Trev- I think it was going in sync with the S&P and QQQQ at that moment whereas it wasn't before. I don't exactly remember though now. What made me short it? Well it was up big yet couldn't break out to new highs after that with any power. Combine that with dropping markets and the probability is going to the downside. It was either going to go up or down, I just picked the right one. If I got stopped out , then I would have gone the other way.
short DVA
5 comments:
what a call! in the zone
Scott, are you still considering doing a webinar?
j-didn't catch the up tho...
pav- not at this time.
What made you short at this moment? Exhaustion of trend? Would the hanging man a few candles prior not be a better entry initially?
I usually understand your moves, just curious here!
-Trevor
Trev- I think it was going in sync with the S&P and QQQQ at that moment whereas it wasn't before. I don't exactly remember though now.
What made me short it? Well it was up big yet couldn't break out to new highs after that with any power. Combine that with dropping markets and the probability is going to the downside.
It was either going to go up or down, I just picked the right one. If I got stopped out , then I would have gone the other way.
Post a Comment