So, we finally hit the area I've been talking about for so long, and it's dropping like a rock, and no one is posting at all?

sweet... Dark cloud cover on daily. Is that the name for that candlestick pattern ?
Profits from my ES daytraders are enough to give good cushion for my stop on the puts. So Im rolling with the house money wich is kinda cool.And even if one may have missed the turn off the HOD, the price action provided for great setups to capitalize from while waitting for a potential wave 2 opportunity to present itself.
T

Now watch this .382/.447 at that GLOBEX upper //.

watching from a distance here. this is the sweetspot, TD at gap set line and 447

just a bit late in the day :)

I have two other sets in there, too. But nothing on earth can stop this if the gov is buying it, and I am very wary they are. We'll see.

I truly believe, and this is just opinion, that those fast selloffs we see are when they stop to see if it can hold up on its own. It drops like a rock and they see it can't, so they come right back in. This is completely irrelevant for trading, especially intraday trading, but it is a curious theory to ponder. And if one thought that was happening, it speaks to only trading the long side for the swing plays, until they finally can't keep it going any more. Also, on another note, this is the last day of the trading month.

yeah, but it's fun to short...especially when in 10 years from now you can say that you helped drive these f!#kers into the ground :)

Wow, it did like the area. Nice.

quote:

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Originally posted by mreiserer

yeah, but it's fun to short...especially when in 10 years from now you can say that you helped drive these f!#kers into the ground :)

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I like your attitude! :-)

See if could have a reaction here?
1min much to low but i guess it do not matter.

0.886 and 0,382 from top




Mats

I can't remember if I, or anyone else, mentioned this yesterday, but I kept reminding myself to post it, and I kept forgetting. Did anyone notice the RTH high was an .886 off the GLOBEX high to the tick? Very cool.