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Stopped for 3 points. Good entry, but it was only a weak bounce. Interesting reversal. I'm wondering if this could reverse even lower. Still looking for a long here, but the weekly cycle looks a bit broken for the bulls if we go much lower here. Let's see where the next 5 or 10 minutes closes.

Long 3707.75. Wrong at 04.75.

3720/25 is a key zone to hold for the bulls - both intraday and on a weekly basis. That prior 30 minute bar wasn't pretty, so should really find a bid here if this should hold up.

Keep praying. It's working. Closed out that trade here at 3714 for a 22 point gain. We can easily run higher here, but I don't like leaving trades un-attended and I have to go now, so had my opportunity to close it here. No reason to let it go back all the way to B/E just in case. Good luck...

Trailing my stop to 92.25. No matter what happens I will take 1 tick from this trade and I'm gambling with unrealized profits like @Master Pu. :) Offering 32 to exit. Likely have to leave for a while, so may stay like that unmonitored. Either it works or it doesn't. We're coming up at some...

Long tails left and right. Late shorts and early bottom pickers equally hurting here. It's a short term bottom for now, though.

@formikatrading and @Master Pu showed up at the demand zone to improve their average. Let's see if they have the strength to reverse this. I sure hope so. :)

I have a short attention span. 3650 would be the initial leg down if lower. No need to think beyond that for me. :) What happened to your long play off the weekly open? Did you cash out at the top? That said, I hope you're wrong obviously as I'm a long in drawdown here.

Hungry dip buyers lurking down here, but no reversal yet. @formikatrading and @Master Pu doing their best to hold this up? :)

Initial target would be a move to 3700. If we fail to get through there, probably just stopping out B/E. If we can get any traction above that - maybe one can get greedy. IMO, we're at a pivotal point now determining how this week will play out, i.e., continuation higher after a very good...

Bit of a tricky spot, but I'm long from here (92). Will bail at 82. Uncertain on target. EDIT: Adjusted that stop to 79 as 82 is inside this supply zone. Let's see if I regret that.

Big weekly demand level here at 83/84 which can hold this up. If it breaks - 3650?

First off, I never said anything about my own personal beliefs with regards to religion and spirituality. I'll keep that private. It is however true that Norway is an increasingly secular society. Second, it was not meant as a curse word like I already said. The way I've understood it, it's a...

I don't think this is going to help you, but maybe it can if it empowers you or gives you motivation to keep studying and learning. To be clear, I'm not denying the concept of trapped traders and how that can trigger strong moves. But that relates to the why and not to the how. Explaining the...

As predicted. :) I actually stopped out prematurely on a trail. Haven't traded the Open for a while and man that was some serious fast action. I was stopped out twice on B/E + 1 tick (my ATM strategies on Ninja does that after 5 points of profit or so), but nailed it on the 3rd entry. The...

Respectfully, if you're giving back literally several hundreds of points trying to capture a bit more, that sounds like a flaw in your strategy. I'm biding my time a bit. My predictive model gives very good odds for a gap fill(3734) on the Open today, but suggests we can easily reverse from...

What's your uncle point then? I don't know your and @formikatrading's position, but are you really gonna let another biggie go back to zero?

I can only imagine that a weekly bull isn't happy with this development. Which is why I asked earlier where @formikatrading and @Master Pu would consider themselves wrong. I think M PU said he doesn't use trailing stops and I don't want to stir up an argument, but assuming one is long near the...

I love such kind of analysis myself, but, the odds are rarely 100%. Even September which is a lousy month statistically have a few green months in the mix. I maintain my simple view that the conditions that have supported the market for the last 10 years are gone and reversed for now. In...

If you want to use 2002 as a parallell - wasn't that a bear market lasting two years (2000-2002) and correcting down nearly 50%? If so, seems like maybe you're one year early?