KO
koolblue
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Posts: 16,032
Well i went in to the overnight short 2 es . i took one off at 1129.00, still holding the other.studying the charts
RB
rburns
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Posts: 383
Good morning Kool and VO. Thanks for posting VO. I noticed that you are using range bars. I have been playing with them late into the night. They seem to have an edge on making Kools projections. Would you pls comment on you experiences with them when you get a chance. TIA RB
VO
VOwater
Rep: 133
Posts: 4,121
Originally posted by rburnsMr. Burns, range bars can help give nice clean patterns, which is what I basically trade. I look at all of em (tick, volume, time, range, renko, line) trying to determine what structure the market is tracing, but generally trade off the 610T for ES.
Good morning Kool and VO. Thanks for posting VO. I noticed that you are using range bars. I have been playing with them late into the night. They seem to have an edge on making Kools projections. Would you pls comment on you experiences with them when you get a chance. TIA RB
Sometimes a simple time chart gives you the best clues - sometimes not. Thats why I look at all of em.
VO
VOwater
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Posts: 4,121
Originally posted by koolbluei think ur right...1 more small push higher. This looks diagonal to me.
buying 1132.50
KO
koolblue
Rep: 48,651
Posts: 16,032
Iwant to emphasise once again, that no matter what trades i make today, followers of the 'longer term views' thread and indeed ,this one should know that for quite a while i had been looking at 2 possible places for an intermediate (possibly even major ) top to form...1133 and 1170. although i see higher prices into March, the danger of this zone is extreme! Need to keep this in mind. Thats one reason for the overnite short i took yesterday!(tried to exit at 1127.00, no luck...went to 1127.25!). On a short term basis, i belive 36.50-38 or 1142 remain very possible ends for this move!...but time will tell!