JI
jimkane
Rep: 3,058
Posts: 33,089
In other words, follow the plan. And in my methodology, at the advanced levels, that means reading everything it does, assessing that, and micro-adjusting the ongoing assessment based on the new information, which flows in continuously. Read, assess, and adjust. There are so many clues out there it's just crazy. The setup is only 10%-20% of the plan, if that.
RA
rat89
Rep: 0
Posts: 7,015
there they go.....fake out??
Originally posted by jimkane
Yep.
Originally posted by rat89
sure looks like spx down, uso down, gdx up....but what an unlikely moment for that, eh?
JI
jimkane
Rep: 3,058
Posts: 33,089
That is the way of the world we live in...
Originally posted by rat89
there they go.....fake out??
Originally posted by jimkane
Yep.
Originally posted by rat89
sure looks like spx down, uso down, gdx up....but what an unlikely moment for that, eh?
JI
jimkane
Rep: 3,058
Posts: 33,089
Nope, the market isn't manipulated. Nope, it's all about fundamentals. Looks like time for some more phunny munny printing.

Source: http://www.zerohedge.com/news/2016-04-14/they-have-decided-we-cant-handle-truth

Source: http://www.zerohedge.com/news/2016-04-14/they-have-decided-we-cant-handle-truth
MA
MarcinO
Rep: 67
Posts: 5,506
Right. I'm like a zombie these days, not sleeping too much.
Maybe tomorrow will be better.
Maybe tomorrow will be better.
Originally posted by jimkane
I figured you were taking the pipe over there, given no overnight posts in here at all...
Originally posted by MarcinO
One of the worst weeks this year...
Originally posted by jimkane
Uh-oh, no Marcin posts, he must be slammed again. Crew of one today?
MA
MarcinO
Rep: 67
Posts: 5,506
That is one of the most enlighting posts ever, not bringing down any 'technical' posts by Jim.
I went through 'Trading in the zone' once again a few weeks ago, and that is exactly what this book is about.
Keep your mind open, carefree and go with the flow.
I went through 'Trading in the zone' once again a few weeks ago, and that is exactly what this book is about.
Keep your mind open, carefree and go with the flow.
Originally posted by jimkane
Time for a Jim-ism. Time to impart some wisdom.
The Matrix-
Candidate: Do not try and bend the spoon. That's impossible. Instead only try to realize the truth.
Neo: What truth?
Candidate: There is no spoon.
Neo: There is no spoon?
Candidate: Then you'll see that it is not the spoon that bends, it is only yourself.
Jim-
Jim: Do not try control the market. That's impossible. Instead only try to realize the truth.
Student: What truth?
Jim: You can't control the market.
Student: You can't control the market?
Jim: Then you'll see that it is not the market you can control, it is only yourself.
JA
JaLee
Rep: 0
Posts: 103
Wow...that was awesome to learn from! I appreciate the commentary and can't imagine not being involved here. I look forward to tomorrow.
JI
jimkane
Rep: 3,058
Posts: 33,089
Glad you liked it. I don't post bell to bell every day, but lately I've been pretty active.
JI
jimkane
Rep: 3,058
Posts: 33,089
You're welcome. I hope you can follow at least some of it. I know it's tough at first.
Originally posted by JaLee
Thanks Jim. I'm glad it's the weekend so I can study this and review your previous comments. Have a nice weekend. No golfing...(it's not relaxing, just a good walk spoiled as they say!)