Quote from mwingo1135:
[Just an observation]
-Current range appears to be 1112-1156.25 anything inside this is just noise/range (no clear direction) but a nice range to play in for day traders.
Bulls need to get back above 1156.25 and fight off any major orders looking to sell the bounces.
We are two weeks away from Sept Non farm payroll and we have GDP this friday.
There is no news at this time to cause a crash/continual major sell off.
Market is waiting for economic data....
Benerake to speak friday also.....
Have fun everyone trading the range. Will post update if we make it outside of the range.
1112-1156.25
Quote from mwingo1135:
Bulls have made it to the top of the range. When price hit 1140's there were no major sell orders coming in. On the contray more buy orders came in.
Price is now outside of the range.
[So what makes today different] - Silver and Gold. If anyone would look up a chart of Silver or Gold on the daily chart you see a strong sell off.
The strongest sell off in 3 months
The market is moving out of Risk Aversion and back into Risk Appetite.
Like I said before their is no news, crash news, or any other indicator that points to further selling.
Market is waiting for economic data to show positive numbers to sustain a new rally. Without economic data (Friday GDP, Friday After Next Non Farm Payroll) market could go back down.
[So what makes today different] - Look at what Silver and Gold did today.
I see I hit a nerve there. Did you know that trading (risk) and papertrading (no risk) are run by different parts of the brain?.Quote from Laissez Faire:
Did you get banned, eudaemon, or do you prefer multiple usernames just for kicks?
Quote from SrRuthenate:
I see I hit a nerve there. Did you know that trading (risk) and papertrading (no risk) are run by different parts of the brain?.
I thought we were talking about you and not about eudaemon, a supreme being.

Quote from volente_00:
A run to 1180-90 is setting up from 1118-20 if you can handle a 1109 stop
You see ninjatrader is "plug and plat" with IB only for the simulator. For a real account you have to lease it or buy it. That gave you away, amongst other things.Quote from Laissez Faire:
the utmost perfection!.![]()
