Search results

For tomorrow - I'm anticipating most likely a 4175/85 print, but it may happen overnight giving us a larger gap up on the Open. Continuation below 4120 seems less likely right now. Opening inside today's range would be preferrable from a day trading perspective. Let's see how it goes.

Even a broken clock is right twice per day. :)

Longed 28 for a 2.5 point loss. No bounce as anticipated and that was a tell. Trend day in effect. Calling it a day here. Have fun everyone. It's possible we won't stop until NQ... EDIT: Corrected a typo.

The chance of new RTH highs today are pretty slim, but should be able to get a decent bounce off the lows. Stalking a long entry here for a move towards 50/60. Just not sure if we'll get the 28 print or put in a higher low on this current push down.

Probably bailed on my short too early (trailing stop @ 46). Trend day down in effect, but I'm not shorting it again from here. 4128 is the bounce zone - so will see if I can get a low risk long entry there. What happens there will be a tell, IMO.

I think we'll see a decent directional move off the Open today - up or down and definitely have the potential of a trend day down, i.e., 4128. The key for the long side I think would be if we can trade back above 65. No strong bias either way at the moment, so will stay nimble and try to see...

Leave the news or the why to talking heads - there will always be a reason in hindsight. :) The equity markets have been going up a bit too much and too fast lately. We're still not much from ATHs. Some back-filling is due...

Yeah. I'm always wary of the indices finding a bid in the middle of nowhere these days, so I'm always a bit cautious to the short side. So, where will you exit?

Sell in May and go away? It's a great call so far. The indices are way overextended anyhow, having gone vertical lately, so we should see at least a retrace.

But surely price is patterned - yes? How else could we learn to recognize LR opportunities? Time = Money. Could mean many things. My investor buddy (who's admittedly done very, very well over the last 10 years when he first started out) always talks about how TIME in the market beats market...

Not really seeing any weakness here at the moment. Still in a buy zone here, but it's possible ES wants a 77 print before higher. While NQ is down on the day - it's nothing dramatic yet.

NQ not helping yet - so could spoil the fun today.

Should hold above 4188/90 for a push towards 4205, IMO. If not - I would assume 4175/77 below. Crystal ball is fuzzy at the moment, so no strong bias. Powell speaks 14:20. Not sure if today's speak should be assumed to matter, but you never know.

I had to go back and see and I remember that post (and the poster) from the time I actually was reading through this thread. However, in a later post he says something to the effect of having re-read the thread and seeing how much he missed the first time around and how he had made some false...

1st trading day of May tomorrow. Looks good for printing 4192/4204 on the day. Big picture - we're in a trading range here. I have a hunch we won't take out last week's high in the coming week, but admittedly not a very strong conviction.

If most lost it back - surely the method isn't valid anyhow? This thread is posted in the Risk Management sub-forum. Possibly for a reason.

I didn't suggest what I think would matter or affect you one little bit. In fact, my post wasn't adressed specifically towards you at all. My question was simply if there was any proof that the riddle-makers in this thread actually held the answers themselves. As for myself, I'm not really...

Respectfully, I wouldn't consider this proof of anything.

My list is empty, too. It seems to me that many people on EliteTrader are very sensitive with fragile egos. As soon as someone questions them or even tries to have a basic discussion they're put on ignore. Snowflakes?

Yesterday was a V. It was an Outside Day, too. Kind of an unusual pattern, actually. I think complacent longs should be a bit cautious here.