If they can hold that..

1174 - 1175 level then they will try for 1182 - 1184 today...I'm not counting on that and holding shorts...more likely a test of the ONH and yesterdays RTH highs...projections are fun...sometimes!!!

Originally posted by BruceM

1174 - 1175 level then they will try for 1182 - 1184 today...I'm not counting on that and holding shorts...more likely a test of the ONH and yesterdays RTH highs...projections are fun...sometimes!!!

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Take it back up to 1178.50

I'd like to see them clean up the 75.75 print red and then roll it over to 1170...I'm not planning on 78 area but good luck if your long...NQ trying to drag it down..

The #s I had cal. for today; I place wrong on my chart.
When I looked at my paper I saw my mistake.

I contribute this to fatigue as I get up 2am est
to be here for an early move.

1178.50 was a mistake since other #s in the cash
had been hit. I stayed out the rest of the day.

<-- yawn

P.S. I lost connection twice and had charts to freeze as well.
Not a good day.

Originally posted by redsixspeed



P.S. I lost connection twice and had charts to freeze as well.
Not a good day.

Which service do you use Rex?

bastards 3 ticked my long order again.

2 a.m ? Yikes....why? Where do you live....? and here I thought you might have been trading from a beach somewhere in an exotic location...........like me !

Originally posted by redsixspeed

I contribute this to fatigue as I get up 2am est
to be here for an early move.

"The Song Remains the Same"

Not that anyone seems that interested anymore but you'd think there would be someone who is curious why I was looking for the 75.75 print to be cleaned up....and why I thought the high might be in....here is the chart and my final for these concepts...


Look at that great volume surge at about 9:45. That was the highest volume of the day if we exclude the 4 PM cash close. They tried to get it higher and failed above it...Volume is the magnet...

Also look closely at about 10:45. there is a gap on the chart at 75.75.....so nothing too brilliant on my part but hopefully someone can incorporate the ideas into their trading...a gap at a volume magnet price...

The 75 was not only a key number for me ( 00,25,50 and 75)but it was the R2 level... here is the chart..

Hey RED...WAKE UP MAN !!! there hitting that mistake on 78.50 now!!!

Originally posted by redsixspeed

Originally posted by BruceM

1174 - 1175 level then they will try for 1182 - 1184 today...I'm not counting on that and holding shorts...more likely a test of the ONH and yesterdays RTH highs...projections are fun...sometimes!!!

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Take it back up to 1178.50

O.K. let me explain if I can. When cash hit 1181.43 (my projection was for 1181.25)subtract the fair value premium -4.25 = 1177.18 it
is here I look for a reversal



That is why I said 1178.50 was a mistake. I guess I should
have said "mistake for yesterday.

More explanation :: the # I projected from today gave me
the same 1178.50. So I guess it was a matter of timing plus
fair value premium was not going to be an issue for me.

<--- yawn...lol

Originally posted by blue

Originally posted by redsixspeed



P.S. I lost connection twice and had charts to freeze as well.
Not a good day.

Which service do you use Rex?

hey blue;

My internet is windstream dsl. The issue was with the broker
server and vendor that caused the loss of connection and chart
freeze

Hey RED...WAKE UP MAN !!! there hitting that mistake on 78.50 now!!!
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thats to funny Bruce...lol.....