Explain todays massive rally eod
- Thread starter stock777
- Start date
I thought this thread was a competition to tell today's biggest lie. My bad. Carry on.
http://www.elitetrader.com/vb/attachment.php?s=&postid=3314890 ...posted in es journal at 12 30 cst,notice the candle and the nip and the bounce after nip touch to previous nip former supp,then res, also the uvol dvol crossover is usually a fenced market ,not open ended like a trend day...uvol dvol exchanging leads portrays lack of conviction from bears or bulls..and last but not least..ppt needs to keep market up for credit worthiness
Quote from shortie:
it was pretty massive if one was Short at the wrong spot
LOL! 113.95.
seriously... it is second-to-last session in a calendar month, designated window-dress rally day.
Fundamentally this one tries to rally at all costs, every month. This time it was a final-hour gasp on Rosh Hashanah volume
NBD... pretty much everyone was done trading for the day well before then.
Fundamentally this one tries to rally at all costs, every month. This time it was a final-hour gasp on Rosh Hashanah volume
NBD... pretty much everyone was done trading for the day well before then.
It's a big deal to Stock777, he is still in the early learning stages
Yes, dedicated to Ammo & Volente, who trade very differently, but both of whom demonstrate a trader's mindset day in and day out in a public forum:
Austin, occasionally I'm a "front-runner" on these setups too, but I feel so much safer getting in at a worse price, but with extra confirmation
Quote from NoDoji:
Austin, occasionally I'm a "front-runner" on these setups too, but I feel so much safer getting in at a worse price, but with extra confirmation
I tend to enter 1/2 early on the proprietary patterns and 1/2 into the herd-driven surge past the traditional chart pattern breaks.
Makes me feel safer getting in front of and then riding the wave of those known, expected positions to come
