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No strong odds either way on my intraday model, but there's a slight bull bias. Could be a large bear flag building out here. if so - should see a drop within the next 30 minutes or so. But I'm trusting the weekly forecast which have odds for a close above 70.

Sounds good. I'm sure it's more beneficial on stocks. I'm sure you'd enjoy the book about the Flash Trader. He was a master of the DOM on ES before he eventually wound up in jail.

Tricky session so far, IMO. No clear direction. Rangebound. NQ is weak, but as we know - that one can turn in a second.

Wild swings both ways so far. But the dips are being bought. Weakness on NQ ain't helping, though. Any bets as for today's outcome...? I mentioned 67,50 and it's been resistance so far. If we can clear that level I'd be more confident we trade higher on the day. But as of now - it looks like...

So, you're saying the markets are as random as a dice throw? I say they're not. And I say there's a relationship between what happened yesterday or the days before and what's happening today. So, when I mention the odds of 2 Inside Days in a row I'm not computing it as they're independent...

Ok. :) I don't compare dice throwing with the markets, though.

Looks good for 85 + today if we can take out 67,50 with some conviction here. But the 'danger' below isn't over yet.

Probably not going to pick a bottom on this one, though. Should be more than enough juice above 3366 if we get there.

Flat @ 59 for + 8. It looked good for a while. Still finding a bid here, so might re-enter long. More cautious to the short side today.

The High/Low is contained by the prior day's High/Low. RTH Values (09:30-16:00). Most days ain't Inside Days. And most ain't Outside Days. There's an edge right there. :)

Putting my stop @ 58 now. No reason to give back more than I already did. EDIT: Make that 59.

Inside Days are generally rare. 2 Inside Days in a row are far more rare. About 4 % odds of that. So - yesterday's High or Low? Place your bets. :)

Looks like they're coming for me. 3357 needs to hold. A drop below there and we might see 3328 today - yes?

Thanks. As long as you have a basis for believing a reversal is due at a certain level - I think it can work great. On that subject - I used to be terrified of picking bottoms or going long near one. When I started out I was a chronic short trader. These days it's the other way around. I'm...

I usually make money 4/5 days in the week. Last week I had 5 green days. Sadly, I still get the occasional large red day which makes a dent in my profits. If I can eliminate those while maximizing profits...

I agree with this. I initially started out swing trading stocks and made a relatively small fortune in a short amount of time. Luck? Sure. But I did use stops and had a basis for my stock selection. Eventually, I got caught inside a large losing trade (turned red on me instantly before I had...

I believe all-time highs are coming, but don't have a strong opinion for what's next after that. My view is that the markets probably shouldn't be at these levels in the first place. Yet they are. And the conditions that brought us here have not changed, nor will they change because we're at...

Economic numbers coming out in a few. I'll play it like this. 5 points locked in with a stop below yesterday's Low. If stopped out - may re-enter again on buy signals. Bullish sentiment is still very strong here.

Well, thanks. The entry was good. The exit is where I get paid. I had 2 x 10 + point profit trades go back to a few points profit yesterday. The same thing can still happen here. I'm holding it for a few points in profit now. Maybe I'm being to greedy and should rather have taken an exit here...

I have the Jigsaw platform, actually. The T&S + DOM are a huge improvement from the native Ninja-stuff. I was tracking it for a while, but removed it as I was short on screen space. But considering adding it back on. I'm usually not scalping for ticks, so not sure if it's useful for me. But it...