AH-ha, it's the lull to sleep / explode pattern..

Hey now, this qualifies as a massive, intramorning call !It is the balance brought on by indecision. Soon enough buyers will either stampede in or withdraw their support, and when that happens ... when that happens ...
I'm going to go out on a limb here with a prediction: Sometime around 2PM EDT the market will start to make a move to break one way or the other, and the first move may not be the move that rules the day. It's a long shot, I know. But I guess somewhere around 2PM. I'd let you guys in on it but its "proprietary."![]()
Yup, alternating expansion / contraction..It is the balance brought on by indecision. Soon enough buyers will either stampede in or withdraw their support, and when that happens ... when that happens ...
I'm going to go out on a limb here with a prediction: Sometime around 2PM EDT the market will start to make a move to break one way or the other, and the first move may not be the move that rules the day. It's a long shot, I know. But I guess somewhere around 2PM. I'd let you guys in on it but its "proprietary."![]()
Hey now, this qualifies as a massive, intramorning call !
Then do yourself a favor rocketman, take his calls but be prepared for 200 point drawdowns. But you have to hedge the position by being in Sim.I firmly believe B1 is a good trader. Hehas made some awesome trades here. This is undeniably the best and longest running thread on ET where (obviously) all the traders here want to be. Almost as good as live chatroom.
From what I recall, I don't believe this was ever meant to be a scalping thread, although a few scalps have been placed here from time to time. It's purpose was more swing trading I believe.![]()
Longer term position player looking to post here some shorter term ES trades to begin to get a feel for the intraday movements etc.