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TFC Commodity Trading Forum

March Emini/Testing mid Dec High Resistance *PIC*

ES h3 is testing the mid Dec high resistance level. Price poked its nose above this 1446 level in another vertical spike and has backed off below this 1446 price point and is spinning its wheels there. The plunge day and last two vertical up move days should have cleared most stop losses. The spread between the last trading day's low and today's high has been 72 points!. If they weren't stopped out you have to ask the question: Just how much risk does one accept and still retain a trading account. My answer would be: Not that much............