So here comes another up Sunday night GLOBEX/Monday - what a surprise!

Yes, they like the .886 'retest', rushing it up strongly off that. Now back to the same key line, in what would be a 4PT right there, and 'seeing' it. I suspect they will rush it up and over, catching a lot of stops in the process. But I'll give that 4PT the benefit of the doubt and see what it does with it.

Well, they did like that 4PT, and brought it back down to that .886 area again, at the cash close. Mostly it's just low timeframe area to area chop, as they don't really want to do any selling. Maybe it does a little more after cash in here, we'll see.

The point of all these posts is so people can reconstruct what I am saying, and compare it with what they are doing, to see how I look for clue areas. How I read price action as things unfold.

jim- you do not need to worry about me... i am doing same thing over and over... find trade based on geometry... calculate stop based on 1;4th to nearest target... enter trade... set stop... on first cycle of indicators... move stop to break even....as aristotle said''' they who are to be judges must also be performers'''.. i have no right to judge another traders work unless i am willing to show what i am doing and how i am going about it....

Originally posted by jimkane

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The point of all these posts is so people can reconstruct what I am saying, and compare it with what they are doing, to see how I look for clue areas. How I read price action as things unfold.

Thanks for the effort Jim. This is really helpfull.

They closed it right on the ML from a bigger set. If it doesn't bounce here that would mean that 1.272 off the last ABCD was it for now:

dumped DZZ on open as time element expired... on these three, have tightened stops....

after what i saw as an abcd retest yesterday of the larger set, my trading plan was to dump ALL my positions at medianline if the market gave me the opportunity... it did.. so i did...done trading for the week...

Great work Roofer!

Nice reaction off the LOD and a potential TD ABCD:

Sorry, crew, that I didn't make any posts today, but that action was insane, and I didn't have time to use the bathroom, eat anything, make any posts, or do anything but stay fixated. It was an absolutely incredible day for trading, in my opinion. This is the kind of price movement and action this methodology loves. Just my humble opinion. Do some work on today's action and you should see some very clear areas. Hopefully tomorrow I can make some posts.

Great charts, roofer. My area from yesterday did hold, and it did put in the lower high, for now. Very impressive. I guess the 'news' was a criminal probe into GS. Slowly they seem to be losing the ability to ramp this on bad news. It's probably just a temporary lull, but at some point this house of cards is going to implode, as they always do.

My students should be able to see what this gave me into the big area from yesterday, to get me ready for the short side off the GLOBEX high.

BTW, AAPL rolled within 6 cents of the .886 off the high, by my chart. 6 cents! Incredible.