Well, I certainly hope so. You saw me at work in that bar in Nawlins? But this is serious shit. I am desperately waiting for Jack to take me beyond two bars. I have already been to two tonight. Did you notice how his admonition to watch the volume on the second bar as it got hard and soft was accompanied by NO algorithmic information? It was very much like the line of bullshit slung to Candy in Terry Southern's 60's novel of the same name: "I have perfect self control. I will this tiny drop of semen to form on the head of my dick." Give me a RULE, Jack, and I will admit that you RULE.
Luckily I found out the name by myself. It's called Matryoshka. http://www.elitetrader.com/vb/showthread.php?s=&postid=753704#post753704
Mon Cher Jean Marchand, Friendly advise: don't again misplace your name list. Keep it in a safe place Be good, nononsense
matter of fact, ET has only one real member. John Merchant. Everyone else is really an alias. Must have something to do with increasing his probability of laying festively-plumb chicks!
Today's market is looking similar to yesterday's. Again I have posted a chart with a trend line, however I would not have used it myself. I would have simply eyeballed the trend. Market is looking strong to me. I am long currently, but I will need to see some confirmation (price). I have attached a chart. Comparing today with yesterdays you may see what I am point out. Good luck. Lefty Edit: OK then it is about 10 minutes later and we have a spike up on good volume. I bought the first retracement. Hope everyone is catching this one. For this to work out we have to have a little congestion and then a move through 1196.75 resistance.
OK Grob109. I absolutely do not intend nor wish to inexcusably screw up this communication channel. I had severely limited access abroad and have just caught up on all your posts here. Here is what I have acknowledged. ... Acknowledged. On the table... Price limited as a result of V' change (ie either incr. to decr. or decr. to incr.) Channels bounded by the V' switch... 2 bars... Please inform me of that which I have screwed up and/or have failed to correctly acknowledge. Kindest Regards Not a Response...
OK then, we have about a half hour to go. I am looking at the high of the 2:20 EST bar (5 min bar). If price takes out that bar, I am going to add 10 contracts and wait for the end of session. I think we may have a rally into tomorrows market. Below 1196 I will be out. By the way if you look at the trendline I drew on the previous chart, and extend it (I will post another chart) you can see a nice regression process that seems to be in place from early morning to end of session.. Buying the extremes would have been profitable Edit: I am out here at 1196. So it goes.