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Thread: weak open

  1. #1
    Legendry Member Michael Hodges's Avatar

    weak open !!!

    weak open

  2. #2
    Moderator Kolyo's Avatar
    The market is still over reacting on the bullish side and the opening is mixed today.
    "The goal of a successful trader is to make the best trades. Money is secondary." - Alexander Elder

  3. #3
    Legendry Member Michael Hodges's Avatar
    this trade is an example of how my opening momentum strategy works, even though it lost. My other trade, on the SPX, was made just as soon as the market opened and I caught a good entry. This one was made second, after the market had a chance to move in line with what the futures were indicating, and did not do as well on the short term time frame, in this case if I had used a longer expiry, like end of day, it would still have worked but you know what they say about "what if's"... they don't pay the bills.

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