was contemplating averaging in when short @91 as it failed to make new high, but left it alone;
~poor first swing trade - though not sure i wld do much differently (need to back test similar setups more / look at swing sizes, acceleration into lows etc)
~when short 91s suspected price wld move to 68s (after it hugged low to mid 80s for a while), but banked both lots perhaps too early.
~missed good short opportunity at 81s late aft
agree, just need to be patient for price to pop out, which it did.....& the long "long @ 56s" level looked good just then (57s went offered)......but too late in the day for me.
same. moving to Amp futures - its 80ish cents. there is no real point getting into scalping regularly when its that expensive - it really is just daylight robbery. some days/periods scalp trades are better to do.
