OK let's get the party started.
Flat ? DT ? 30min TF.
JI
jimkane
Rep: 3,058
Posts: 33,089
Looks like it wants to take out all the value areas, the GLOBEX high, and the high from yesterday in one shot. 920 the next stop?
JI
jimkane
Rep: 3,058
Posts: 33,089
909 is also the VAL. If it trades into that, it frequently goes to the VAH, which is the RTH HOD. But it still has to overcome this area right here, and I can't believe it isn't out of gas.
JI
jimkane
Rep: 3,058
Posts: 33,089
Everything I have comes in from here to 13.5-15.25. There is so much 'resistance' right here if it can get through this, it would imply a monster big player doing serious accumulation. This should dump hard here under 'normal' conditions.
TO
TonyC
Rep: 99
Posts: 471
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...
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...
