Agreed, a pull-back after 1400 pips would be expected :) Edit: Plus, the move looks corrective so far. We will see.
Wonder if the EUR/USD can break the brick wall at 1.31...
Even when intra-day trading it is important to consider the bigger picture too and it's the end of the month so it's a good time to access. I...
That will be pretty much the SMA 50 and 50% of last weeks range...think you may get it :)
NQ is pretty close to testing the upper boundary of the gap, closing it would break the up trend and probably drag ES with it. Either way a...
Big open gaps below for magnets....May at least test the upper boundary at ES 1080 and NQ 1840.
The IHS on the SPX, which has a lofty target zone, has a downward sloping neckline which has me a little dubious of it's validity. We will see.
Good support confluence at 1040 being a fib level and the breakout level but if that does not hold then we could be at 960-980 pretty quickly.
Hey Vol, For short-term momemtum and OB/OS conditions I'll watch at the 8/20 on the 15-min, just curious what time frame you watch the 9/18?...
Like most here, I trade one day at a time but here is tidbits of Prechter's long-term EWT/cycle based bearish scenario from April for anyone...
For some, when learning, trading small scale with 20 bucks on the line is more effective than sim trading. If you think that an inexperienced...
Yep. I don't post alot but I follow regularly and I appreciate the genuine posters here. I can't think how anyone who actually trades or...
Agreed, definately fighting the trend. Target not huge - perhaps pivot for now.
Anyone trading the 240 min reversal bar on EURUSD - Short at 1.4830 with stop around 1.4920.
I'm with you on this one but my stop is a little wider around 1.4650.
Real money, sim money, charts, no charts...I don't care I'm TOTALLY JACKED UP for this thread.... I'm just kidding around, good luck increasenow :)
I like the market commentary of Kevin Haggerty (I may be alone). His opinion is there is an 80/20 chance market revisits 940-950 before 1100...
System reversing, waiting until Monday to get short, closed at scratch. Great long weekend to all.
For what its worth I got a short signal at the same time, short NQ from 1636, stop above 1650.
Food for thought - I find the NYSE bullish percent index fairly indicative of counter trend moves when at extreme values. Currently forming...
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