The US dollar regained some strength in relation to major currencies. Anyway, I will watch 1.1040-50 area in case it needs one more push lower against CAD.
JI
jimkane
Rep: 3,058
Posts: 33,089
I'm thinking almost no one got what I was saying here. I'm not even sure my main guy, who gets all my sarcasm, got this one. Anyway, my play was short, and the area I was looking at was a partial tick under 21.75. The low was 21.50. Do the work. Do the lines. Look this over. It was all there. It was an overnight play (so what) that could be run with trailing stops and then looked at in the morning if still open. Anyway, seriously, do the work and this one should be as clear as crystal.
Originally posted by jimkane
I bet twenty-seven zillion dollars that this isn't going down anymore today. Mostly I bet that because I wish this bullish 4-Point CP would fail and we'd have some downside, and I suspect the odds of that are less than one in a billion.
Originally posted by jimkane
If I were a player I'd be long like 25,000 contracts off that setup right now.
Originally posted by jimkane
So, let's see. As a 'player' I'll make about $27 zillion from the setup, and another $27 zillion for the bet, so I'll finish the day up about $54 zillion... I wonder how many islands I can buy for my $54 z? Maybe I'll just buy one small island, like Hawaii...
RO
roofer
Rep: 3,689
Posts: 3,574
al-i live in another world also where there is a lot of bull ... the fly fishing world.... i can not cast worth a damn when i do not have a target.... but give me a target that is worth the risk that requires total concentration to do a stack cast ending with a reach mend to drift my fly under a low branch in the darkness as i am getting eaten alive by the bugs... the tools i have memorized in my muscles are awesome.... same in trading... roofer matters little if at all,, it is the tools that are awesome...
MA
MarcinO
Rep: 67
Posts: 5,506
Thanks for indicating this, Jim. I wouldn't have got it without additional comment from you.
Originally posted by jimkane
I'm thinking almost no one got what I was saying here. I'm not even sure my main guy, who gets all my sarcasm, got this one. Anyway, my play was short, and the area I was looking at was a partial tick under 21.75. The low was 21.50. Do the work. Do the lines. Look this over. It was all there. It was an overnight play (so what) that could be run with trailing stops and then looked at in the morning if still open. Anyway, seriously, do the work and this one should be as clear as crystal.
Originally posted by jimkane
I bet twenty-seven zillion dollars that this isn't going down anymore today. Mostly I bet that because I wish this bullish 4-Point CP would fail and we'd have some downside, and I suspect the odds of that are less than one in a billion.
Originally posted by jimkane
If I were a player I'd be long like 25,000 contracts off that setup right now.
Originally posted by jimkane
So, let's see. As a 'player' I'll make about $27 zillion from the setup, and another $27 zillion for the bet, so I'll finish the day up about $54 zillion... I wonder how many islands I can buy for my $54 z? Maybe I'll just buy one small island, like Hawaii...










