Search results

I am very curious because I I think we can go hit 1230 just in the very end of today. Btw, I am scalping gold today, ES does not look "scalpable" to me today.

Yes, thats true. Those "who knew" simple prepared some room to go down without get in panic mode.

Interesting. Look where we ended- I can not believe how exact it was. Can you imagine that SPY high was to the tick /16.15/ 122.80 ?? Unbelievable. And look when I wrote it. This edge simple works - however only during RTH. I believe todays target was "calculated in advance". Pullback is...

If SPY is able go over 122.80 it will break some value that I am looking at. It will happen first time since I am observing it, approximately since half of 2007.

Short 15.75. Will eventually double at 22. Stop at whole position 27. Target 1200, will consider 1195

I do not want go long because about 1200 I see resistance (various reasons what always has synergical effect). Probably we will test it, but breaking it will need strong move and than will be enough time take this breakout trade. On contrary bottom of channel is about 75 so I see potential...

Long 75.50 stop 3 points Out 76.5

Long 78.75 stop 3 points Is there some news for EUR (this is dropping seriously, god thanks).

Long 80.5 stop 3points Out at 80.75

Out at 82

Long 79 stop 3 points Edtit stop to 79.25 after retest

Long 78. Stop 5 points. Out 80.75

Volatility is growing up. Somebody knows something. Mostly it is signaling more downside. Last retraction until now is just fart in the wind like we say here.

they need be same direction

Pure luck that I shorted 6E and not ES ...

I am looking where to buy this dip. Just experience learned me - if there is no panic (dumping positions) they will take us lower.

I think that today go long is very risky. I can not imagine anybody shorter term trader (even swing) willing stay long this night, therefore many can dump positions at the EOD. There will be enough time go long on some recovery signal. I stilll think upside is limited today.

I am afraid they all have taken chance go long at that gift dip around 1210, averaged at 1200 and again at 1992 so they are long above 1200...:confused:

Problem is that we broke support in downtrend channel. This is rare and although it is often "exhaust" or "trap" I can not remember if I saw that we returned same day RTH. So 1180 looks low probable to me.

To be quite honest I expected few days more to get here. However if we will not turn up at this point than the long only guys will start panic. I see very serious support in EUR about 30 tick lower so here can be some downside for indexes as well. If that will break than really fasten seat belts.