MyPivots
Sign In
TO
TonyC
Rep: 99
Posts: 471
yesterday's last hour pop was not a legit pop, imo..just some late day covering I think...and im glad i closed on the high tick of the close.
Now, this could go to the DT areas next as suggested by Jim.
JI
jimkane
Rep: 3,058
Posts: 33,089
My best line right there, too.
JI
jimkane
Rep: 3,058
Posts: 33,089
Upper part of area hit now...
JI
jimkane
Rep: 3,058
Posts: 33,089
T, you riding the ES still? Did you get the puts?
JI
jimkane
Rep: 3,058
Posts: 33,089
82 RTH LOD, too.
JI
jimkane
Rep: 3,058
Posts: 33,089
They got it all the way down to my areas. Fantastic. Long live the 'trendline creep'.
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, well, great finish to the trading day, and a nice, weak close for a Friday, keeping in line with the intermediate top premise. That remains to be seen, but so far it looks good.
TO
TonyC
Rep: 99
Posts: 471
tadah ! $$$ cah-ching$$
muy muy bonita finale.
okay happy weekend to the KT family. Have fun. seeya all.
JI
jimkane
Rep: 3,058
Posts: 33,089
Great job, T, you nailed that one. As usual, we were on the same page as far as assessment. And I can't believe the pre-holiday rampers lost the battle. As I said, there are some initial clues the sea change has happened. Once the trendline creep started to really form, the rampers had to put up or shut up, and as that hit into the key area so well shown by T, it was all over for that scenario. You could just see the balance of power slowly shifting.
BB
BBJ
Rep: 100
Posts: 129
Jim, around what time was your entry on the trendline creep trade and where did you put your stop ? If I may ask.
JI
jimkane
Rep: 3,058
Posts: 33,089
BBJ, I closed out all my charting programs already, but when I open them later I'll answer this one for you.
MA
Mats
Rep: 100
Posts: 262
Thanks for that comprahensive explanation for the entry !

Mats