JI
jimkane
Rep: 3,058
Posts: 33,089
2003.50, and about 45 minutes from the European open. Exciting stuff.
JI
jimkane
Rep: 3,058
Posts: 33,089
The really curious part is that 6.25 all-time high is just calling to this. Even though this is a nice area coming up in here, how could it get this close and not get that high...
JI
jimkane
Rep: 3,058
Posts: 33,089
2004.25... Deep in the area. I still can't imagine they don't get the high.
JI
jimkane
Rep: 3,058
Posts: 33,089
It's amazing how it 'sees' this area. May not stop it, but it sure is aware of it.
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, are they coming in for it now? New all-time highs coming? I'm waiting...
JI
jimkane
Rep: 3,058
Posts: 33,089
Bathroom stop. They did what I expected, gunned the stops, and took out the all-time highs (by a good margin). It's been awhile since I've seen over 10K contracts on the 1-min chart in the overnight with no news or crisis. Love that trailing stops concept and the idea of 'management mode', which should have made it an easy ride off the 92.75 low to the new high there. EZ-PZ, in my opinion. Like I said, this thing is an ATM. Just look for the long areas, and play the legs. When it looks like it's correcting, I'd be inclined to do countertrend, but 'the plan' I mentioned could have one just waiting until it's long time again. Lather, rinse, repeat, ad infinitum. I'd love to stay up, but it's back to bed for me. Got to be fresh in case they bring it in a bit for better prices before the open for another long setup.
