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AK
Akola
Rep: 100
Posts: 323
buying @ 998.5

stop 994.5

i think it goes to 1010 - 1015 and back to the lows.
KO
koolblue
Rep: 48,651
Posts: 16,032
YEAH, Joe .. as i said i did! But i was sure it could be mastered and after using every system known at the time , i decided to be my own 'expert' and develop my own thing! been fine ever since!
CH
CharterJoe
Rep: 4,475
Posts: 2,352
Came all the way back....holding overnight
KO
koolblue
Rep: 48,651
Posts: 16,032
vix near all time high (if it closes here!) shot to 150 in 87 but didnt close there.
CH
CharterJoe
Rep: 4,475
Posts: 2,352
Picked up some 92 calls
RE
redsixspeed
Rep: 4,111
Posts: 1,711
the last 15min. candle big volume of the day may be a strong area tomorrow
KA
karend
Rep: 0
Posts: 65
does anyone have the developing value areas from today?>
KO
koolblue
Rep: 48,651
Posts: 16,032
FWIW, weeks ago we broke a large tringle on the dow (around 11000 orso at the time) which projected down to 8400 or roughly 200-300 points lower from here. that would equate roughly to my 888 number ! Didnt pay attention to it then, just seemed to ridiculous. IM PAYING ATTENTION TO IT NOW! LOL
MA
Margie
Rep: 94
Posts: 364
By the looks of it 888 tonight!
PR
prestwickdrive
Rep: 2,057
Posts: 1,098
quote:
Originally posted by karend

does anyone have the developing value areas from today?>




Karen - I have approx 939-992. given how wild the last hour was I am not sure how accurate it is.
KO
koolblue
Rep: 48,651
Posts: 16,032
MARGIE ,NOTE ON THE 1 MIN. CHART, 15:56 to 15:59 gives 889.25 proj. THE ORIGINAL PROJ (15 ,30, 60 etc is 888.25) sq of 9 is 886, so ferom 886 to 890 is going to be a good trade (calls maybe?)
CH
CharterJoe
Rep: 4,475
Posts: 2,352
quote:
Originally posted by koolblue

YEAH, Joe .. as i said i did! But i was sure it could be mastered and after using every system known at the time , i decided to be my own 'expert' and develop my own thing! been fine ever since!



Well said, You can hear it a million times but its whats needed...a system. I am counter trend trader most of the time so its a given that you'll draw down a fairly large amount at times. But my draw downs are smaller than my winners, and once losses occur I go smaller on contract size and then add back to it when things go back to normal. I don't need a new system I just wish I knew how to flip the counter trend trader off and turn on the trend trader in an instant.