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JI
jimkane
Rep: 3,058
Posts: 33,089
This could be classic in here, in that they hit the area, or even just take it under a little like here, then they come in. It's the last part of a Friday session, you never know.
JI
jimkane
Rep: 3,058
Posts: 33,089
One tick under, and done? That machine game? Are you serious? That would be so blatant, but typical. No rule of law at all anymore.
JI
jimkane
Rep: 3,058
Posts: 33,089
So, they got the higher timeframe TL and the low by a tick. That may have been all the machines wanted. The methodology, and I sound like a broken record, would be some off, some riding. If one has a big conviction of more downside coming into the close then it's all still on. Here's the spot right here at 48.75 to see if it needs a bigger correction, or may be done.
JI
jimkane
Rep: 3,058
Posts: 33,089
And that's a long trigger if one thought this was going to be a tradeable bounce.
JI
jimkane
Rep: 3,058
Posts: 33,089
Been doing this for a loooooooooooooooooooooooooong time...
Originally posted by jimkane
And that's a long trigger if one thought this was going to be a tradeable bounce.
JI
jimkane
Rep: 3,058
Posts: 33,089
Once you see what they do, how this is done, it's gets 'easy' to just watch them move from area to area. No claims, just an opinion.
JI
jimkane
Rep: 3,058
Posts: 33,089
It sure would be sweet if the failed at this bounce attempt and opened the door to getting monkey-hammered for the rest of the session. Give it to me, baby.
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
