Starting it off.

And notice on 4/18 when there was a similar ramping explosion it just kept going. In this machine age a lot of these moves are indicators that it is going to be rising for some time. Going against them can be challenging. It is usually best, in my experience, to wait for good confirmation. 'The Player', he's just on a whole 'nother level, but he's fun to watch. (See the terminology page for a quick description of 'The Player'.)

Yes, I understand what you are saying and I do have the terminology page (which I am always referencing). I can see the obvious area on 4/18 and I do have a set built which price is at upper ML // now.

Originally posted by jimkane

And notice on 4/18 when there was a similar ramping explosion it just kept going. In this machine age a lot of these moves are indicators that it is going to be rising for some time. Going against them can be challenging. It is usually best, in my experience, to wait for good confirmation. 'The Player', he's just on a whole 'nother level, but he's fun to watch. (See the terminology page for a quick description of 'The Player'.)

'The Player' is taking heat. Will he be forced to cover for the first time since we have been watching him?

90.25 so far.

Again.

Originally posted by MarcinO

DB scenario again? That would be a bit boring.

Originally posted by MarcinO

They want to test 30s, I guess.

90.50 now hit.

That is pretty crazy.

Originally posted by MarcinO

Again.

Originally posted by MarcinO

DB scenario again? That would be a bit boring.

Originally posted by MarcinO

They want to test 30s, I guess.

Yes. And Pound is shaping reverse H&S on M30 TF,

So, what does the standard methodology say on all this ('The Player' notwithstanding)? Okay, we all saw the long setup on the open there. So, still long on a partial. No short yet because there has been no confirmation yet as the area is hit. Average skilled traders will likely not try anything short here, or only as a possible second entry once it gets going, and only if a change of character is obviously perceived. The highly skilled nimble trader I always talk about may try a short with the first confirmation. Timing factor is saying this is close. It may not happen, though. That's what entry confirmation is for.

It's now up 20+. Recall the magic of 20+, 30+, 40+ and so on. It's almost all made back, as I was sure last night it would be. The timing factor is coming in. It couldn't be better. That doesn't say it will play out, only that everything is in place in case they do it. Oh, and the ES just went green on the day.

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