red bars are geting biger than green ones. my gut syas we do break 857 this time. i have kept my stoploss a tad further so whipsaw does not take you out. Got to have faith sometimes.
[shakes head] ... what a market. I need to change my rule for new positions after 3:00 when they are that obvious (back down into previous trade bracket).
no clear break on the 30min above that trendline.
ReplyDeletethanks Chris. I think you are right.
ReplyDeleteneed to make it below 857 now or pattern invalid. If we rally back towards top we will go higher.
ReplyDeleteThis is thirad attempt to go above HOD. May be next down leg it breaches 857
ReplyDeleteyeah thats why I was saying it cannot attempt the high now, if it does we break it and will not see 857 break.
ReplyDeletethere is no liquidity in the market. Dropping 3 points on no volume in less then a minute. Quite crazy.
ReplyDeletesorry for the newbie question. What's HOD?
ReplyDeleteHigh of the day
ReplyDeletered bars are geting biger than green ones. my gut syas we do break 857 this time. i have kept my stoploss a tad further so whipsaw does not take you out. Got to have faith sometimes.
ReplyDeletebut no volume. All it needs is one GS buy program and we get 10 pts on the upside.
ReplyDeletehere comes the fourth attempt.
ReplyDeleteChris, are you looking for confirmation on 30 minute chart?
ReplyDeletea fake move ? 862.5
ReplyDeleteback from dinner all stopped out.
ReplyDeleteI am still in SRS around 25 and FAZ at 9. stop st 24 and 8. let us see how this pans out.
ReplyDelete[shakes head] ... what a market. I need to change my rule for new positions after 3:00 when they are that obvious (back down into previous trade bracket).
ReplyDeleteIt is trying to stay above 857
ReplyDeleteIf it closes at this level or below i will add more shorts around closing time or after market
ReplyDeleteAgain the 20 EMA crossed 50 ema downward. tomorrow should be down day and break 845
ReplyDelete