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JA
jarek
Rep: 94
Posts: 3,474
In the final hours or even minutes of 2010 trading the bulls proved one more time who was really in power last year:
AL
albert
Rep: 99
Posts: 3,094
Kane 4 PCP completing at 0.300 Fibo, Trader's Dream.
Good Trading,
Al Kamego
Good Trading,
Al Kamego
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RO
roofer
Rep: 3,689
Posts: 3,574
it looks like the same trade....but it is not... i have said that i can make choices on the fly by looking at indicators....the first box i recognize by my own studies as a setup that the computers WANT geometry to be there... and price responds.... the second box is no man's land.... the geometry is there in spades.. but time, as joed taught me to find by looking at indicators is not... my instantaneo9us reaction is to pass on the trade....
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JI
jimkane
Rep: 3,058
Posts: 33,089
Hmmm, GLOBEX overnight high was 1277.00, before it dropped over ten points like a rock. And, that LOD area is under threat again. Am I surprised??? Sometimes I can't believe the things this methodology helps me to find.
Originally posted by jimkane
...I'd think this would want the 1277 area next. It's no surprise it is doing its 'stop dead at the brick wall and consolidate for the next burst up routine' right at this spot, though...
RO
roofer
Rep: 3,689
Posts: 3,574
one of my old favorites has come back to life..... my expertise is finding predefined trade setups at the geometry with time....been a steel driving man these past few days... if only that idiopt who made that sad sack post about the worth of jim's work could see the tools rocking!
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