I will start this discussion topic with EURUSD chart.
On Friday it reversed six pips below the zone. I assume it may hold for a while and give some reaction but then it will be crashed.
Just my opinion.
JI
jimkane
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It's too bad, too, if they could have cleared all those stops, maybe something worthwhile might have happened, but 'they' knew how dangerous that might be. So, their overlords told them to use some of that stolen money and get it moving back up.
JI
jimkane
Rep: 3,058
Posts: 33,089
So, 'Super Tuesday' finishes down, except for the Dow. That's a refreshing change. I'm sure TPTB won't let that happen again for awhile.
JI
jimkane
Rep: 3,058
Posts: 33,089
Here's 19,999, I'm headed to make a post in the public KT forum. I'll be right back...
MA
MarcinO
Rep: 67
Posts: 5,506
Congratulations, Jim!
20000 posts. This is simply incredible number.
Thanks for all of them.
20000 posts. This is simply incredible number.
Thanks for all of them.
Originally posted by jimkane
Here's 19,999, I'm headed to make a post in the public KT forum. I'll be right back...
JI
jimkane
Rep: 3,058
Posts: 33,089
I made a 20,000 post count post here:
http://www.mypivots.com/board/topic/7814/1/20-000
I locked it so no one 'out there' will slam me. I'm pretty sure that's my first post 'out there' since the debacle. But, maybe someone will create a new topic and slam me. If so, I'll just delete it. I'm sure they will slam me in their own topics, but since I won't be reading those, I guess I can live with it because I won't even know. Too bad they'll never know how awesome this forum is, and how much we help each other out. No sales pitches, no anything. Just help for traders, and good technical analysis stuff. In the opinion of many, the best material out there, bar none.
And I used to post all the time 'out there', at length, but then 'they' said they would prefer I go away because I'm a troll. No, I'll probably never be able to let it go, which was the most common advice I got from my readers by private correspondence. Thanks, crew. Thanks for reading all 20,000 of my posts!
http://www.mypivots.com/board/topic/7814/1/20-000
I locked it so no one 'out there' will slam me. I'm pretty sure that's my first post 'out there' since the debacle. But, maybe someone will create a new topic and slam me. If so, I'll just delete it. I'm sure they will slam me in their own topics, but since I won't be reading those, I guess I can live with it because I won't even know. Too bad they'll never know how awesome this forum is, and how much we help each other out. No sales pitches, no anything. Just help for traders, and good technical analysis stuff. In the opinion of many, the best material out there, bar none.
And I used to post all the time 'out there', at length, but then 'they' said they would prefer I go away because I'm a troll. No, I'll probably never be able to let it go, which was the most common advice I got from my readers by private correspondence. Thanks, crew. Thanks for reading all 20,000 of my posts!
JI
jimkane
Rep: 3,058
Posts: 33,089
AAPL earnings. I shouldn't have even asked that question. Also, check out PNRA on a 1-min. Flash crashes to 170.00, most vendors then erase below 180 (did they bust the trades?), then it makes it all back, then it goes even lower on the earnings news. Was that privileged insiders getting out? I sent this over to ZH, but I don't know if they'll do anything with it.
JI
jimkane
Rep: 3,058
Posts: 33,089
Ask and ye shall receive. roofer asked me if there was one article that sums it all up (probably so he can give one link to people to get them up to speed?). I said no, it's just a lot of articles from various sources. Well, I've kept my eye out since then, and I've found one that is the closest I am probably ever going to find to a 'single article explains it all' kind of thing. It is long, but a fantastic read. No, it doesn't cover every last detail, it covers the concepts, and it covers them extraordinarily well, in my opinion. It says a Part II is coming, so it turns out not to be one article after all, but this is the best I have seen. Enjoy.
http://www.zerohedge.com/node/476758
P.S. Notice I stopped posting all this kind of stuff in the trading thread? I'm trying to stay on topic...
http://www.zerohedge.com/node/476758
P.S. Notice I stopped posting all this kind of stuff in the trading thread? I'm trying to stay on topic...
JI
jimkane
Rep: 3,058
Posts: 33,089
I just reread that article. It's the best summary I have ever seen. I feel like, word for word, he summed up what I have been saying to everyone I come in contact with (as they roll their eyes, walk away, tell me I'm an ass, or get angry with me), the readers in here, everyone. I wish there was some way to get this out to a bigger audience. It's coming folks, and it will be the biggest thing in human history by a long, long, long shot. It will dwarf WWII, the bubonic plague, all of it. I know this for one reason, and that reason is not that I'm negative or paranoid. It's because I am a highly skilled mathematician with a lot of common sense, ability to see the bigger picture in a given situation, and above all I know human nature.
I can't wait for Part II. Please, people, pass this on.
I can't wait for Part II. Please, people, pass this on.
JI
jimkane
Rep: 3,058
Posts: 33,089
This will help you understand a little bit about why people are the way they are.
http://en.wikipedia.org/wiki/Normalcy_bias
http://en.wikipedia.org/wiki/Normalcy_bias
