It's CIT, not Citi. They are two different banks.
That's exactly the same observation I was going to make. The weekly bearish hammer seems to provide a range for a possible top yet it triggers...
ES would need to drop back below 1082 for a serious selloff to occur...right now bulls are in control.
I just read FB123's comments and his first post sums it up well for me. Very insightful indeed.
Vespasian I am really sorry to hear about your decision because even if I don't know you personally, I am pretty sure that as a trader myself I...
NQ bearishness is making it difficult to trade inside this big accumulation area. I'd like to see NQ test 1724.25 before looking for longs.
I pretty much consider all the above mistakes a KILLER for any trader. I wouldn't pick one as the worst. They are all the worst.
Pekelo Why do you still feel the pattern has triggered even if it didn't meet your rules? I know you have lots of experience with this...
I am not sure about that because we no longer have a DT, so a drop off current levels may not be a textbook dragon pattern. I've only been...
Very well done sticking to your analysis for so many months without changing a tiny bit of it. Do you feel we are gonna see a major correction...
Hi Pek Another observation about this pattern: it looks like the swing from 1st bottom to Height is much larger than the swing from Height...
Hi Pek First of all, good job! You did discover something very valuable and recurrent, so my hat goes off to you. I have one question about...
Am I having bad data or did the DAX and EUROSTOXX 50 just take a nose dive 10mins ago? Dax dropped like 60pts in 2mins.
feels like this downmove is being bought into. the low volatility makes it hard to judge the health of this downmove.
Great post.
Thanks for the reply. Number of contracts does matter in your equation. Here is an example: Let's say ES had a daily range of 20pts....
One question: are the percentages calculated on a 1-contract basis? If yes, taking over 90% of daily range on a 1-contract basis is a hell of a...
Looks like its going to be fully retraced...what worries me is NQ, which has been very bearish the last couple of days. We need NQ to join the...
If you want to become a daytrader, it's impossible to know when it's time to quit your job simply because you can't learn how to daytrade...
Why do you guys call them trannies? Who came up with this "label"?
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