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Bearishness is in the eye of the beholder. :)

Could be. Maybe the 83 call from last week is in the cards here by tomorrow. Hammered down that rally attempt just now. Stay tuned. Trying to base here or hold this level - one or the other.

Yeah, you blame it on z. :p

Noticed that too. It's trying to decide if that's support. It's also sitting on R1. Add: Or should I say was. Looking to test PP? 85.50.

I don't see any real reason to trade ES unless you're trading a ton of contracts.

Thanks. :)

Agree that this doesn't matter. For instance a lot of professional sports coaches never played professionally in the sport they're coaching either, but they're great coaches. And a lot of great players can't coach a lick. Look at Vince Lombardi and then look at Magic Johnson for instance.

You're welcome. I finally got around to watching the video and it's great as expected. He really understands the basic principles behind the psychology of trading. I have Trading in the Zone too. Never did get around to reading The Disciplined Trader which I hear is also very good.

Those are all good points. And the timeframe issue is maybe what's wrong with his real-time add on. And then if you're looking at longer timeframes you don't need it to be real-time. And you're right, they're best used with other indicators. Even he points this out.

Agree about the pullback. Been going up and up and up. Haven't looked at that level yet.

What's the verdict here. Opens heading up? or down? You don't know? How am I supposed to make any money? :)

Thanks, ammo. :) I've heard Mark Cook speak before. He's good. For those of you that may not know him, here's his story from Jack Schwager's book Stock Market Wizards. There are 3 parts to this, the first two parts, one after another, and then skip past the next post and the last part of the...

BTW, don't know if any of you caught the Steve Nison webinar on NinjaTraders site that I brought up the other day. If not you didn't miss much. I forgot that a lot of Steve's "seminars" are big time sales spiels. He's really out there to hawk his stuff. :) He has a real-time add on to NnjaTrader...

You're welcome. Hope you're having a nice weekend.

You're welcome guys. :) Hope you're enjoying your weekend. Thanks for the charts Kid. :) Couldn't help but chuckle when I looked at the chart for TF yesterday at the very end of the trading session at 3 PM PST. We've been talking about trends and counter-trends and trading them. I was...

I've been a big fan of Mark Douglas the author of Trading in the Zone and The Disciplined Trader ever since I first heard him keynote a traders convention in Las Vegas right before Trading in the Zone was published. As I recall, at the time, he was selling copies of the book in boxes of loose...

I've been a big fan of Mark Douglas the author of Trading in the Zone and The Disciplined Trader ever since I first heard him keynote a traders convention in Las Vegas right before Trading in the Zone was published. As I recall, at the time, he was selling copies of the book in boxes of loose...

Yeah it was interesting and you did great. Enjoy your weekend, and everyone here do the same.

Poor little CL was the life of the party just a couple of weeks ago. Poor baby seems to have fallen out of favor.

552 contracts of TF for sale at the HOD. Get 'em while they're hot. This isn't ES so that's really a lot. Just flashing it? No, they're snatching them up. :) Everyone's waiting for President Obama's two cents.