X’s and O’s
Long or short today?
Who knows really.
[08:54] E: if going long
[08:55] E: traders have not hesitated to front run
Educated guessing is all we can do.
We guessed better front run long side prior to the open, entry in 52/53 range.
[08:04] E: so buyers are in already if agg
[08:04] E: for long side
[08:04] E: not for home run
[08:04] E: but for bounce
Play the odds, and accept the results.
Stay humble, and dont think we are anything more than lucky when we get it right. That is my attitude.
Odds are actually terrible from the perspective of the potential games that can be played, but if we assumed MATD (we did), then the half gap play was logical. More was hoped for, the gap play. Beyond that was juice, and who cares, already got the day made with the primary on our side.
Then the 60.5 test, and away we went. Trailers for the 66 target.
We said it would be challenging to reverse the momentum, be prepared to patiently manage fighting the surge.
We had shorts expect the IB high retest and then if got into the xx target at 63.75 be happy.
Re entry longs were advised to try for the 68/69 demon area, and then go flat.
Rhythm and risk reward are important in this business.
Happy Birthday to daughter Jen, and get the fire extinguisher for all those candles.
[08:02] E: 10 and 60 for now trying to hold
No doubt they were helpful today to old timers like me, not the profilers.
Just so you know, not trying to convert you. Just feeding my mind day after day and helping our traders improve step by step.
Angels and Demons help when the market goes into range.
Playing the game of X’s and O’s really helps.
Don’t be a one way thinker is my advice.
@spz_trader @toonbuck @LeeGrins @RossJaklik @Ahmad_al_Jarah @b4youleap @AndyLeoni @bhattidaud @RectitudeMarket @historysquared @PIPfarmers
Thanks all for posts on #EMWS today.
Oh, one by one, could we turn it around
Baby carry on just a little bit longer
And I’ll try to give you what you need…