MyPivots
MA
MarcinO
Rep: 67
Posts: 5,506
Starting it off.
JI
jimkane
Rep: 3,058
Posts: 33,089
A lot of times on Fed day reading the HOD or LOD early isn't possible because those days swing past both after the announcement.
RA
rat89
Rep: 0
Posts: 7,015
Click image for original size
screen shot 2016 04 27 at 9 56 08 am png
RA
rat89
Rep: 0
Posts: 7,015
Click image for original size
screen shot 2016 04 27 at 10 02 57 am png
JI
jimkane
Rep: 3,058
Posts: 33,089
A good study case here is a short with an entry trigger at 85.00. Imagine you did that, now how would you manage. Of course it's not anything I did, this is a hypothetical. Of course. Note the overhead TL pierce after a blast off into it.
JI
jimkane
Rep: 3,058
Posts: 33,089
106? After a bounce and roll?


Originally posted by rat89

Click image for original size
screen shot 2016 04 27 at 10 02 57 am png

JI
jimkane
Rep: 3,058
Posts: 33,089
If I did a short like that I'd be looking at that low at 79.75. A sweep would be nice. A sweep back to price flow would be 77.50-78.75ish. But the GZ is in here at 81, so it may just be game time until the Fed. I'm hoping for a little more downside.
JA
JaLee
Rep: 0
Posts: 103
Hi Everybody! I'm back again... it's nice I was actually missed : ) I had unexpected events happen yesterday afternoon that took my time until late last night. I hate it when that happens and takes me away from learning this! You definitely didn't scare me away. Whatever has happened in the past that you are discussing doesn't change my opinion of the quality of group this is. Pleased to be here!

Originally posted by jimkane

I'm worried we lost JaLee... I'm not as motivated to do blow by blow since there are no other all day ES traders in here right now...
JI
jimkane
Rep: 3,058
Posts: 33,089
Sometimes in situations like this, with a labored grind down where you can see 'they' probably don't want it to go down, a blasting pop buy program will hit.
JI
jimkane
Rep: 3,058
Posts: 33,089
That's good to hear. It was just timed with dealing with that madman, and so I was concerned you were thinking you don't need that, see ya. It should be back to business now.


Originally posted by JaLee

Hi Everybody! I'm back again... it's nice I was actually missed : ) I had unexpected events happen yesterday afternoon that took my time until late last night. I hate it when that happens and takes me away from learning this! You definitely didn't scare me away. Whatever has happened in the past that you are discussing doesn't change my opinion of the quality of group this is. Pleased to be here!

Originally posted by jimkane

I'm worried we lost JaLee... I'm not as motivated to do blow by blow since there are no other all day ES traders in here right now...

JI
jimkane
Rep: 3,058
Posts: 33,089
Today will mostly be watching paint dry or grass grow, in the form of chop, until the Fed announcement at 14:00 PM. Sometimes there is some action, but most times, I think, not so much.
JI
jimkane
Rep: 3,058
Posts: 33,089
And here's the new topic. Everyone please go there and vote that up (if you think it is good). Also, I added a post to the above one thread, so make sure even if you voted before you go and vote up that one. I know there are more people reading this than four, so please, everyone, help me out. I need to make sure that they don't seem vulnerable to down voting and we get the positive vibes going. Thanks.

http://www.mypivots.com/board/topic/8616/-1/charts-from-4-29-16