JI
jimkane
Rep: 3,058
Posts: 33,089
The Euro spot FX is trading flat right now, but the Aussie appears to be up like 35 pips or so, if my data is correct. If that is right, then it would indicate a nice little ES pop on the open.
JI
jimkane
Rep: 3,058
Posts: 33,089
Instead it goes to a .382 area like this 10.75 low here, and then rockets right back to a new high for the move, taking out the key setup?
JI
jimkane
Rep: 3,058
Posts: 33,089
Amazing how they came in again, and the ping pong between these two areas. Postponing the decision as long as possible.
JI
jimkane
Rep: 3,058
Posts: 33,089
Boy, does this look weak. Now I'm curious, does it look weak because they are making it look that way, to set a trap, or is this thing really going to respect the area and dump hard? We shall see.
JI
jimkane
Rep: 3,058
Posts: 33,089
I'm a little late in posting this, but:
'There it is!'
I knew that area wouldn't hold. And I 'knew' that the way it was looking all weak was very possibly a trap. I recall a lesson in animal behavior I learned as a young person when I stumbled upon a killdeer (a type of ground-dwelling bird) nest. The mother bird stumbled away, looking like her wing was broken. I tried to get closer, and it kept this up. It looked really hammered. I tried to catch it, thinking I could bring it to a vet, or nurse it back to health. I wasn't able to catch it.
I later learned that this was a defensive behavior, to draw the predator away from the nest. By looking injured and helpless, the predator's attention was drawn very strongly. It's an 'illusion' designed to produce a specific response, and accomplish the goal. Now think about making the market look weak like this. It draws the 'predator' into making a kill i.e. shorting the market upon that perceived weakness, or closing out a long. The 'predator' gets fooled, and the task at hand is accomplished (crush the traders). Don't think this is a coincidence, as I strongly doubt it is. Look where the market sits now.
'There it is!'
I knew that area wouldn't hold. And I 'knew' that the way it was looking all weak was very possibly a trap. I recall a lesson in animal behavior I learned as a young person when I stumbled upon a killdeer (a type of ground-dwelling bird) nest. The mother bird stumbled away, looking like her wing was broken. I tried to get closer, and it kept this up. It looked really hammered. I tried to catch it, thinking I could bring it to a vet, or nurse it back to health. I wasn't able to catch it.
I later learned that this was a defensive behavior, to draw the predator away from the nest. By looking injured and helpless, the predator's attention was drawn very strongly. It's an 'illusion' designed to produce a specific response, and accomplish the goal. Now think about making the market look weak like this. It draws the 'predator' into making a kill i.e. shorting the market upon that perceived weakness, or closing out a long. The 'predator' gets fooled, and the task at hand is accomplished (crush the traders). Don't think this is a coincidence, as I strongly doubt it is. Look where the market sits now.
TO
tomo
Rep: 110
Posts: 238
Yeah, when it all comes down we have a chance. A chance to get in line, do what they say, and exactly as they say, or we are done.
My point in all this? We are in the eye of the storm. This will end. And for those survivors, we will look back and ponder how incredible this time was. How great it was. So I say to all, please enjoy this. Spend time with your family. Hold them close and tell them that you love them every day, multiple times a day. A huge asteroid is headed right for the earth, nothing we can do can stop it, and nothing can stop what havoc it will wreak when it hits. All we have now is the relative normalcy until it hits. Please make the best of it.
Jim. I think you have chance (and maybe I should say we as governments in Europe are no different). They get all this ammo and stuff because they know people will not let them make us slaves easly. And people will wake up and fight if they have to.
One may wonder how can people do those things to their own people. It is only about keeping power. That's it. And probably a lot of them think they do it for people as people are stupid and do not know what is good for them. And I just cannot understand how the f... people are so blind? Try to tell anyone on a party what you think and they will think you are an idiot. They cannot see a thing!
I may only hope for the best but I worry that people will realize what is going on when it is to late. Still ... they will fight if they have to.