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JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, I'll start it for this week.
MA
MarcinO
Rep: 67
Posts: 5,506
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MA
MarcinO
Rep: 67
Posts: 5,506
Context for the previous chart:

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MA
MarcinO
Rep: 67
Posts: 5,506
Update

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MA
MarcinO
Rep: 67
Posts: 5,506
Key area:

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JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, I just bought 15,000 contracts on the dip there in anticipation of the yapping that is going to start soon, and the ramp that will follow. Yes, I am joking.
MA
MarcinO
Rep: 67
Posts: 5,506
And it gave only a small, as compared with the whole move, 20 pips bounce.
The next area is here, but the green warning line may pose a resistance too.

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MA
MarcinO
Rep: 67
Posts: 5,506
If the green ML (on H1) is broken I have the next spot around 1.5450.

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JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, got stopped out on my 15,000 contracts. I hope everyone 'got' my joke.


Originally posted by jimkane

Okay, I just bought 15,000 contracts on the dip there in anticipation of the yapping that is going to start soon, and the ramp that will follow. Yes, I am joking.
RO
roofer
Rep: 3,689
Posts: 3,574
well i AM short near today's high in qqq and will eexplain why later showing logic of stop and target
JI
jimkane
Rep: 3,058
Posts: 33,089
If they can't bounce it here off this 29.25 area, it might be dead meat.

Editor's note: Oops, oops, oops. Posted the M3 value from my higher timeframe chart. U3 was at 23.50 area (center of area). Sorry.
RA
rat89
Rep: 0
Posts: 7,015
fascinating.....