Euro is struggling with .447 of the bearish ABCD, but given the 200 days MA and lines slightly beneath the area, even it fails range trading may be expected similar to the one near the C point.
RA
rat89
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Posts: 7,015
we like it
Originally posted by jimkane
roofer is back after all this time, and no one even comments?
JI
jimkane
Rep: 3,058
Posts: 33,089
58. Another new 'bulls#%&' market high. I just sent a student an e-mail stating this very same thing. The last time I recall this breaking the pattern of down in the overnight for better prices then up in our RTH, with the layout looking the way this does, it exploded up the rest of the night and the entire next day. I sure hope we aren't looking at that right now. At least bring it in for us...
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, I'm just going to toss this out there. Normally I look for structured pullbacks in trends. I don't spend too much time saying where things are going, outside of when a trend has some momentum and I have an area I'm concerned about from a management standpoint, then I might mention an area. I'm not saying it will get there, only that if it does it may trigger some action on my part (if it reacts off the area). Once in a great while I get a 'vibe' that something wants an area, and I'll mention that. Like when they start going nuts on it, they like to run it 20 points from the launchpad. It's a manipulation game. I don't know why they do that, but in my experience they do. So, I may post that. Mostly, I just look for it to come in to setups.
Nonetheless, this has all the look that they will keep running this until tomorrow. I have no idea why they would do that, not bring it in in the overnight, and blow a lot of the juice that say could give them three new record days in one day. But, they do do that every so many days, so it's not unprecedented. Honestly, I didn't see this coming, and thought today's high would likely draw another 'drop it overnight and grind it up in the RTH'.
Right now it looks like it is going to rise right up to one of my next two levels without that checkback. I have around 62.75-63.50 and 70.50-73.00, give or take, center of areas. I can't pinpoint it any better than that until I see when it may hit, and I can't tell that yet. But, those are around the general areas. I think there is a very good chance it may be at the latter area for the close. But, you never can tell. In 'the old days' (these old days meaning before the start of the year crazy manipulation grind) up overnight usually meant, to me, down in our session. What are the chances of a down Friday? One in a billion?
So, I'm waiting on the European open to see what they do, but likely it will do whatever it does in the overnight, and I'll have to work with whatever it does in the AM. Otherwise, it's a ride the grind if one is already in type of a situation. I probably won't post any more tonight, as I'm totally fried, despite a few small naps, unless something really great happens with the European open. I'm still thinking on trying posting in the AM sessions and that's it, but I haven't committed to giving it a go yet.
Nonetheless, this has all the look that they will keep running this until tomorrow. I have no idea why they would do that, not bring it in in the overnight, and blow a lot of the juice that say could give them three new record days in one day. But, they do do that every so many days, so it's not unprecedented. Honestly, I didn't see this coming, and thought today's high would likely draw another 'drop it overnight and grind it up in the RTH'.
Right now it looks like it is going to rise right up to one of my next two levels without that checkback. I have around 62.75-63.50 and 70.50-73.00, give or take, center of areas. I can't pinpoint it any better than that until I see when it may hit, and I can't tell that yet. But, those are around the general areas. I think there is a very good chance it may be at the latter area for the close. But, you never can tell. In 'the old days' (these old days meaning before the start of the year crazy manipulation grind) up overnight usually meant, to me, down in our session. What are the chances of a down Friday? One in a billion?
So, I'm waiting on the European open to see what they do, but likely it will do whatever it does in the overnight, and I'll have to work with whatever it does in the AM. Otherwise, it's a ride the grind if one is already in type of a situation. I probably won't post any more tonight, as I'm totally fried, despite a few small naps, unless something really great happens with the European open. I'm still thinking on trying posting in the AM sessions and that's it, but I haven't committed to giving it a go yet.
MA
MarcinO
Rep: 67
Posts: 5,506
Yes
Originally posted by rat89
we like it
Originally posted by jimkane
roofer is back after all this time, and no one even comments?
AL
albert
Rep: 99
Posts: 3,094
Yes.
Al Kamego
Al Kamego
Originally posted by MarcinO
Yes
Originally posted by rat89
we like it
Originally posted by jimkane
roofer is back after all this time, and no one even comments?
AL
albert
Rep: 99
Posts: 3,094
Originally posted by jimkane
Okay, I'm just going to toss this out there. Normally I look for structured pullbacks in trends. I don't spend too much time saying where things are going, outside of when a trend has some momentum and I have an area I'm concerned about from a management standpoint, then I might mention an area. I'm not saying it will get there, only that if it does it may trigger some action on my part (if it reacts off the area). Once in a great while I get a 'vibe' that something wants an area, and I'll mention that. Like when they start going nuts on it, they like to run it 20 points from the launchpad. It's a manipulation game. I don't know why they do that, but in my experience they do. So, I may post that. Mostly, I just look for it to come in to setups.
Nonetheless, this has all the look that they will keep running this until tomorrow. I have no idea why they would do that, not bring it in in the overnight, and blow a lot of the juice that say could give them three new record days in one day. But, they do do that every so many days, so it's not unprecedented. Honestly, I didn't see this coming, and thought today's high would likely draw another 'drop it overnight and grind it up in the RTH'.
Right now it looks like it is going to rise right up to one of my next two levels without that checkback. I have around 62.75-63.50 and 70.50-73.00, give or take, center of areas. I can't pinpoint it any better than that until I see when it may hit, and I can't tell that yet. But, those are around the general areas. I think there is a very good chance it may be at the latter area for the close. But, you never can tell. In 'the old days' (these old days meaning before the start of the year crazy manipulation grind) up overnight usually meant, to me, down in our session. What are the chances of a down Friday? One in a billion?
So, I'm waiting on the European open to see what they do, but likely it will do whatever it does in the overnight, and I'll have to work with whatever it does in the AM. Otherwise, it's a ride the grind if one is already in type of a situation. I probably won't post any more tonight, as I'm totally fried, despite a few small naps, unless something really great happens with the European open. I'm still thinking on trying posting in the AM sessions and that's it, but I haven't committed to giving it a go yet.
Structured pullback for sure. Kane DB ABCD completing in Kane Zone in the BC leg of the AB=CD on 1 minute chart.
Al Kamego
JI
jimkane
Rep: 3,058
Posts: 33,089
See plate. See Jim. See Jim stepping up.
Nope. That read was as 'off' as it gets. It wound up pretty much doing what made sense and what they've been doing all along, as I described. They just made it look strong first, running it right to the European open, then down. The curious thing now is how they gunned it up, right to a typical rollover spot, and now it's rolling over. This almost never plays out to the downside since the manipulation started. This is almost always a trap. I'm not even going to say what I think it will do with it this time. I'm not even going to say Fridays almost always close strong. Or that when the character changes this layout will play out. I simply don't know. I am expected them to pick it up any time, but maybe I'll not see that happen today...
Nope. That read was as 'off' as it gets. It wound up pretty much doing what made sense and what they've been doing all along, as I described. They just made it look strong first, running it right to the European open, then down. The curious thing now is how they gunned it up, right to a typical rollover spot, and now it's rolling over. This almost never plays out to the downside since the manipulation started. This is almost always a trap. I'm not even going to say what I think it will do with it this time. I'm not even going to say Fridays almost always close strong. Or that when the character changes this layout will play out. I simply don't know. I am expected them to pick it up any time, but maybe I'll not see that happen today...
Originally posted by jimkane
Okay, I'm just going to toss this out there. Normally I look for structured pullbacks in trends. I don't spend too much time saying where things are going, outside of when a trend has some momentum and I have an area I'm concerned about from a management standpoint, then I might mention an area. I'm not saying it will get there, only that if it does it may trigger some action on my part (if it reacts off the area). Once in a great while I get a 'vibe' that something wants an area, and I'll mention that. Like when they start going nuts on it, they like to run it 20 points from the launchpad. It's a manipulation game. I don't know why they do that, but in my experience they do. So, I may post that. Mostly, I just look for it to come in to setups.
Nonetheless, this has all the look that they will keep running this until tomorrow. I have no idea why they would do that, not bring it in in the overnight, and blow a lot of the juice that say could give them three new record days in one day. But, they do do that every so many days, so it's not unprecedented. Honestly, I didn't see this coming, and thought today's high would likely draw another 'drop it overnight and grind it up in the RTH'.
Right now it looks like it is going to rise right up to one of my next two levels without that checkback. I have around 62.75-63.50 and 70.50-73.00, give or take, center of areas. I can't pinpoint it any better than that until I see when it may hit, and I can't tell that yet. But, those are around the general areas. I think there is a very good chance it may be at the latter area for the close. But, you never can tell. In 'the old days' (these old days meaning before the start of the year crazy manipulation grind) up overnight usually meant, to me, down in our session. What are the chances of a down Friday? One in a billion?
So, I'm waiting on the European open to see what they do, but likely it will do whatever it does in the overnight, and I'll have to work with whatever it does in the AM. Otherwise, it's a ride the grind if one is already in type of a situation. I probably won't post any more tonight, as I'm totally fried, despite a few small naps, unless something really great happens with the European open. I'm still thinking on trying posting in the AM sessions and that's it, but I haven't committed to giving it a go yet.
JI
jimkane
Rep: 3,058
Posts: 33,089
For the first time in history, I think I'm posting more on the upcoming demise I see coming than on trading stuff. Right now I'm just a thorn in everyone's side. Some day I suspect everyone will look back at ol' Crazy Jim and say 'Now I know what Jim meant when he said "If you bet the sun is going to blow up and it does, what do you win???" '
http://www.verifythecpi.com/2013/03/february-2013-cpi-report.html
http://www.verifythecpi.com/2013/03/february-2013-cpi-report.html





