S/R Emini Journal

[volente_00]

Quote from yvberj:

Vol.,
Pardon my ignorance but where do you see a H & S pattern. I see what could be the beginnings of it on several TF's.

Alex

 

[volente_00]

Quote from MiniDowTrader:

Hey V-

Where's the Max-Pain Point for S&P's?

MDT

http://www.ez-pnf.com/maxpain/mp9620.htm

 

[4re]

Quote from MiniDowTrader:

Hey V-

Where's the Max-Pain Point for S&P's?

MDT

I have it figured at 128 and 36 on the Q's

 

[Patricio]

Quote from romik:

English are nice on the surface, don't forget they were pretty much ruling the world in the past.

On the surface?

 

[volente_00]

Quote from 4re:

I have it figured at 128 and 36 on the Q's

My own analysis is 1280 on SPY. Tons of calls and puts at that level. Do not forget about the gap at 1285 on the S&P.

 

[yvberj]

Quote from volente_00:

Yes that's what I refer to as the beginnings of a H&S. However, I would hold off trading it till I saw more of a decline, at least to the 8.75 level. I guess I more conservative. Hope it works.
Alex

 

[volente_00]

Quote from yvberj:

Yes that's what I refer to as the beginnings of a H&S. However, I would hold off trading it till I saw more of a decline, at least to the 8.75 level. I guess I more conservative. Hope it works.
Alex

This trade is based on the pattern, the fact that there is a gap up, where this level represents on cash, and the fact that i am bearish on MWF especially this Friday as I forsee people lightening up longs until monday passes.

 

[volente_00]

Range prediction for today


1312-1301.

 

[volente_00]

Meet me in the trap its goin down
Meet me in the mall its goin down
Meet me in the club its goin down
Any where ya meet me guaranteed to go down

 

[4re]

Quote from volente_00:

Range prediction for today


1312-1301.

I hope you are wrong on the LOD. That will end up right in the middle of my trade. But I will keep my eyes on it. Thanks for the warning.