Must have been Cramer and the CNBC party planners. They even had party hats! And now at 10:12 est, you are breathing much better too!
oso, All the signals are intact...I know nothing else to do but wait and follow them...(the intraday stuff is long however) The irrational exuberance was far more than noise however...and I really do not know what to think...' Breathing...well...ok...I am getting too old for this ES Durable goods up
rc, If you read this post when you get back...this was a good move on your part...how did you know?...is it that when the Brits move...its more trendy and not "USA-like" ...so when you get a green candlestick that fast at that hour...it will continue...right? (no green then equal red candlesticks like soldiers in a row at that hour)....or did you just bail as you would be out for a while? ...tell the truth.... ES P.S. You see traders gain respect by trading and putting their money down....I trade far less than the others in here, so far. Thanks to all the YM traders for their contributions. We all seem to be getting along and I am proud of ET and this archive...Thanks fellah's
On the surface, I agree with you. I see short on multiple sources, including intraday. Underneath though, it doesn't want to happen, Worldwide!! It's another setup for a sustained 2/27 debacle imo... but really it doesn't matter. I do my best to trade just what I see at the time. Which explains my dislike for overnights :eek:
Highs & lows in the YM are made to be broken...the congestion zone in Europe after the trend stopped, is not even respected in the action RIGHT NOW here in the USA...there is not any support and resistence... It's just Joe Public....and you and me...I find the YM the most difficult indicie to trade...and I stand by that. Hey...what is a retail trader/investor to do?...Joe Publis does not have the RE market just now... ES
U.S. Joe Sixpac doesn't know how to spell EU. But you are right, venturing into uncharted water does not provide historical info... Best to be a follower, not a soothsayer. BTW; another good short opp, ideally between 040-050, IMO as of 10:40 est.
Help: Can you check your time&sales to see what happened at 9:00 For the last 2 days I get prints of a 20 point drop at 9:00 Yesterday it went from 994 to 974 and today 13049 to 13027. Is this actually happening or is it my data provider? Thanks.
Missed 046 entry by 3tics. 1/2 position on at 038, stop now @net b/e. Will add 1/2 position @24 EDIT: Will not add @24, will flatten @25 or net b/e. Will revisit short opps in a few minutes. EDIT: Flat @37, net b/e. Going long via buy stop for scalp @44. EDIT: flat @48, NET+3(x4),