On Friday Pound stopped right on a monster level, so the move up might be done, at least for a while. However, it likes deep W4s testing W2 highs (in a downtrend), so one more impulse to 1.4260-70 won't be any surprise.
JI
jimkane
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The ES just might give it up on the cash close. That's not completely off the table. It would be soooooo cool.
JI
jimkane
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Posts: 33,089
Notice what the ES looked like on the sell down, on say the 1-min, and then once it hit the area. Hyper-fluctuating, bigger swings. The sell algos ran out, and then it was just dueling 'regular' algos.
JI
jimkane
Rep: 3,058
Posts: 33,089
Who was it that said my face must be just about cracking from my ear to ear grin? Marcin? rat? Yeah, I'm getting face cramps about now.
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, so I wasn't sure how I'd read this thing today. I'm a bit preoccupied. Overall, though, I'd say I read it about as good as I ever have. No bragging, but I was 'all over it' today. Crazy all over it. The tools were just right there. Again, no bragging, I'm still just blowing off steam awaiting a response to that post, so I'll say: same old, same old for us in here, day after day. Nothing special.
JI
jimkane
Rep: 3,058
Posts: 33,089
Us four are the only ones to post on the entirety of MyPivots in seven days. And there are over twelve-thousand members. I'd say retail is dead? Remember into the bubble top in 2000? Three TV shows on trading, endless commercials about teenagers with helicopters and people with private islands, my doctor, plumber, and so on all quit their jobs to become 'full-time traders', and on and on. Where's that now? Last I looked there were over twenty home shows on TV about flipping houses. It might actually be closer to thirty. Interesting, huh? Yeah, that's a healthy real estate market with almost thirty shows about flipping houses...
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, I'm done. What a day. I need to cut back a little, so maybe tomorrow I'll only post for an hour or two. I'm going to try, anyway...
JA
JaLee
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Posts: 103
That was great, lots to look at and review again. FYI, the auto-reply feature works well, it just changes color when new posts come in.
JA
JaLee
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Posts: 103
It's been a wonderful week for me. I want to thank everybody for their comments and charts and I'm really happy to be included here. This is a breath of fresh air to be with a group like this. Thanks to all for putting up with my "newbie" questions and learning process. Hopefully I can climb the learning curve and be up on the slope where you all are! Everybody have a great weekend and will see you on Monday!

