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A stronger resistance is between 32 and 44, I guess.
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But before that, I would suppose a correction to low 70s.
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MA
MarcinO
Rep: 67
Posts: 5,506
The ES stopped at 2007 doing a great job hitting stop loss orders.
A stronger resistance is between 32 and 44, I guess.
But before that, I would suppose a correction to low 70s.
A stronger resistance is between 32 and 44, I guess.
But before that, I would suppose a correction to low 70s.
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, they came back in after the ABCD retest of the backtest was hit. Phew. But, is this going to sustain, the question I always ask, or just roll back down now? Give it to me, baby.
JI
jimkane
Rep: 3,058
Posts: 33,089
It would be cool if we could do this side by side for a few days. How I wish you were here...
Originally posted by MarcinO
Exactly, it's like learning to fly.
Originally posted by jimkane
Come in here, dear boy... But when it comes to trading, I always say there's no sensation to compare with this, suspended animation, a state of bliss...
Originally posted by MarcinO
Once you manage to catch such move you can have a cigar.
Originally posted by jimkane
Welcome my son, welcome to the machine... Pink Floyd (obviously).
Originally posted by MarcinO
Right. Just look at Pound 1-minute TF. 40 pips up in one move without warning.
Originally posted by jimkane
I am thinking any long side must come with some pretty decent confirmation because this just can't seem to show any signs of anything but weakness. My experience, in the machine age, is that the machines just get the command, and it explodes, no signals at all as far as you can feel it building up. I am waiting for that in here, but suspect, as is frequently the case, they will just come out of nowhere when ready. I am wondering, though, if I'm just totally off on this. It sure does look ready to drop any second...
JI
jimkane
Rep: 3,058
Posts: 33,089
Honestly, so far today this is really crap action. Yesterday was sensational. Today, not so much, so far...
MA
MarcinO
Rep: 67
Posts: 5,506
Maybe some day. These are high hopes of course but that is what attracts people to trading.
Originally posted by jimkane
It would be cool if we could do this side by side for a few days. How I wish you were here...
Originally posted by MarcinO
Exactly, it's like learning to fly.
Originally posted by jimkane
Come in here, dear boy... But when it comes to trading, I always say there's no sensation to compare with this, suspended animation, a state of bliss...
Originally posted by MarcinO
Once you manage to catch such move you can have a cigar.
Originally posted by jimkane
Welcome my son, welcome to the machine... Pink Floyd (obviously).
Originally posted by MarcinO
Right. Just look at Pound 1-minute TF. 40 pips up in one move without warning.
Originally posted by jimkane
I am thinking any long side must come with some pretty decent confirmation because this just can't seem to show any signs of anything but weakness. My experience, in the machine age, is that the machines just get the command, and it explodes, no signals at all as far as you can feel it building up. I am waiting for that in here, but suspect, as is frequently the case, they will just come out of nowhere when ready. I am wondering, though, if I'm just totally off on this. It sure does look ready to drop any second...
MA
MarcinO
Rep: 67
Posts: 5,506
ES looks like the Pound this morning. Many opportunities to lose money on very short term trading.
