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MR
mreiserer
Rep: 110
Posts: 2,220
What a drag
MR
mreiserer
Rep: 110
Posts: 2,220
yes the ES setup at 10:37 trading SPY
JI
jimkane
Rep: 3,058
Posts: 33,089
Notice the .447 at two lines which sent it back up, at 'wave 1' high.
JI
jimkane
Rep: 3,058
Posts: 33,089
1.272 off 'wave 4' is the GLOBEX high.
JI
jimkane
Rep: 3,058
Posts: 33,089
Upper // here at those daily highs, again, which for some reason a seller is just sitting there feeding it out slowly. Should take them out this time.
MR
mreiserer
Rep: 110
Posts: 2,220
yes, I am actually really conservative with this one and planted my stop below the 161.8 of the DT.I know it's generous, but the way they have been running this lately ...
JI
jimkane
Rep: 3,058
Posts: 33,089
quote:
Originally posted by mreiserer

yes the ES setup at 10:37 trading SPY

Wow, so you sat through the 'wave 2', I'm proud of you...
JI
jimkane
Rep: 3,058
Posts: 33,089
870 the 1.272 off the bigger ABCD.
MR
mreiserer
Rep: 110
Posts: 2,220
my first post in this thread says "what a drag". That was me sitting through Wave 2 :)
I just didn't like that it reacted right at the .382 and thought it didn't have enough, but I sat through it.
JI
jimkane
Rep: 3,058
Posts: 33,089
This rejection at the 65 area is very, very curious. Seven failed tries so far. Even if it does blast through on the next try, it is very curious someone was sitting there shoveling it out slowly.
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, it's set up for a blast through right now.
MA
Mats
Rep: 100
Posts: 262
Yes M, Jim 15 pages nice to follow thanks !!

Mats