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Covered 50% of 1/3 +6 I know Tom, it was turning going into slant formation, but I went along with 2m chart' histo looking for a dip towards LOD 10m chart's histo now pretty bearish & that means hold shorts ImPO until 10m changes to bullish

? explain please

C'MON YOU BEARS!!

Short 1285.5 off 1m, stop near 1286.50, hard stop +10 & poss 2m Scaled out 2/3 +2 1m not turning bullish, good sign for more downside Tom: me being idiotic

Not liking 3m Tommy on ES, could be a fake, could be something else not trading this one

My problem is with understanding what is going on, most calls that I recall from last year were countertrend ones (please correct if mistaken) where he would have a stop miles away, that's fine, but for that you need to have a much bigger target, which he didn't seem to have. ImPO he is better...

I know who Icarus was, good lesson on using stops, know your limits :)

Again sorry for the antique line chart, it's easier on the eyes :) It's pretty self-explanatory, that's what I meant by hammer-type, on the line chart rejection zones are shown as sharp angles coming in pairs or triplets, once a couple of rejections of a certain area have been put in place...

Nice picture Surf, what's on it? Trader's suicide?

So if you agree to that, then you can't not believe in PPT, they don't have to buy anything. They simply influence decisions of others.

Steve, if my memory serves me correctly I recall you using only RTH data, what made you switch to 24hr data? TY!

I did see weakening upside via a reduced histogram on daily chart, but weekly is in a very strong runaway trend, it is tricky to trade oil at the moment due to two sided volatility. I don't have any level projections in mind, but would like to see weekly to start showing weakening histogram...

I reckon we need to see some serious hammer-type action to consider favourable conditions, woudn't you say? BTW Old.T TY for the answer, you were spot on! I guessed that could have been the reason.

He probably made $10m when S&P moved a few points in his favour

Why are you guys taking the piss? Maybe he is just practising analysing market conditions, no need to keep rubbing it in, advise not laugh at the guy, no honour or benefit in that ImPO

this could fire down with intensity quad D on 1, will pull trigger on 1/3 b/e if price goes there now 1/3 b/e

No live call, no candy :) (unless I missed it)

Scaled out 2/3 +2.25 taking no prisoners 2m strengthening upside gambling 1/3 till the LOD as I do like 3m histo's 2nd high pass

Long 1288.25 off 1, stop near 1287, hard -5

Re-entered Long same level same conditions only stop near LOD hard -10, again 50% position -2 getting out 1m dangerous