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MarcinO
Rep: 67
Posts: 5,506
I will start a topic for this week.
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jimkane
Rep: 3,058
Posts: 33,089
The trading action has been off the charts lately, in my opinion.

Originally posted by rat89

thank you jim....today is one for the record books
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jimkane
Rep: 3,058
Posts: 33,089
If the Euro got going to the downside at all I'm looking at the high 17's up into the mid-18's. This would be a great head fake below a key weekly TL, then they could bounce it. Just one scenario I am watching, which most likely won't actually happen, but I'm watching, in case. I can't imagine the Euro reversing from this fourth 'touch' of an obvious TL here. It 'sees' it, but they should really plays some games with such a great opportunity to screw a lot of chumps.
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jimkane
Rep: 3,058
Posts: 33,089
Time for the ES to explode now and run to new highs...
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jimkane
Rep: 3,058
Posts: 33,089
No way, are they going to give me some downside? Nah, they are likely just weaving the trap more intricately...
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jimkane
Rep: 3,058
Posts: 33,089
It will be different this time? Recall that this is the sixth longest running 'bull' market in history, and of the five greater, four ended in violent crashes ('29, '87, etc.). Imagine if they do push this until the end of the year and S&P 2000... I really, really hope this 'bulls#%&' market was over at my area from May.



Source: http://www.zerohedge.com/news/2013-07-05/opportunity-squandered-we-blew-it
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jimkane
Rep: 3,058
Posts: 33,089
Please, please trading gods, let me see my S&P 400 just once, if even only for a day. Oh, please...
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jimkane
Rep: 3,058
Posts: 33,089
Crude's trying to push up on its highs again.
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jimkane
Rep: 3,058
Posts: 33,089
Another new high for crude.
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jimkane
Rep: 3,058
Posts: 33,089
ES looks, again, ready to make its big move up. Last time it was a false start. Maybe now, too. But at some point they should 'break it loose'.
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jimkane
Rep: 3,058
Posts: 33,089
I was really hoping this was a bounce and that it would sell into the close, too...
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jimkane
Rep: 3,058
Posts: 33,089
Yeah, they planned it well.

Originally posted by rat89

So cool....163.08 into the close for a 1.27 dbs