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MarcinO
Rep: 67
Posts: 5,506
W2 ABCD with TL backtest?

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es 2015 01 11 png
JI
jimkane
Rep: 3,058
Posts: 33,089
Insane day. I think we will be seeing lot, lot more insane days coming, as things start to unravel. Now, as it was in '08/early '09, is just crazy with big swings. Even slow chop now has 10-15 point swings. I recall a day in the big meltdown where the 1-min swings were up to 20, even 40 point swings (if I recall correctly). You needed around a 10 point stop to play even the very shortest timeframe plays. I can see that just around the corner. I mean, a 25% currency move in a few minutes?
RA
rat89
Rep: 0
Posts: 7,015
it was an awesome day.....loved every minute of it ;)
JI
jimkane
Rep: 3,058
Posts: 33,089
Looks like a new low for the entire move is coming any second now.
JI
jimkane
Rep: 3,058
Posts: 33,089
And there is it!
JI
jimkane
Rep: 3,058
Posts: 33,089
That's what I'm talkin' about!
JI
jimkane
Rep: 3,058
Posts: 33,089
This is the next step in a very, very bad direction. If they 'outlaw' encryption, as they have in Russia for the common man, how will I protect my proprietary business data? My client list? How will I secure my data in the event my laptop is grabbed at an airport? How will I send proprietary company data to my clients, stuff that is protected under confidentiality agreements i.e my business equivalent of the formula for Coke? And how about paying bills online? No SSL anymore, just transmit it over the Internet, open for all to see. To me, taking away all private encryption is like taking away people's guns (which is coming, I guarantee that). They will take away all our freedoms, until we are 100% enslaved, mark my words. We are almost there now, we just don't realize it, and most can't accept it, so they simply deny it. What is happening is so bad, I just have no words for it...

http://www.zerohedge.com/news/2015-01-15/british-government-wants-outlaw-secure-communication-keep-you-safe
RA
rat89
Rep: 0
Posts: 7,015
if we get lucky tomorrow we'll get something like this:

Click image for original size
screen shot 2015 01 15 at 7 23 11 pm png
JI
jimkane
Rep: 3,058
Posts: 33,089
In my opinion everyone in here should be reading every post by Armstrong as one of their sources. They are short posts, and not too many, easy for someone to keep with up every day. Hell is coming for us, and we should, if nothing more, see it coming.

http://armstrongeconomics.com/armstrong_economics_blog/
JI
jimkane
Rep: 3,058
Posts: 33,089
Oh, I expect we will, indeed.

Originally posted by rat89

if we get lucky tomorrow we'll get something like this:

Click image for original size
screen shot 2015 01 15 at 7 23 11 pm png

JI
jimkane
Rep: 3,058
Posts: 33,089
H&S bottom on the ES on a 5/15-min, and it's looking strong. The start of something bigger?
JI
jimkane
Rep: 3,058
Posts: 33,089
Up 44 points from the low last night, by my data. The size of the moves is just blowing me away. I love it unimaginably, but I can't get over it, just like I couldn't back in '08/'09.