JI
jimkane
Rep: 3,058
Posts: 33,089
77.75...
Originally posted by jimkane
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.
JI
jimkane
Rep: 3,058
Posts: 33,089
Too bad I didn't do my 'Give it to me, baby', because they gave it to me, baby.
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jimkane
Rep: 3,058
Posts: 33,089
The big expansion bars were because there were so many swing lows to the left that it took out. Quite the range. Now we see if they plan to do anything besides just play games with stops until the announcement.
JA
JaLee
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Posts: 103
No, not at all. I have seen my fair share of manipulators and deceivers and ironically, it is usually the ones that are followed the most and who are always trying to get the light to shine on them.
Originally posted by jimkane
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...
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jimkane
Rep: 3,058
Posts: 33,089
Now, as we all know with my levels I generally only post one direction at a time. None of this 'If it goes up... and if it goes down...' stuff. I want to post a lower level here with a caveat that I am not thinking it is necessarily headed there. It is a cool confluence, so I want to post it so people can work the area up. 62-64 is really interesting.
JA
JaLee
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Posts: 103
Thanks.
Originally posted by jimkane
Now, as we all know with my levels I generally only post one direction at a time. None of this 'If it goes up... and if it goes down...' stuff. I want to post a lower level here with a caveat that I am not thinking it is necessarily headed there. It is a cool confluence, so I want to post it so people can work the area up. 62-64 is really interesting.
JI
jimkane
Rep: 3,058
Posts: 33,089
Price flow deeply tested, higher timeframe obvious TL violated, now we see. It looks like it's just a tad too much, so if this wasn't Fed day, I'd think backtest, roll, and then who knows, maybe it does head to the 62-64 area. But it is Fed day.
JI
jimkane
Rep: 3,058
Posts: 33,089
That short play with a trigger at 85.00 did turn out quite nice. I didn't post that in advance as a setup. It was the same old 'if you are a very skilled trader who is very nimble and jumpy, this one is on the table...' shtick that has basically the same characteristics every time we see it.
MA
MarcinO
Rep: 67
Posts: 5,506
Cable is changing character. I cant believe they want to play the same 'very deep retracement' game again.
A drop to 1.4490 might be a play.
A drop to 1.4490 might be a play.
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
http://www.mypivots.com/board/topic/8616/-1/charts-from-4-29-16