too close not to fill,if they can get it down there and load up on the puts,push it back up to 1200 for exp they will clean up,there is a spot where the sell stops will kick in and it would be harder to take it back up and collect all that premo, papers thin compared to a year ago,so if greedy you would buy just above that and keep the sell orders from kicking in,collect your monthly quotas...expiration week scenario only ...the dollar hit its cleavage and could pull back... ,just an opinion
Up for the day. 4 trades all long, 1 loser. CL bitch slapped me by not respecting support, while ES did respect support and made me money.
Yep - break the longs today and open with another gap down tomorrow morning, the stage will be ready for a pop to clean out the late shorts.
too much money to walk away from,we see it every exp...perfect timing for dollar to reach res . dollar tl 79.27 appx .... es needs to hold 71 ledge
Lawrence Chan, I checked out your post at http://www.daytradingbias.com/?p=550 Could you please tell, what are these Blue Levels ? Have you drawn them after the fact ? Or were they projected beforehand and then price reacted so well from these levels ? Do you draw them by hand or if this is some auto drawing stuff of NT ? Thanks PS : Sorry to post the GBPUSD chart in the ES thread.