Registered: Mar 2006
Posts: 588

Nice Steve.....and thanks for sharing that information.

I'm actually on PST, but I set the computer to EST.

Here's the picture......

1st cross signal 05062009.jpg
This has been downloaded 577 time(s).

Registered: Feb 2009
Posts: 300

Yep, here's my chart

Traders can notice how price tested the overnight high (912) and R2 (911.75) in close proximty. Lot of confluence and plenty of reasons to look for shorts in this area.

and for those who like a little background, if you looked at the intraday volume (ES contract) and OI (open interest) on the exchange site (read the daily bulletin) you would see that both volume and OI had dried up yesterday (Tuesday). This usually means that smart money is getting ready to position themselves short (either to start a counter move or to take profits).

snapshot-3.png
This has been downloaded 454 time(s).

Registered: Feb 2004
Posts: 2403

Hey guys, I found a recorded 30 minute workshop MP3 file with a corresponding PDF by LBR. The workshop covered First Cross and several other setups.

Workshop page

She has a slight NJ/NY accent LOL.

Registered: Mar 2006
Posts: 588

Thanks Steve...this is golden.

I love the analogy that Dick Arms told her.

To paraphrase:

"Give someone 1 watch and they can tell you what time it is. Give someone 2 or 3 watches and they're not sure what time it is"

Registered: Feb 2009
Posts: 300

Thanks Stevegee

I know its not fashionable to say so, but I like Linda. I was in her room years ago (more years than I'd like to admit) and she was very generous with her time and comments. Smart lady and a good professional.

Best of luck

Registered: Feb 2004
Posts: 2403

I've read many of her articles and the "Street Smarts" book. I always felt she was a good explainer and a plain talker.

No matter who you say you read or listen to, there's always someone who will say you're an idiot. Just goes with the territory around here.

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