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koolblue
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Posts: 16,032
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DA
day trading
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In a generally negative macro economic environment like we're currently experiencing do you tend to favor short trades over long trades?
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koolblue
Rep: 48,651
Posts: 16,032
not really but only because im so short term orientated..I usually buy or sell little 10-20point reactions . Only occasionally hitting a home run for a lot more. The wisest course of action would of course be to sell more.
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koolblue
Rep: 48,651
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My cycles say intra day this down draft should bottom between now and 10-15 mins
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koolblue
Rep: 48,651
Posts: 16,032
The xix is spiking to 33.. historically big bottoms occur around 36!
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koolblue
Rep: 48,651
Posts: 16,032
Ticks are still below zero but have recovered nicely.Fwiw the avg daily range is 98 and the high was 3733...Do the maff!
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koolblue
Rep: 48,651
Posts: 16,032
Ticks are still hang negative but in the same area while the es keeps going lower.That is a very positive divergence.
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koolblue
Rep: 48,651
Posts: 16,032
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short term 5 min png