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Yes, 61.50 -- have a buy order at 61.50 stop 60.50 but not looking too promising on getting filled.

I am only implying that many algos intentionally pay attention to common time frame (5m for example) bar highs and lows, to take advantage of human behavior. 62.25 is value based on what by the way?

We've broken below the low on the last 60m bar and retraced up which concerns me for shorts. The 60m bar was a nice big down bar closing at the low, however the volume was not that great, and a 2 tick below with no follow through and retrace up into it concerns me. 62.25 is about to be hit and...

Well I was dense and did not take the advice I'm giving here, but a stop at 63.25 would have been above prior support, and just let it go and see what happens. My profit potential is much less than yours due to your entry, so I chose to take it off, but you would only be risking an extra 6 or 7...

let's be dumb together V as we closed shorts around the same place, except that you made more money than I did :)

Thanks P--given the rangey nature of price today and the time of day, I closed this out near the bottom but boy does part of me want to hold onto some here.

out rest 62.25

out 1/2 63.50, waiting on 2nd 1/2 tight stop here

out 65 and back in short 64.50 for a scalp

out part 63.50, stop to 65 (BE) on rest

short 65

Big money often uses bots, which look at breaks of major timeframe highs and lows, such as 60m bars, 5m bars, daily bars, and so on. The algos don't care about value, and it's evident when you watch a 5 minute chart, the average day trader's anchor chart, how bots will buy or sell to finish the...

closed rest at 62.25, will look to re-enter short if we break below if it's convincing

out another part 63, holding rest stop 65.25

out part 63.75

short 64.75

out -3 ticks bleh

back in long 65.75 stop 65

out 66.50

long 67