volente, If you're still here, I am anxiously awaiting your second lesson about key times. The first one on T'days was excellent. thanks, esu2
volente had referred previously to a "10:30 reversal". My own reading a few months back uncovered a "10 o'clock jiggle" and a "3 o'clock jiggle". The guy basically said that whatever is going on trend-wise has at least a short-term reversal at these times. No rationale was given for the 1000, but for 1500 it was supposedly the bond market closing. Here's the article it came from (a nice short one): https://www.lbrgroup.com/images/tooI_kelvin1.pdf
I've been asked in a couple PMs to post another YM trade. ok, here goes: long at 10198 and 10200 dec YM looking for profit of 75 points. this should take a couple days to mature. good luck to all, blackguard
I tried trading the YM today and kept going back and forth ie up then down ... then I tried gold again lol; everytime I trade gold as soon as I enter it reverses. Like I said 2 weeks ago I should skip gold. I bought some AMD instead; for fun (like to trade companies I like and that I think are going to go up). Also we had like a 13% drop yesterday on positive earnings; so I figure were in for a little reversal.