Search results

Headed lower, though. Maybe 3900 next.

Initial downside target 3923 tagged. Makes me cautious shorting more from here, although this does look heavy at the moment.

Interesting close. :cool: No doubt challenging to navigate this volatility. If anyone else feels otherwise - hats off to you. :)

Maybe not today. That was quite the pop off the LOD. Of course, in these markets a pop like that doesn't necessarily mean jack.

Doubled down with a short entry after we finally broke and recovered from a drawdown. Buy limit @ 55, but covered on a very aggressive trail at 57.50. Trading is such a mental game. If I weren't in drawdown for the day I would probably have held, but I tend to trade my P&L when in drawdown...

How low?

Tricky afternoon.

800 point stop? :)

I saw mention of the 3920 level and I agree it's a good target by EOW. 3923 specifically. Tomorrow is the last trading day of August. Statistically, there's actually a small bias towards a negative change (67 %) over the last 13 years. Thursday is the first trading day of September. No strong...

Trapped traders left and right. Both longs and shorts.

Drop below LOD or rally to 4000 by the Close. No edge for me here. Looks heavy, though, but dips are bought for the last hour.

Indecisive market. Feels like everyone is feeling each other out. I was short below 34, but stopped out for a smaller profit and off to do something else now. Neither a rally above 4050 or a drop to 4000 or more would surprise me by end of day. Maybe some consolidation before the next...

Flat and looking at 28-30 now. If that doesn’t hold - probably 4000. But as long as 28 can hold - rally back to fill Friday’s gap at least?

I don’t really think like that, but if I did, I could counter it with saying that Friday was possibly an overreaction. I just keep it technical and I know that these relentless trend days down historically have been followed by a counter-move just as often or more than they have been followed...

80 - 100 points rally tomorrow if 4050-60 holds, yes? But that's a might big if. Opening gap down and not finding a bid I think we'll easily see 4000 and lower tomorrow.

Trade your own money. How much would you have had to fund your own account if you saved up everything you used on Combines? These programs don't have your best interest in mind. This incident proves that. I was once with E2T and they actually deleted some "bad trades" after a software issue...

Who said there wasn't? You can't deny that trend lines are subjective and will vary from one person to the next or even from one day to the next with the same person. Saying that people haven't learned to draw trend lines properly and not explaining further what's meant by that seems like an...

You explicitly said it was NPOC from three timeframes (30-minute, daily and weekly) on a reference chart. I assume that by NPOC you mean a naked point of control? What did I miss? I'm just questioning the value when your chart is littered with lines/labels. Thank you.

I lost you for a bit there. But, basically, you lost the accounts because of software issues that were no fault of your own?

This seemed intriguing and promising until I opened the chart. There's so many lines on this chart that price is bound to hit one even randomly. Like the background of my chart that have horizontal lines evenly spaced out. :)