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I have chart but not that easy make screenshoot (lot of lines there), but it is easy connect lows somewhere in 95 and 03 and you will see that we are somehow about this line

We are absolutely not overbought on daily, if you you think it you are not analysing it correctly. Overbought conditions that are stopping movements up are quite far from now. I do not want say that we can not turn down any second but simple it will be not for reason to be overbought. In fact...

With limited size of account you can buy just same limited No of contracts. Btw, my trading - and I believe any discretionary - works better in more volatile market. If we calculate profit/loss per contract for sure it was "easier" year ago - both ways. But it does not mean that profitable...

Edges just changed. Trading is different. I struggled few months in 2009 than adjusted my discretionary trading. But I do not think that in 2006 etc was volatility higher. Oh, and it is not possbible gain (and lose) such big amount in so short time like in 2008. What I can say for sure...

There is clearly some type of buy program that does not allow tank but avoids large volatility rise as well. Question only is "how deep pocket" it has. I bet deeper than my patience.

At 1092 is the 200 period EMA on rangebars. Until normal conditons it easily holds any attempts out of RTH because we were well above it. I have no idea in this type of market. Short NQ 1810, Stop 1826 I will add at 1818 (WVAP) I think that all equities traders with long positions in...

Ammo, it can be positive news that economy reached bottom (not for today but in next months....) But this timing at option expiration - but some rate cut were there as well. Judge Lynch is not living in USA? This will make paramount for big those already knew it - and damage for small traders...

Surprise, surprise, god thanks that I do not keep longs overnight. Flipflopper, your intuition was great! These bastards orchestrated it to make maximal possible damage to average Joe Trader!

This is very organised rally. If you control it on tick or rangebar chart they are never leaving "safe waters" (too far from averages) so they are absolutely not triggering my setups for shorting short term pop ups. Amazing. I think that it is software driven rally. But it is here, how it is...

There is DeMark high pivot at 1108.75 for ES. I oberved that through this line price usually "jumps over" out of RTH or crosses it in beginn of RTH with large momentum. I think that it will stop us for today, end of session.

We touched 200 EMA and than without any major hesitation crossed 20 EMA, 100 EMA, 20SMA, 50 EMA, 100SMA - why exactly 50 SMA that is the highest from all commonly used averages in trading should be heavy resistance if all others weren't? Indicators cleary speaks that this is not blowout top -...

I personally believe that in setup where we are just touching upper BB will trigger "gorillas" take profit (even than I think more probably is that we will widen it). It can be in AH. BB are still clearly above us. Real danger for longs is however reverse day tomorrow - this is case if we...

Thats a problem. They will glue price close to top of the day - common case last time and all daytraders will be ..... Did you observe roach or mouse in glue trap? They kill themselves with own activity.

Ok flipflopper, I am very curious. I do not see any signs of big reversal today. I personally believe that we can return to appr 1100 but excuse me that is not anything big. The selloff needs to be up to todays open to call it big. We will see.

It looks we need end exactly at 1100 - but what with rest of the trading session?

EUR is after my opinion making dragon on daily (today is front leg) that should lift it up to 1.39 appr. There is well developed tail, tail hook. Indicators support it. Just is necessary to find some form of bailout of Greece - as minimum shifting problem to future.

To me it looks that price auction and indicators setup speak about upside. Indices are strong for now. Retraction just up to appr 1075 max. If we will be above 1120 than I will revaluate hw it changed. But long time I did not saw that bullish movement of price - low volatility, if down than in...

Wave, I agree with you about that level. Question is just when. I simply now expect (and "bet" in my trading) than 1120 (eventually 1140) first and 1065 later. You obviously expect opposite. However gorillas can make surprising moves so I am very carefull.

We are just "biting" in the WVAP on daily and weekly. No wonder that there is indecision, it is very important point, if it will not turn down now than there is not any important resistance above us for some time. It can fall easily in the consolidation and vol will get his right shoulder...

We are close to VWAP, it will be touched for sure. Only if we turn down immediately wave will get his 1062. My analyse tells me that in similar situations will stop us just upper boolinger band and even this we will be "lifting up". There can be some tight range days (=correction to lower...