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

Daily PP: 882
R1: 895.25
POC: 879.50

globex gaps: 893.75, 891.25
PR
prestwickdrive
Rep: 2,057
Posts: 1,098
einstein - IB is the initial balance which is the range of trading during the first hour the pit is open. Traders like to watch for IB extensions as turn points, especially the 50% and 100% areas. The IB today is 886.5-895.5. The range is 9 so a 50% extension is 4.5 + 895.5 = 900.
VO
VOwater
Rep: 133
Posts: 4,121
pwd nor do I, but wtf it is only 2 trading days worth of profit I gave em
EI
einstein
Rep: 170
Posts: 167
thnx.
PR
prestwickdrive
Rep: 2,057
Posts: 1,098
quote:
Originally posted by VOwater

pwd nor do I, but wtf it is only 2 trading days worth of profit I gave em


LOL. You are a much much better trader than me and the older I get the more conservative I get.
KO
koolblue
Rep: 48,651
Posts: 16,032
VO
VOwater
Rep: 133
Posts: 4,121
oh yeah pwd Im just the best in the land...great timing to part with my calls awhile ago!
KO
koolblue
Rep: 48,651
Posts: 16,032
BUYING 896.50 FOR A BOUNCE(I HOPE)
.
KO
koolblue
Rep: 48,651
Posts: 16,032
thats the 1 min proj down and also the 1 min avg is right there... waiting
KO
koolblue
Rep: 48,651
Posts: 16,032
quote:
Originally posted by VOwater

oh yeah pwd Im just the best in the land...great timing to part with my calls awhile ago!


no, i am VO! lost over 1000 on my last 2 forays into the gold market! sheese!
EI
einstein
Rep: 170
Posts: 167
KOOL I presume you bought the 2.681 projection low from the last sig hi on the 1 min?
FE
feng456
Rep: 994
Posts: 340
happy new year everyone