Adjusting the stop to 12060...price action is very volatile...will just control the maximum possible loss...

A choppy market open...volatility is high...unless your stop is wide enough, you can easily stopped out...

Showing the 5-min. chart of the YM Futures where the entry is at 12080 from the regular session...

Bought YM at 12080 with stop at 12050...

The market closed barely just above its opening price from yesterday's trading.

Not quite convincing for the participants.

Partly due to the approaching holidays where most of the traders/investors are on vacation.

But looks like there might be some surprising moves before the year ends.

I can sense there is an upside breakout for the market, in the short term possibly.

But most of the big moves happened in the overnight session while the major participants are still snoring.

Let's see from today's regular what might be the reaction.

Sold at 12045 for gain of 50 points...

Putting sell limit to 12050...