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I haven't seen more than 2 ticks profit all day! Let's see if I can make some to the long side....
Still short on my real accounts for multi-session swing trade. If the price we're at now is what I end up covering at it will suck but it won't be the end of the world.
overnight session found support at the vwap.
Oil is rallying.
Will wait for cash session to be established before deciding if this is a chippy day or continuation of the 2 day trend higher.
First 5 day winning streak of the year for the S&P. Top of the range established after the August plummet.
What does it mean? To me, a break above yesterday's high will cause me concern about the a short bias on swing trades. However I like the 200 day ma to use as a discriminator and it's still under that.
Still sucking wind on my short. The system that guided me to it has an excellent record. I should listen to it's advice and put on another half size but I'm playing conservative due to increased volatility.
I'm finding that running my systems is harder than it used to be for me now that I'm concurrently trading discretionary. The two activities are influencing each other. I would prefer total isolation.
A look at cash session volume profile from yesterday reveals two high volume nodes close together. If we do get a choppy day I'll use these to help place stops and targets. If we get the continuation I'm expecting then I'll look for a pullbck to the top node. If we get a reversal then I'll look for pullups to a vwap ( weekly more preferably ).
