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    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
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    Well, it doesn't look like anyone plans to post anymore, but I'll start this topic in case, since our 'official' topic starter is away from the forum for a few weeks, I think he said.
    TO
    TonyC
    Rep: 99
    Posts: 471
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    in trade management phase and riding the pop.Already a free trade for me. moved stop.
    TO
    TonyC
    Rep: 99
    Posts: 471
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    (Edited )
    Originally posted by TonyC

    in trade management phase and riding the pop.Already a free trade for me. moved stop.

    let's be patient here. Got something for my first pop off the area wich is to move the stop, therefore reducing the risk significantly...Im letting it wiggle around until i see a more trending phase for the trailing stop phase. This is great textbook KT trade management example made in live action..with my own little twist of course but u get the point...we don't talk about trade management much in here. But to me it is a crucial element in the trading plan.
    Maybe I'll get wacked out of the trade but the management plan keeps my trading capital intact so I can move on to the next trade and so on...
    T
    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
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    I sure love to see someone using my management concepts :-)
    TO
    TonyC
    Rep: 99
    Posts: 471
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    smells like a roll over is coming.Probably another scratch but I have the opportunity to let things run until the market denies it.
    TO
    TonyC
    Rep: 99
    Posts: 471
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    ok stop hit. got out without a blemish.okay enough for today..gotta get some sleep now...back at it later...that 24h trading thing is crazy but I love it.
    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
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    (Edited )
    All this incredible action and no posts...

    There goes INDU 10,000 (9999.99 by my data). Let's see if that causes monster buy programs to come in tonight/tomorrow. It would be very curious if it didn't. Do a workup on the INDU and find the two set lines just below here. Imagine if they don't bounce this after all this selling...
    TO
    TonyC
    Rep: 99
    Posts: 471
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    it's 2am-4amET and i've got some sweet sweet moves in the overnight futures. Im having a blast!
    ES is slip n sliding as well as the euro.
    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
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    So, is this a market bounce point here?
    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
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    Not a bad read on my part, now up 17 points off the low, and rising strongly. Commodities bouncing, too. Crude a rocketship.
    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
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    Up 20.50 points at the high so far...
    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
    1
    And this bounce leaves the market set up for what? Another up Sunday night GLOBEX/Monday. Let's see if they can extend it to 20 for 22 on that...