I only traded two hours today… I decided last night I wanted to go short in the first hour and long in the second hour, and then call it a day. And, that’s exactly what I did. Did I get all the potential profit out of this perfect plan? Not by a long shot, but with a little patience I got two excellent entries and grabbed enough points to be happy. For all the volume pouring into the market, I found today’s trades hard to manage, because they took their time finding their legs… a lot of narrow-range action before the real moves happened. But, no matter!
I tell you what, I am about ready to just trade those barb’s bars… it’s such an easy-going way to just kill the markets lately. You just have to accept a rather large initial stop. Still watching that.