MyPivots
Sign In
DA
day trading
Rep: 39,586
Posts: 6,369
This week's Economic Events.
PA
PAUL9
Rep: 14,898
Posts: 1,170
It's days that you "don't believe" the one sided trade that seem to just keep going. (I know, in my stubborn past, I've been on the other side)

that outside bar created 10:00-10:05 was reaction to weaker than expected ISM services number.

Pretty bullish if the selling reversed in a 5 min window.
BR
BruceM
Rep: 216,211
Posts: 19,895
added at the RAT!!!...no signs of selling ...tricky trade
BR
BruceM
Rep: 216,211
Posts: 19,895
34 fills all air today so far
BR
BruceM
Rep: 216,211
Posts: 19,895
so far I'm not impressed by the breakout volume...lower or on par to Thursday and Friday.....
PH
phileo
Rep: 3,062
Posts: 520
1038.5 = 34 pt range today
what are the odds that we've seen the HoD ?
PH
phileo
Rep: 3,062
Posts: 520
FYI, that response to the bad ISM number was a bonafide breakout, as both Euro and Crude broke out to new session highs at around the same time.

Pretty bullish signal if you ask me.
PH
phileo
Rep: 3,062
Posts: 520
Originally posted by BruceM

34 fills all air today so far


1034.25 but no further.... they're teasing you, Bruce!
DA
DavidS
Rep: 3,181
Posts: 557
Mornin.
Where to?
Click image for original size
BR
BruceM
Rep: 216,211
Posts: 19,895
yes Phileo..those double 34.25 will get broke I believe and soon
BR
BruceM
Rep: 216,211
Posts: 19,895
that is two non - consecutive lows on 5 minute at 34.25...seems early to have one of those..usually expect that kind of stuff over lunch..

hour needs to run too but which side??
DA
day trading
Rep: 39,586
Posts: 6,369
Here's another view of the same chart that BruceM posted above. I've stretched it out vertically to make the air pockets clearer.

Click image for original size
Air Pockets on 6 July 2010 with green and red volume bars.