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MarcinO
Rep: 67
Posts: 5,506
Starting it off.
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jimkane
Rep: 3,058
Posts: 33,089
Hard, hard dump coming...
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jimkane
Rep: 3,058
Posts: 33,089
On the 1-min...
RA
rat89
Rep: 0
Posts: 7,015
everything has been pointing to a higher high, and I was thinking by late this week....now I'm on the fence about a hard pullback first into oe and a new high in early May.....what to do, what to do.....

Originally posted by jimkane

I see rat you posted the same idea I did right before mine posted.
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jimkane
Rep: 3,058
Posts: 33,089
Bullish EXP ABCD here about to give way.
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jimkane
Rep: 3,058
Posts: 33,089
And there's the hard 1-min dump, like clockwork.
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jimkane
Rep: 3,058
Posts: 33,089
And priceflow draws the snap reversal. I suspect it will do nothing into the cash close, but that would be a near perfect snap trap shakeout if it was to rise. But I'm not feeling it...
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jimkane
Rep: 3,058
Posts: 33,089
C'mon, give it to me baby, hard rise now.
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jimkane
Rep: 3,058
Posts: 33,089
I just can't see it...
RA
rat89
Rep: 0
Posts: 7,015
.886 bull algo set up on Monday.........am I nuts with this bear abcd that appears to be set up against it?


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screen shot 2014 04 30 at 3 55 24 pm png
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jimkane
Rep: 3,058
Posts: 33,089
As I suspected, not up or down, just chop, until cash close. It just looked that way.
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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.