OK let's get the party started.

Flat ? DT ? 30min TF.

I guess nobody likes the pattern ML set i was talking about. Maybe it's too 'out of the box' ?

T, I am going to look at that, but I have had to concentrate and didn't have time to emulate it. You mind posting a chart?

Globex 886 right here

watch that Euro ABCD

quote:

---

Originally posted by TonyC

and for fun, here is a different type of ML set over the potential flat pattern currently forming.
In trying to be creative, do adj comparison ML set using the Flat's AB leg as primary size and lock upper // on the pt 2(11:22am) of yesterday's 4pt continuation pattern. look at the interaction of the price action and if this rolls over you can look at where a DT abcd could set up below at the lower lines of that ML set etc...
Just something new to look at...
Enjoy !
T

---

Yes, cool set, T, especially if a DT forms.

thx J.

I do a lot of that kind of experimenting, I just don't show it too much because it would confuse people learning the basic use of the adjusted sets. If they have too many choices they don't know what to do and when, so I show the bread and butter use, which covers maybe 90% of what I'd be doing anyway. But as one's level rises, there is a lot more that be can be done.

Keep an eye on the 901.25-902.75 area, if it gets there. I've got some nice stuff right here it has to overcome first, though.

last call for the shorts today?

Area hit, now we see, but it sure looks like they want to run this til close. Watching 904 next, but I think this is a long side until proven otherwise situation. We'll see. They have to prove it.

Globex rocks.But you have to be up for it. The overnight trading is a long slugfest challenge. Hard to keep awake if price just sits for hours long. Currencies have decent moves as well but the stop sweeps are just plain evil sometimes. And then U need to keep your stamina and focus up for the regular day session too. It's mentally and physically draining if u do this for a long period of time but eventually u get past the wall and it becomes natural. I've been at it on and off for a few years now and can live off very little sleep.I definitely think I have a sleeping disorder,like insomnia, but that works in my favor in this case,I guess. The thing u have to be careful about is the strain you put on your eyes.Watching the trading screen without rest is not healthy.So for those who may plan on trading day and night, you may want to consider scheduling rest/break time and invest in superior screen quality hardware. And even though my computer video settings cna get very high resolution, I actually set the display to medium res.I found that if I use the max settings the charts graphics get too 'fine' for my viewing therefore making my eyes adjust in order to discern all the details, and that put a lot of tiring stress to the retina muscles.And over a long time U end up getting bad headaches. So more isn't better here.
That's just some tips for those new to all session trading. and I have nothing better to do right now so im typing this text just to kill time i guess...