MyPivots
    VO
    VOwater
    Rep: 133
    Posts: 4,121
    0
    GM Traders

    Daily PP: 856.25
    Weekly PP: 861
    Monthly PP: 881
    POC: 829.75

    R1: 895.75
    R2: 918.75

    60m: 933, 980.50
    15m: 910, 914.50, 922
    KO
    koolblue
    Rep: 48,651
    Posts: 16,032
    0
    next 'significant' cycle peak (basis 5 min chart) is around 2:05- 2:15
    VO
    VOwater
    Rep: 133
    Posts: 4,121
    0
    stone wall @ 901
    KO
    koolblue
    Rep: 48,651
    Posts: 16,032
    0
    downside not looking too bad all of a sudden!
    MY
    myptofvu
    Rep: 2,018
    Posts: 666
    0
    stop limit order 900.75 short only a 1.5 stop
    KO
    koolblue
    Rep: 48,651
    Posts: 16,032
    0
    its all the dam avg's VO!
    TU
    Turk
    Rep: 0
    Posts: 92
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    902 has become a price magnet. If price moves +2 or -2 it ends back up at 902
    BB
    bbrad63
    Rep: 240
    Posts: 143
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    What time bar did you look at mypt I snapped it on the 12:29 bar still figurring it out
    KO
    koolblue
    Rep: 48,651
    Posts: 16,032
    0
    WOW, NOW LOOKING AT 894.75 ISH
    KO
    koolblue
    Rep: 48,651
    Posts: 16,032
    0
    JUST COVERED MY LONG FROM 898.75 AT 899.75 PLUS ONE NOW UP 30.25 AND THINKING OF SELLING
    VO
    VOwater
    Rep: 133
    Posts: 4,121
    0
    96.25 breaks GAME ON!
    BR
    BruceM
    Rep: 216,211
    Posts: 19,895
    0
    How true Kool..the way I look at is if the market only trends 30 % of the time ( and that's probably generous) then we need to make most of our money on counter trend trades unless you are the type who can take many losses and win on the trending 30 % of the time...I can't
    quote:
    Originally posted by koolblue

    you know what i really love? A 300 point up day in the dow and most of us made most of our money SHORTING the market. FRIDAY TOO you know your doing something right when you can do that! Congrats to all.. c ya tomorrow!