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jimkane
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Posts: 33,089
Okay, I changed my mind. I rate the technical action lately, and especially today, a 14 on a scale of 1 to 10. Honestly, the technical level of my latest discoveries has my mind blown completely out of the socket. I'm still sitting here, going over charts, and I'm flabbergasted. I just can't get over the order. It just doesn't seem possible. Yeah, I have to conclude it can't be this ordered. Therefore the only reasonable conclusion is that I must still be asleep, dreaming, and I'm going to wake up any time now and be back in the real world which doesn't have this much order in the market... Riiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiing. Darn, it was all a dream, right?
RA
rat89
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Posts: 7,015
ahead of the fed and jobs, the ma 200 and the lower bb seem like an interesting area to shake people out
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jimkane
Rep: 3,058
Posts: 33,089
Well, this is positioned for new all-time highs tomorrow if it wants. Wednesday, as rat mentioned, is the big (Fed) day. I see lots of fun on the horizon.
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rat89
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ain't it the trooth
Originally posted by jimkane
Another nice time to be long.
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rat89
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at turns, we learn to look for price overruns......how many times do we see price jump the lines to the also, and even overrun that?
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jimkane
Rep: 3,058
Posts: 33,089
Well, the most important thing for me, assuming I don't know, is to be able to estimate probabilities, look for a 'safe' place in, and then be able to read and accept (the latter is a big failing of many aspiring traders, IMO) what actually happens, and react accordingly (according to the 'Trading Plan'). That's all we can do as traders, and if the plan is a net positive outcome plan, that's all we need to do. Get in, deal with the ugly, and grind it out on the seats of our leather a#@es. That's my take.