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Re: Dewey, I think of that saying----
In Response To: If you hear a loud bang ()

from the minute I throw my fishing lines out, until I'm done for the day. Two phrases that keep pestering me all day are "Prime Directive" and "expect the unexpected". They have been so loud today, my ears hurt. The unexpected served me well today with the break below my 65.20 sell signal the first 60 min. I was not ready because I was not expecting it the first 60 min of trade. Unexpected, was screaming at me that the early 65.17 low would be taken out when regular trade started.

I was very uncomfortable selling my bounce line resistance @ 66.25 before the 9:00 open but it was in my 50 cent risk parameters, so I played it conservative only selling 1 but I added a pair with fishing line set @ 65.15 and having a lot of anxiety with that also. Made my deposits @ 64.80 and 64.50 and then waited for a setup for buy stops for a pop back up to 65.50. The hog market over did it with the unexpected today. I certainly didn't expect main support @ 64.00 to happen. That's what makes the hog market so much fun, as long as the unexpected doesn't cause any pain.

Messages In This Thread

WHAT HAPPENED??
Re: Mission accomplished = setback,
Maybe now is the time - - -
If you hear a loud bang
It looks like the futures have - - -
Re: Dewey, I think of that saying----
Your longs are looking good, Dewey. *NM*