es 827 area don't trust this rally although may go much higher but today's low must be taken out too.
New low of 817 set which will again be taken out presently 826 and also caution magnet at 846 area. So 2 to 4 points profit taking advised since there's going to be many wild swings.
Lets see if we can't get some perspective in this thread. It is a given that you are trading a SIM account...fair enough..that in itself will attract detractors, but be that as it may.... First lets go back to the other thread "771 low..." on the last page (1/12) you indicated that there was a 15 pointer ...Buy 869 to 885 as it " needs to be revisited" with usual caveat that DD is of a concern. You did not provide any targets to 885...and, for all intents and purposes, that is still a "live" trade. What are the targets and were any hit? In this thread you have provided targets for a 848.5 to 813 movement...so far , so good. You have also indicated "potential trades" from these supposed lows (targets), but provide no details. It seems that this model you have described as "working with waves" has some merit on the surface but you have not really provided any substantive details to what it is you are attempting to illustrate other than providing a series of numbers, which have to mean something to you ,to which we have no insight as to what they may represent. Given that you have provided some indication of using at least a minimum of 6 contracts for any one move and supported by a MM technique...have you been able to determine what the necessary capital base should be, if it is possible to trade it live? There are traders and others that are interested in what you are trying to say, but you also have to understand there are those that suffer from a certain traders' neurosis and will find fault no matter what you are going to contribute. A suggestion , leave out the "perfectionist" attitude, stick to the subject and provide some meat to your model and you will be in good standing with a lot of reasonable people that read these threads, but not necessarily make contributions. It is obvious you have something to contribute and more power to you.... I know I am going to get flamed for writing this, but hey, what the hell.... ...it's Friday...
Great post Now is Now, right on target and very well written, with not a flame in site. On top of the numbers you've mentioned, he's stated at least three or four other price levels (827, 823, 817, 825 - not necessarily in that order, LOL). I mean, come on man, when you're pulling all these numbers outta your ass, you're bound to right... again and again. It is obvious to all concerned that I see no value in this thread, so I'll leave it to you more reasonable folks who do. Have a great weekend. Bye
MM's (Market Maker or Manipulators) will be kicking ass today between 12 to 2 pm. I'll hit the sidelines, recommended.