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OK, have had to change my mind ;) Probably my last trade though...not reversing this one. If I'm stopped I shall enjoy the weekend. I sense a big hit coming - it has been awhile. Time to be more defensive.

Careful on that trade. Need very fast fingers today. I got mine burned at the open for 7 ticks on that long. Acted quick enough near the low. Here are my possibilities today...I still have my 1317.25 target, and we shall see if it gets hit. Happy to stop and call it a week if I'm wrong on...

Good morning. Are we all ready to make some profits before hitting the mojitos? I'm tucked in long from 12. Will probably pitch out at 09 if we get that low...otherwise looking for a big up day. Remember, just because the market went down yesterday and overall this week does not mean it must...

Plan on going long 1312. Play the upleg today.

Today, Friday 15 July. Play the upleg.

2 tick loss. No, it didn't. I ignore news completely and the market did today and yesterday what it was most likely to do. It behaved normally and predictably. I see nothing odd and no indications of market moving news in the price.

Plan on going short 12.50. 3 tick stop.

Shorts will be squeezed and markets to new highs. Expecting a reversal at that new high, but not before. Thank you all those who have thanked me and wished me well. I don't have time to reply to everyone, and in terms of methodology it isn't simple enough that I can give a 1 paragraph answer...

Yes, I was wrong about us taking out 1300. When I realised that the dominant swing would be up, and the downswing would be smaller, I posted to get long and stay long ahead of the 09.30 open. Being long wasn't "risky", the Fed is irrelevant, and the only people who did any gambling was those...

Yes, but why did I say 23 - 23.25 and not 24? Clearly I was not using the 50% retrace. What are r10 and r20?

You're welcome :p

Yes, wouldn't it be nice to have it gradually chop and squeeze up with shorts selling every break to new highs that doesn't "follow through"? (these are probably the same folk who bought all the dips yesterday). Might not get it though. If shorts aren't playing, we'll go down. Getting...

I've just had a little nibble long on YM mini dow from 436 targeting 500. Put a 7 tick stop in and forget about it until stop or target hit? :) :p There is usually a violent and sustained break out of a "chop" area where people are confused. There is order to this, and in a "choppy" range...

High 17.75...missed by a tick. Missed the reverse signal too. Need to stop posting here! Since I'm still in long I gotta have faith that the shorts are being bought up for a squeeze - else I'll need to scratch this and call it a day.

Still time to catch the next leg by buying YM / DIA / Dow.

A correction at or near 18, then likely a move above 18 to 23.50. Here are my possibilities. Had a good morning so trading more aggressively this session and not going to worry about the outcome of this trade. I've just seen more evidence of bears coming into the market (and of course they...

Now lets put "bearish" nonsense aside and play the upleg, which is clear.

09.43 and 09.55 - 12 minutes between start of opposite leg and start of main leg! Within my 12-14 min predication. I just goosed it going early. But didn't lose on the short and got into the long. Cheese says we can give ourselves room at the beginning and end of legs (and get more precise as...

Thank you. And exactly 14 minutes later: My fill was 13.25, and stop is in at 10.25 Lets see. Should also mention my target on this trade is 23.25.

Good morning emg, others. Plan on going long for the upleg. Opposite leg in play now, more obvious on NQ. Upleg starting now. Getting long. 14 minutes after my last post.