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MarcinO
Rep: 67
Posts: 5,506
Starting it off.
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jimkane
Rep: 3,058
Posts: 33,089
I don't know rat, it sure is set up for a big up day manana. We shall see.
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jimkane
Rep: 3,058
Posts: 33,089
And the ES pops into the cash close. Now we see if they have an after-cash surprise waiting.
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jimkane
Rep: 3,058
Posts: 33,089
EricD was in the house today. How about some of those cool charts of yours, Eric?
RA
rat89
Rep: 0
Posts: 7,015
so many things point to a higher high, but this sure is an interesting area right in here:

Click image for original size
screen shot 2014 05 01 at 1 11 18 pm png
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jimkane
Rep: 3,058
Posts: 33,089
Watch for a wicked bounce any second...
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jimkane
Rep: 3,058
Posts: 33,089
If not, we 'should' see a swoooooooosh.
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jimkane
Rep: 3,058
Posts: 33,089
Watch the 1-min 1.272 here. It's time.
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jimkane
Rep: 3,058
Posts: 33,089
The behavior alone shows how important this area is...
RA
rat89
Rep: 0
Posts: 7,015
yup

Originally posted by jimkane

Watch the 1-min 1.272 here. It's time.
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jimkane
Rep: 3,058
Posts: 33,089
Drop, you oinker, just go ahead and do it. Gimme my swooooooooooosh.
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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.