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Short NQ 1951.50 stop right above highs

Yep

awesome trade... I got greedy with my zone and wanted it to get down further, oh well. I know you don't trade divergences, but its a funny coincidence that many of the trades you take coincide with them... check out the 15-min on the ES.

For the same reason I wouldn't rule out a new low so that a triple divergence is put in on the 15-min... the 60-min is still a double.

Break through major support then a bounce back to test that level from the underside? Is it higher probability when it makes there in one wave since its more due to pullback anyway? (since you said you cancelled your offer after it started to turn)

What a move... looks like they're trying to paint the DB picture hard. If we can close at these levels I'd expect more upside the next day or two. ... and congrats on 800 image views mbusch :p

zone -

Nice confluence on ES at 1436 - 1438 to get short.... I'd like to see it make it up there.

I think you guys are misinterpreting my post... which makes perfect sense since it was only 1 phrase and a chart haha... I view the market in a top-down approach, and this is the largest timeframe that I look at... thats all. Then I'll zoom in to the daily, then hourly, 15-min, etc. to look...

I'm 20 here and worked for the past 6-months as part of my school curriculum. I put 5% of my pay into my 401K plan. While I agree its completely okay to put a large amount of money in an aggressive fund, I think timing is key. For the average investor, doing the typical "100 minus your Age...

Its curtains for this bull.... :D

You too :) I agree, the thread is turning into a book... over 15 pages a day... hard to keep up with unless you're hitting refresh every few minutes. To some of the newer thread posters- see if you can limit your posts by only posting major things your seeing, positions you're taking or...

We'll probably get a bounce from 2014 here up to around 2018 where I'll be looking to exit... I'd hate to go BE on this trade and 2027.50 looks less likely with that 2023 top sitting there. :edit: damn... out at 11.75 for a 1.5 point gain.

Thinking of gettin short at 2023 huh? Shucks, I hate being opposite of you lol... I dropped it to 2027.50 to frontrun the 78.6 and since its the target for the measured move.... we'll see what happens... stop raised to BE

You'll drive yourself crazy if you look too closely at too many things... its mid-day, this is not abnormal or anything. BTW lowering target a couple points little due to measured move calculation

chill man, ST has been here for a while and has def proven himself. Storm on the other hand has proven to be the best fade in the history of the ES Journal.... which worries me on being long right now since he says he is :p

I haven't been able to find any edge in reading the T&S during RTH. In AH I've noticed its a good time to fade and get short after you see alot of larger size orders hit the ask, as counter-intuitive as it may be... haven't spent much time figuring out if that works in RTH though.

I'm actually long the NQ this time around, stop just under the low of the last 15-min bar at 2005.75. First target is 2030.

Trailing up my stop a little bit. We got the 15-min bars we were looking for to get a strong move up.

I'm with you again. I feel like the trade was still valid, my TL drawing skills just sucked. I hate entering the same trade twice, but I just don't want to miss this move if its going to happen.