I'll kick it off.

Marcin pretty much nailed the area with his first level, as the HOD was 06. Then it went down a measly 41 points. I simply can't get over this level of movement. Not since the crisis do I recall this much of a range expansion. It's a trader's nirvana, in my opinion. Holy cow.

As an aside, my area for that bounce was 4.50-7.00. If you do the work and persist, you should find out why. By my tools, it was a 'dead hit'. I should have posted it in advance so I can do another 'This is amazing' dance, but lately my motivation for posting has waned a little. That, and the action has picked up so much I'm more interested in what I'm doing that in posting things. In my opinion, almost every minute of the day and night has been tradeable lately.

That's what I discovered afterwards. Key lines were there and definitely thay didn't want to break a key priceflow there, which was confirmed later during the day.

Originally posted by jimkane

As an aside, my area for that bounce was 4.50-7.00. If you do the work and persist, you should find out why. By my tools, it was a 'dead hit'. I should have posted it in advance so I can do another 'This is amazing' dance, but lately my motivation for posting has waned a little. That, and the action has picked up so much I'm more interested in what I'm doing that in posting things. In my opinion, almost every minute of the day and night has been tradeable lately.

Yes, the key priceflow was 99% of what had me looking at that spot for the other components. Good job.

And the structure of correction was splendid. Sweep in both directions before the reversal was also a classic one.

Boy, I'm liking the sound of what you saw. Nice.


I've posted this in here before. From the TV series 'Kung Fu':

Master Kan: Quickly as you can, snatch the pebble from my hand.

[Young Caine tries to do so and fails]

Master Kan: When you can take the pebble from my hand, it will be time for you to leave.

And while I'm on a Kung Fu roll, here's one that reminds me of the mayhem and destruction that is about to befall us once again in our world. We never learn, it's human nature for the vast majority to follow, no matter even if that's over a cliff.


Caine: Is it good to seek the past, Master Po? Does it not rob the present?

Master Po: If a man dwells on the past, then he robs the present. But if a man ignores the past, he may rob the future. The seeds of our destiny are nurtured by the roots of our past.

Well, I don't think there will be a time for me to leave in the forseeable future.
And I'm not going to seek any other place to learn either.

Originally posted by jimkane

Boy, I'm liking the sound of what you saw. Nice.


I've posted this in here before. From the TV series 'Kung Fu':

Master Kan: Quickly as you can, snatch the pebble from my hand.

[Young Caine tries to do so and fails]

Master Kan: When you can take the pebble from my hand, it will be time for you to leave.

Well, that's good to hear. We are such a small crew, I'll rue the day I post 'And then there were none...'

Nah... And even if it did happen, the ES down 400 points from here, whoop-de-do. It's still up like 125% off the lows. Wow, and that's after an '87 style crash?





Source: http://www.zerohedge.com/news/2014-10-17/happy-27th-anniversary-black-monday