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Prior to oil inventories earlier on there was yet another pattern on histogram, which is also to be seen on up to 5 minute chart I believe, 1 minute narrowed it down to a few ticks for a $0.50 gain :) <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1637883>

All I can say is that I am pleased for keeping a small position in light crude, ImO oil will be up in next 2Q. Went long FDAX upon retrace to 8096 (8099.50 entry)

expansion before change, unreal reversal, good job I scaled out, phew! Haven't reversed at pivot, didn't fade ECB data, missed train, bulls holding ground.

Is that too much to ask? Probably see a bounce off pivot now <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1637545>

Let's hope so, I have scaled out now :)

shorting all spikes

no probs, I think IF FDAX was to start a slide tomorrow morning then ES might be in red on close around -10-15 by time US markets go into gear. Bulls failed to get it up to the pivot in the afternoon, which is a worrying sign considering there was a triple divergence on the 10 minute chart, so...

There is no way to predict that unfortunately, I will be looking out for lowered tops in histogram on 1-3 minute charts, that has set a pace on many occasions in the past whenever price was nearing a retracement.

Here's what FDAX looks like, extended divergence <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1636906>

The word Kaput comes to mind :), the curve on that MACD is unreal, perhaps selling will commence before RTH tomorrow, I'll be on short term charts hehe <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1636906>

V, ImO DOM for retail trader is not necessary at all, of course you can use it, but you will get tired of watching digits and you do need a fast response brain :)

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1636696>

Ramaining position closed +$4.90

I would rather buy here

Short now off 10 minute chart, declining histogram Covered 2/3rds for +$2 gain

sold 2/3rds position +$3 profit, here is reversal on 10 minutes, I was in earlier off 3 minute chart, plus 5 was already starting to look good. Rest closed as well, Shorted with $1 stop <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1636106>

Yes, am long holding on to my balls :) Had to reverse Gold to long also, wicked reversal pattern on 5 minute chart also.

Looking for weakness on 10 minute chart, in meantime just shorted Gold. Long 3 -3 Long 3 -3.5 Long 3

MACD on 4 hour chart HAS to go through centreline soon, looks very extended ImO. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1636018>

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1635947>