wow, i dont know how you guys can trade this pit open volitility cause i sure cant.
short [email protected] 966.75, 4 point stop
short 1 @ 965.25
971.75 is my stop
well, time will tell... had a peak due at 1:33and smaller at 1:38. when we hit vahat 967.25 i hesitated cause i had price proj. to 968.25...ended getting a little late at 966.75, but so far so good!
looking for initial proj area around 959 and since 5 min avg is 958.25 and rising ill exit just above it
lowering stop to 968.75
FWIW,after the expected low in a half hour or so , we could see strength into the close.(just an educated guess)
covered for small gain after reading ur post...
counter trend weekly, monthly Market Profile i.e. DVAH DVAL, and 30 min Chart with some special RSI settings. Thanks for the compliment, I was going to buy puts yesterday but I waited to long cause I was in a trade, and before I knew it it was 4:03 and its best to do it at the close because the majority of the time the market changes trend short term in the overnight, which will effect options greater.