Starting it off.
I hope to be more active this week.
JI
jimkane
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Good to hear, Marcin. I expect another spectacular week for trading possibilities.
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jimkane
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The ES was kind enough to give a little dip there for those that missed the buy on the open. It's such a nice little ES, now isn't it?
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jimkane
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Crude's now at the second key area and 'seeing' it. Recall I saw the bounce coming last time, and it reacted off the very first area on the way up, setting it up for the move to the next key area. This one is interesting because if it doesn't bounce up fairly hard here I'd think it would get toasted pretty harshly. By harshly, though, I'm thinking perhaps 93, nothing monumental. They did manage to get it below the obvious TL (based on eSignal #F contract), but other data vendors may not show the same thing, so I can't say if this is a great fake out spot, or not. But, at least as far as my charts go, it's set up nicely to rise now.
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jimkane
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Got up to use the restroom and checked on the long, it's looking quite nice now. Quite nice. I'd still expect some better prices stuff in the AM, but it may just blast off. Right now I'm thinking it goes as far as it goes, then if it starts to come in, first play would be over, then find the setup area for the better prices play. If it keeps running, muy bien. Right now this thing is only 8.50 points from the all-time high. Unreal.
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jimkane
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No posts at all today. Nothing like having a forum in one of the biggest bull markets in history where you can count the members on one hand even after having a major power tool accident...
Anyway, everything worked out exactly as I expected, no better prices, just up, up, and away, 21 points off the low in a smooth trend, 19.75 in the 'W3'. We should all recognize that amount, the famous 20+ points. I could see this one coming from miles away.
Anyway, everything worked out exactly as I expected, no better prices, just up, up, and away, 21 points off the low in a smooth trend, 19.75 in the 'W3'. We should all recognize that amount, the famous 20+ points. I could see this one coming from miles away.
JI
jimkane
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Wow, the only ones to even check the forum today were Marcin and the one guy who follows along. No rat, no Al, nada. Ouch.
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jimkane
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The curious part, for someone who likes to watch every tick even on dull days and is totally bored now for hours on end, is if they now gun it up, or just let it keep trickling down.
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jimkane
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Another day where I rate the trading potential off the scale. Right off the area yesterday and basically straight up 31.75 points. Who could ask for more than that... Some day we'll look back and remember how wonderful the trading action was. For now, I just want to appreciate how incredible all this manipulation is, from a trading perspective. Again, all just my viewpoint.