THe market's got you where it wants you, lol
ES Journal - 2014
- Thread starter murica
- Start date
Worked out just as planned!; Covering here at 1910. Another easy +7 points for me
Beats working for a living!
looking at the recent gaps..we got one @ about 1966 and another much lower @ about 1950.
those are like magnets..
Yes... gap price levels have a "magnetism" and are always (eventually) filled, either directly or by stealth derivative strategy.
But here's the thing... the magnetism only applies when the appropriate price movement (intraday and/or other TFs, possibly geared) is in motion. The magnetism does not create the price movement, it only offers a possible target for the appropriate price movement.
Back in long here at 3911 - cuold be about to explode up
Longs are right. Shorts are right. Eventually. For now, longs own the game, and have owned it for quite sometime now.
Markets can remain irrational longer than you can remain solvent - John Maynard Keynes
Markets can remain irrational longer than you can remain solvent - John Maynard Keynes
I think shorts are in control when there's like a terrorist attack or something, but 98% of the time, the markets have to go up by design. It's simple as that.
Very much agree. That's something I'll never miss. Getting up at 5am, sitting in traffic all afternoon every fucking day of the year. I'd probably kill myself if I had to do that all my life. What a fucking waste of life.
Thank God I discovered stock markets and the opportunities they bring.
have you made any calls in this thread Tsk, other than predicting the odd crash?
Get involved! The water's warm!
Get involved! The water's warm!