After a day like today, what does the midnight rally crowd expect? Are we going higher, or do we get a PB?
Markets almost exactly where I left it a few hrs. ago. On the short term chts. this seems to be developing a nice long base. Usually that's...
Logic says you're right. And I'm waiting for it. I've got to run out for a couple of hours. I'll probably miss it.
Right now it looks like we may get another bounce off of the 20EMA
Then we should be selling now. By the way I do agree with your rule of 10 depending of course upon the strength of the market at that point.
Right now I would love for it to PB a couple of pts. or at least consolidate at this pt.
I've gotto run. Have a good weekend everyone. Talk to you on Mon. 4RE: I haven't read his book, but would be interested in what he's saying...
K.I.S.S. I'm sure you know what that means. Which MA in which TF may be a bit subjective. Using today as an example for short term trading. If...
What it all boils down to is, what your comfortable using. In this business there is no right or wrong. It's what works for you. Unlike...
I also use chart patterns, primarliy pivot points, which I find, depending upon the TF will bounce off one of the MA's. Using today as an...
Thanks for clearing that up. Yes I agree. To me it acts as a guide. Depending upon the power of the move, it will either hold temporarily,...
I don't quite follow you romik. I use them as a guide but I don't depend upon them. What I'm not clear on is your statement. If I were...
It's been a good and interesting week. Closed out with a final 2.5 pts. out at 1244.5. We're sitting on a support here, so the million...
Thanks. I have no idea what was going wrong. I did this the same way as the others that I tried.
Lets see if this attachment comes up.
I don't expect the mkt to turn dn., but I do expect a PB to at least 1257, which would be to the 50EMA on the 15 mn. I just picked up a couple of...
Had to be out since my last post, but looks like I didn't miss very much. Although it doesn't matter to me which way the ES moves, after a run...
Having touble attaching chart. Don't know why, but can't attach chart. I've got to go now. Will try later.
Was able to pick up a quik 2 pts. Watching to get in again for more. Waiting to see what the mkt thinks of Bernanke. The divergence that I...
It's been a nice run this morn. Now it's time for a PB. CCI is diverging on shorter TF's and at 400 - 600 on longer TF's. There has to be at...
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