I'll start the week with this:

I'd like to say it could 'fail' here now after uncoiling and getting all the stops and such, but I doubt it. Check back and leg after leg up. But, still, chop is not off the table into the close.

It did 'fail' there. Two ticks from the low. Now the bounce again? Chop mode...

How can they come five ticks from that key low to the left and not try to gun it, though?

how, indeed....

Just like clockwork. Chop clockwork.

Originally posted by jimkane

It did 'fail' there. Two ticks from the low. Now the bounce again? Chop mode...

Okay, are they going to try those stops now?

One tick below the intraday low and it snaps up hard. No run at 24.00, just one point lower? How beyond odd.

I'm real curious if that's going to be a short-term bottom there, for this big flat ABCD. Very curious.

Okay, watching that 24.00 and the 'big stops'.

C'mon, 24...

I have a lot to say about this thread but unfortunately no time... Awesome material here from roofer. It make sense that a traders style and psyche have to fit the trading approach since we all see things differently. That wouldn't negate the concept that there is in fact an absolute best use of the tools....but can we all see it in real time....that in itself is an art