This thing looks like it's ready to drop hard.
game over.
TO
TonyC
Rep: 99
Posts: 471
riding my shorts until shown otherwise. The channel going into the TD's completion area might trigger but the choppy tape just isn't favoring sustained follow through in the event of a trigger pop.
There's much to learn watching this developping in real time. I hope our 'ghost' members are following this.The KT methodology requires a lot of screen time and personal experience to attain profitable trading consistency in my opinion. It's hard work but once u master it(wich I yet don't ) I think it is very rewarding if one wants to make it a career. As Roofer does, he just master his craft in his own ways to the highest level, and it shows in his work.And btw Roofer's work is amazing, not only the amount of info but also the quality of the researsh he's done. It is inspiring to me, even though my style may differ from his, what I get from that is a measuring stick as to the amount of effort and hard work one has to put in his own work in order to achieve successful mastery.
okay, now back to work. It's going down baby!
There's much to learn watching this developping in real time. I hope our 'ghost' members are following this.The KT methodology requires a lot of screen time and personal experience to attain profitable trading consistency in my opinion. It's hard work but once u master it(wich I yet don't ) I think it is very rewarding if one wants to make it a career. As Roofer does, he just master his craft in his own ways to the highest level, and it shows in his work.And btw Roofer's work is amazing, not only the amount of info but also the quality of the researsh he's done. It is inspiring to me, even though my style may differ from his, what I get from that is a measuring stick as to the amount of effort and hard work one has to put in his own work in order to achieve successful mastery.
okay, now back to work. It's going down baby!
TO
TonyC
Rep: 99
Posts: 471
quote:
Originally posted by mreiserer
What TD are you talking about? The bearish 15 min TD has triggered.
im talking about the TD on the 120min chart from june2 to now.
MR
mreiserer
Rep: 110
Posts: 2,220
to me that bullish TD isn't out of the woods. As a matter of fact the key area to me is circa 924
TO
TonyC
Rep: 99
Posts: 471
924? ok but the grouping there is made of the .941, 1.128 and not much else. the TD's .886 groupinga had more numbers into it but that grouing look busted. It is now reacting off of that but that seems stretched way too low into the grouping to me, of course i can be wrong but why not get a bigger trigger pop here and then maybe rollover... and if it keeps going then it tells u the bulls still got some left in the tank.
JI
jimkane
Rep: 3,058
Posts: 33,089
Great comments, guys. When T and M show up and post in the intraday ES section, it's always a great day for the forum members, education-wise. This 'TD' on the 120 RTH is the line in the sand right now, no matter how we label it. That lower // is key for the bulls. It 'sees' it, but so far the reaction is muted. Intraday it was worth a shot to me, but it wouldn't take me out of puts for quite awhile yet. Bounce and roll, baby. So far it's been bounce and bounce more and squeeze the shorts. One of these times it will be bounce and roll and panic the longs.
TO
tomo
Rep: 110
Posts: 238
Now close to TD ABCD on 5 min chart. I am bearish so maybe if it triggers I will take it.
JI
jimkane
Rep: 3,058
Posts: 33,089
tomo, look at that set on the 60-min RTH, though, just for some 'context'. I'm not saying don't be bearish, just make sure you see that set from 6/2.
TO
tomo
Rep: 110
Posts: 238
Yes Jim .. I can see this action on 60 min .. also nice setup :) Thank you. This is what is hard sometimes .. multiple time frames and context.
MR
mreiserer
Rep: 110
Posts: 2,220
quote:
Originally posted by TonyC
924? ok but the grouping there is made of the .941, 1.128 and not much else. the TD's .886 groupinga had more numbers into it but that grouing look busted. It is now reacting off of that but that seems stretched way too low into the grouping to me, of course i can be wrong but why not get a bigger trigger pop here and then maybe rollover... and if it keeps going then it tells u the bulls still got some left in the tank.
T my main magnet is always the .382 and that was right there. Ok it fell short by 1.5 points, but as we all know it's about areas not exact spots. This .382 was taken from the 5/21 5/26 RTH DB.