I won’t give away the ending… but at one point I did resort to asking the audience to clap for a push down, so this one definitely wasn’t easy going. :-)
Unfortunately youtube wouldn’t take the video where I did a post-mortem on the trade due to length restrictions, so I had to cut that part out. The main thing is, note the GVol_Oscillator divergence against me as the trade hits 1432 the first time. Normally, I would bail for a few ticks in the face of that. But, I was watching an indicator on a chart you couldn’t see, that convinced me it would be ok to sit tight in my short position. Was I right to do that? You’ll have to watch….
January 8th, 2008 at 2:49 pm
what r the chances that both of us recorded the same trade…i won’t try that very often, i missed the real break down when i was editing and posting the video
January 8th, 2008 at 4:57 pm
That is funny! I thought it was an ok setup, anyway. You can always just edit and post after the markets close. I always wait until I’m sure I won’t be doing anything for the next few minutes.
January 8th, 2008 at 9:07 pm
Richard,
I had the chance to scalp today. I watched your morning video, then fandangled my own indicators, and grabbed 54 SPY cents. I am really liking your methodology. Thanks! I will scalp tomorrow for a bit too, see what happens.