Ugly close here

    Posted by whs956 on 8th of Jan 2016 at 03:56 pm

    Matt..ES system closes out end of day? or open next day?  My feeling is hold short over weekend and close Monday. 

    do what you feel is

    Posted by matt on 8th of Jan 2016 at 04:00 pm

    do what you feel is right - at the moment is shows that it's closing, but what matters is the close of the ES market at 5:00 EST.  The indicator still needs to be in range and should ES bounce during the next hr after the cash market is closed, it could decide to hold, simply look at the indicator at that time.  If you are in the trade clearly you have so much profit you can give it room if you wanted, your choice. 

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!