Emini Trading Update – Thursday 12 Dec 2013 (12:49)
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Wow, big couple of days. Hope you caught some of it. Not sure it’s all over though – I think we’ve got to see Exhaustion Selling on the 13,500 tick chart before we’re all done.
And Contract Rollover today. For whatever reason my TradeStation charts have been really messed up with this Rollover. Usually it goes smoothly, but not this time. Just one of the day-to-day frustrations of day trading. But better than sitting in an office!
We’re at critical support on Gold and Silver. I’m looking for that big Exhaustion selling volume on Gold to pop up – and it might take a break through $1,200 to do the trick. Let’s see.
I’m finally out of my losing Crude Oil trade. I should do a recap – just to drill through my head the mistake(s) I made. Anyway, thank you for the gentle prodding – I did finally get the message and got out.
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