K, a delayed pop. I can see it getting there when Asia opens, especially if China matches their PMI numbers.
Globex got me all pissed off just now. Algos up to their normal tricks. I’m normally all calm and collected. Must be the energy drink I just had. Blew my fuse and didn’t even lose money. Wife looked at me like I’m nuts. If I hadn’t been doing so well lately, I’d have been yelled at for the slop that came out of my mouth
You should explain to us what you mean by the "algos" and their "normal tricks." Cite an example, please.
The impending upmove in financials is now clear to nearly everyone. It's unmistakable in my front view mirror. I'm staying long.
5 min chart. 8:55-9:00 est. Get a push down fairy quickly. Ruins the pattern setup of the 15 min right at the very end of the bar closure (classic algo moves on globex). In fact if u scale down to the 1 min u see parked inventory right before that (range setup of around 10 or more bars that are all within their range and minimal price movement) parked inventory setups are classic for stop runs. After 9:00est u have the stop run and push back up (algo stuff). This was all obvious, and not hard trading but my long got stopped for +1 tick after almost hitting target. No big deal that’s trading. After stop run, it moved up so fast I couldn’t get a good entry. Then 2 kids screaming. I’m juiced up on energy drink. I get pissed. No damage to account. Up so far tonight.
Good thing you don't trade cows. You follow it all morning starting at 9:30AM ET, get weird pops here and there. 3.5 hours later, looks good for entry, it suddenly reverses and then the market closes at 2PM. Ooops! Now you get to stew on it for 19 hours until it reopens.