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"ride down" what? ES or NQ? ES is not showing any sign of turning down as of this moment. Be careful!

This is just Amazing! I wonder who is buying this market 'cos the characteristic of this buying is very interesting: buying comes in when weakness shows up in the market, but the buyers are not aggressive to take offers above the market. Very passive and slow buying around weakness: classic...

ES doesn't look weak to me at cash close.

Nice. I followed you on this trade using my framework and learned something new: a subtlety that I have overlooked thus far. Thank you!

Oh, sorry. I miss understood your post. My bad.

EsKiller: If you really want to understand today's price action, go back and look at Friday's price action after 10:30am. With careful analysis, you might figure out today's price action in a more detailed manner. If you are really interested in learning more, look at Apr 02, and Apr 03...

Are you suggesting trading is a gender segregated game? You, Sir, are wrong! :D

Now you blame price action! :) Hope you have a better day tomorrow.

Handle: if you lease a seat, does CME consider you a professional for their data subscription policy, or are you still considered a non-pro if you trade your own account? Just curious.

That was a tricky trade: it developed, failed, and then re-developed. I didn't have the confidence to take the re-development!

Idea was sound; timing was premature!

covered 19.25.

Short 18.75; tgt 16.50

Based on the prints at close, you might be right. If not THE top, could be very close to it. But, as an intra-day trader, I will trade what the market shows me tomorrow! All the best!

You might be right; but short is not a trade for me at this point in time: Nothing to lean against for a short, but the longs have a lot of structure between 13.75 and 15.25 to lean against should price reach there (which based on the ladder doesn't seem likely; but then, what do I know!)

Looks like the shorts just gave up!

Yes, looking at that trade. But still little too early for me. But, looks like the stars are lining up!

I was hoping you would say bids couldn't hold 10.50 prior to testing 12s :). Thanks for your response.

Cool: What did you see to take that short? I was long at 9.50 and added at 10.50 with a target of 12.25. Ended up exiting both positions at 10.50. So was just wondering.

I have to agree with everything you said in your post except for the line quoted above. Remember Jobs founded NeXT Inc. If you ever get a chance to talk with NeXT engineers about their time at NeXT, you will really understand Jobs' influence on NexTSTEP. That man was brilliant!