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The simulated feed on Ninja is as far as I can tell very good. I once had considerable slippage on ES on demo and wondered if the feed was off in any way, but checked the time and sales and could indeed verify that the market had moved very quickly through my stop on low volume. The difference...

Flat @ 29.25. Bye.

Doesn't seem like much is happening until the FOMC statement in 32 minutes. Anyone taking a lottery ticket going into that? ES fairly neutral. NQ green and trading above the Open now. It's suggested that tapering is already priced in, so I imagine that should be no surprise. I wonder what...

Anyone seen @Buy1Sell2 lately? If he was around - I assume he would have said: "I see no obvious reason to be short here." :)

I believe it's been a while since the market was this sluggish going into FOMC.

When do you see yourself completing the course? I've heard it's quite extensive. Also, you're not the first to say that the video course is light years above the book(s) - whether that's the first or all his books. I read his first book and didn't find it that hard if I remember correctly, but...

I'm certain that the benefits of the futures markets far outweigh the negatives, but I don't think there's any doubt either that these markets can be manipulated and so affect the physical markets as well. But I'm no expert... JPMorgan to pay $920 million for manipulating precious metals...

7.50 point range. Sluggish. Every pop is sold and every drop is bought so far. Triple top to the tick, but I don't think that's going to hold.

On the last statement we actually rallied higher into the FOMC statement. The prior ones sold off into the statement and then reversed higher. Let's see where the day takes us. :) 4550 today or later in the week/month?

I took the bait @ 18,50. Let's see if that was a trap entry or not. Quickly out around 14 if wrong. Hard to say where the day takes us. I have an upside bias for a gap fill - but not much beyond that. Could take out yesterday's high, but we're a bit overextended, so might be wise not to be...

To those of you who follow the news - what's the expectations from the FED today? I'm bullish for the day regardless of the FED - but being a FED day everything is on the table...

Waiting for 4607/10 for a long entry. May go long above 4618 if not. FOMC Statement today, yes?

Very high probabilities for a gap fill (4623,75) in today's according to my trading model. Need price action to confirm of course.

I think this is an assumption that's not necessarily correct. Is selling gaps down and buying gaps up the standard method of the chartist? I'm not a pure chartist so it might not matter, but I'm generally looking to buy gaps down, but it depends on other factors of course. Interesting example...

At the end of the day it's only probabilities. It's not uncommon to 'ask a question' and find that the market is more random than you'd like to think. Other times - the probabilities can get really high. It was only meant as an example to show the limitation of a chart. If it has added value is...

For example: The market's down 3 days in a row by Friday's Close. What happens on a Monday following such a pattern? You can add more detail, too. What happens on a Monday following such a pattern if the market gaps up or down? I can answer that question in a minute. I don't know how I could...

There's a lot of questions that can't be answered efficiently (and probably not at all) if you only use charts.

What do you refer to which is completely subjective? Even trend lines can be drawn objectively if you have rules put in place to do so. I don't really use them myself as they don't seem to hold any special significance for the market I'm trading (ES). Usually they have to be redrawn and...

Sure, but you do have market players submitting orders based on technical levels which can be found on a chart. For example today's current Low of Day on ES which was yesterday's closing price. Also known as a gap fill. These levels clearly matter and it's typical with orders clustered around...