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1206 is near the low of a balance area. Shown is a 10 day profile, arrows at the high and low of the balance. If one were to counter trend, this would be a good spot for it IMO. http://screencast.com/t/lFHb2fOgng

"Buyers be damned" say the sellers, from the looks of the delta. http://screencast.com/t/Iq0OyS3idz

Yes V, just presenting a perspective from the cash index, nothing more.

Here's the cash -- 1230.71 was the high on 8/31. This has not yet been touched, and is pretty much the last major swing high before the top. http://screencast.com/t/lr3DZpNyQYPC

More like fear/greed, as I should have placed it at 19.50 for a much more certainty being filled-- Have a great weekend!

Well it's what the exchange reported. IQFeed does not filter and does not split transactions, unlike feeds like IB... so there was a buy limit for 921 that absorbed the market sell which as you say was in all likelihood over 1K.

Well definitely didn't know, and would have waited for confirmation if I had better judgement or had I known :D Just meandering towards high of day, looking for a lazy 2 tick or so break of the high to take out a few shorts, and then move down to retest earlier support. It was 30 minutes to...

Not so rare on ES esp. this time of week but quite amazes me every time I see a 900 lot print, to think of the capital behind that one order. http://screencast.com/t/93B1oheYTa

This push down is what I was shorting looking for. To add insult to injury, I put an order at 19.75 to sell after it failed at 20 on the second push, and it did not fill me even though 327 orders were filled at that price. Gah.

Ha!

Whoa that was fast! Out -3 ticks, kinda dumb but thought the risk was too low to pass up for possibility of move down.

I will short 17.25 stop 18 for kicks. 30 mins left, enough time for a nice move down possibly.

Still looks long at the moment IMO. http://screencast.com/t/N04ZiERAe

Also noticed that open interest is slightly lower the last few days (a few ten thousand contracts), another divergence.

Thanks P-- Yes quite easy in hindsight. The thing is, we never know how far the pullback will be. Top of the consolidation was 10.75, low was 09. Only 7 ticks, but in a day whose range is about 40 ticks and where the target is only 24 or so ticks higher, that's a significant risk IMO. I...

Could be the right shoulder of a nice H&S forming. edit: I don't really look for these "patterns" much but it's a possibility and other traders may see it. http://screencast.com/t/XX6kIkYmB

For those of you who are good at re-entering when you don't get in early, or after you take a profit, can you give me some advice on how to do this more effectively? I thought that the consolidation from 12:30 to 1:00 ET might test down before going up, but I feared that it wouldn't and...

cancel order -- train has left the station and if it comes back to 07.50, IMO it's not a train I want to be long on, at least from what I see at the moment.

Buy limit at 1207.50, 1 point stop, target 1211 and 1216

It's a Wyckoff term-- We are talking about thrusting, and nips, and cleavage... man, what kind of thread is this?? :D