Keep Calm and Don't Move Your Stops.....

A little risk management saves a lot of fan cleaning!

The Purpose of Life is Joy!!

Tuesday, September 10, 2019

Quick hit

I wanted to be long today but couldn't really build a case. Turns out there was one but I couldn't see it. But there was a case for a short off a daily high double top after a long run up and that felt good to me even though it is counter trend on the higher time frames.

In these situations, best to be quick and both in and out.

A quick 30 tick hit short and flip long for another 10 or so ticks and time to hit the showers and get ready for the "real" job.

Short in the red, out at the green. Back in at the green because by now I had a clearer picture of where the longs were but no real longer term exit in mind. Only in it for ten as it was just a scalp. There was more of course, but I couldn't see it and it was at the open as well.