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Duane
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Since Jim is likely to have trouble typing after having landscaped cement all weekend, I will get things started.
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MarcinO
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Posts: 5,506
It's fascinating now, They are posponing the decision in the Pounf till 4:30 probably, and for now on stay in 10 pips range between two areas.
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MarcinO
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Those stops above, in the Pound, can't simply wait to be hit. Come on!

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6b 2014 08 26 2 png
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rat89
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screen shot 2014 08 26 at 11 59 57 am png

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screen shot 2014 08 26 at 12 01 40 pm png

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screen shot 2014 08 26 at 12 11 27 pm png
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MarcinO
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I think I found it. This one is much smaller than the one I showed, if I'm right.


Originally posted by jimkane

Hint: look on a 240-min, and think natural. Think about one of the key ways to use a natural set.
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Duane
Rep: 100
Posts: 1,095
Originally posted by jimkane

Took them awhile, but they got it open. And the futures are... drum roll... 'up'. 2000 is a stone's throw away, and if they don't hit it tonight, they will surely hit it tomorrow, I think. In fact, tomorrow should be a big up day, a 20+ point day from the Friday close, I'd expect. Long and never wrong. ES 3400 coming soon. Oh, well. It is what it is. The trading is phenomenal, in my opinion, so who's to complain. I'm always looking deeper, always thinking about the broader implications, and that's why I'm always so miserable, I guess... Working on what I love, in an environment that is just fantastic for doing it, and miserable. How'd that happen? I guess the answer is: Banksters happened...


LOL I fell of my chair!! come on Jim, enjoy the ride!! You will plenty of time to be miserable, but in the word of that mysterious chap from ROASO " Its a Bull market, isn't it?"
JI
jimkane
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Yeah, Duane, I guess I'm just genetically predisposed to being miserable.
Wait, that should be a frown, not a smiley.
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rat89
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screen shot 2014 08 26 at 4 34 57 pm png
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jimkane
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Nice charts, rat. Can't imagine it turning down at all, though...
JI
jimkane
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Posts: 33,089
Zero Hedge headline:

"S&P Closes Above 2000 For First Time On Lowest Volume Day Of Year"

Yep, it a big 'bull' market all right. Lots of broad participation, just like in 2000. Lots of TV stock market trading commercials, lots of weekly TV shows about trading (2000 had three just about trading!), dentists, doctors all trading between patients (and some during, as I witnessed first hand in 2000) and like plumbers, closing their practices/businesses to go 'full time' into trading, and on and on. No, wait, none of that is happening. Strangest 'bull' market that hits new all-time highs almost daily that I have ever seen, or ever even heard of. It reminds of some dialogue from the movie Tombstone. One guy says: "You ever seen anything like that?" and the other guy replies "Hell, I ain't never even heard of anything like that". Yep.
JI
jimkane
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JI
jimkane
Rep: 3,058
Posts: 33,089
That pop in cable towards the close was really something.