Quote from JimmyJam:
heh hehe.
i don't trade after partying.
no way, uhuh, ain't gonna do it.
so i chilled yesterday and i'm just sitt'in here watching price action bounce around today.
nice down move, but i don't think that we're gonna close down today 4re (market's at bottom third level support based on pivot point analysis), we'll see.
thanks for the analysis of your system using volume order flow hardyards, i always wondered about how to use it, and while i tried something like that in my early days, i couldn't get it to click, so i kept looking.
right now i'm very happy with the juju that i got, so i'm going to stick with it, but it's great (for me) to get some insight into all of these systems which use completely different methodologies to successfully trade the e-mini's.
... and they said it couldn't be done.
later,
Jimmy Jam
Quote from hardyards:
Gracias JJ ... if your juju is working just stay with it and grow.
As a great man once said " there are many many ways to skin a cat, just so long as you wind up with a bald pussy"
Actually, that could be the thought of the day.
Quote from Trader273:
ok, i follow now. Thanks!
Quote from 4re:
JJ,
The problem that I see right now is this. We broke a fairly major support this morning at 1279. This has us in mo mans land right now. It is very hard to figure/guess where we will be at the end of day or where we will go tomorrow. I do know this though. I am glad I am done for the day.
4re
Quote from JimmyJam:
The answer to the question lies in the body of your post (once 1279 is breached, look to go long).
If it were going to sell, I would expect it to be selling harder.
My vote (which I am not trading a position on, btw) is that the market works back up to at least 1288+ a tick or two (Monday's H/C).
Watching and waiting (while taking a cue from your deck and taking care of a lot of business).
Later,
JJ