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  #831 (permalink)
 bugsbunny 
toronto,ontaio
 
Posts: 973 since May 2010

I usually like to countertrend the trade but today LOL its just not my style.. if i did counter trade I would trade with less baggage.... but being not able to go with the trend what its showing at least will make me think of yesterday....

  #832 (permalink)
 bugsbunny 
toronto,ontaio
 
Posts: 973 since May 2010


bugsbunny View Post
If TF 740 breaks expect possible move to go to 752
& If 714 Breaks expect possible move to 702

just what i see

Bugs


I think its heading this way......

  #833 (permalink)
 bugsbunny 
toronto,ontaio
 
Posts: 973 since May 2010

ES 1192.75,1185,1176.50,1166.75,1158,1150.25,1143,1134.50,1124.50

  #834 (permalink)
 
kbit's Avatar
 kbit 
Aurora, Il USA
 
Experience: Advanced
Platform: TradeStation
Trading: futures
Posts: 5,854 since Nov 2010
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Some how managed to get a couple points...am going to stand aside for a little bit...this is to crazy

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  #835 (permalink)
 bugsbunny 
toronto,ontaio
 
Posts: 973 since May 2010


kbit View Post
Some how managed to get a couple points...am going to stand aside for a little bit...this is to crazy


Tell me about it.... LOL i was goint to counter 720 but when I saw it coming from the top I felt a roar in my stomach.. LOL... I cancelled..

Today people that trade the CL might love the TF!!!!

Well I dont like to trade Fridays to begin with...
but that doesnt mean I cant watch & wait for a setup....

Good Luck Everyone

Bugs

  #836 (permalink)
 
kbit's Avatar
 kbit 
Aurora, Il USA
 
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Trading: futures
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bugsbunny View Post
Tell me about it.... LOL i was goint to counter 720 but when I saw it coming from the top I felt a roar in my stomach.. LOL... I cancelled..

Today people that trade the CL might love the TF!!!!

Well I dont like to trade Fridays to begin with...
but that doesnt mean I cant watch & wait for a setup....

Good Luck Everyone

Bugs

Yea, exactly...any gains you have can literally get wiped out in a couple seconds....when it settles down a bit it will be safer

  #837 (permalink)
 bugsbunny 
toronto,ontaio
 
Posts: 973 since May 2010


kbit View Post
Yea, exactly...any gains you have can literally get wiped out in a couple seconds....when it settles down a bit it will be safer


Its like an untamed animal...lol
yeah you rite better to wait till its tamed & friendly.....

  #838 (permalink)
 
kbit's Avatar
 kbit 
Aurora, Il USA
 
Experience: Advanced
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Trading: futures
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As goofy as it sounds I could see an assault on 740 happening today....they take out the bottom and then run for a new high...just saying it wouldn't surprise me

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  #839 (permalink)
 bugsbunny 
toronto,ontaio
 
Posts: 973 since May 2010


kbit View Post
As goofy as it sounds I could see an assault on 740 happening today....they take out the bottom and then run for a new high...just saying it wouldn't surprise me

never know that 740 is still on the table like the 714 but calculate how much did it go down past 714-705.4=8.6points..
so if it does cross 740 it might see 748ish.. just my thought behind all this calculated move...
what do you see...

  #840 (permalink)
 
kbit's Avatar
 kbit 
Aurora, Il USA
 
Experience: Advanced
Platform: TradeStation
Trading: futures
Posts: 5,854 since Nov 2010
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bugsbunny View Post
never know that 740 is still on the table like the 714 but calculate how much did it go down past 714-705.4=8.6points..
so if it does cross 740 it might see 748ish.. just my thought behind all this calculated move...
what do you see...

I don't really know...it's just that it's the type of thing that can happen on a day like today( not saying it will ). Your calculation makes sense to me, I suppose it's possible if it hits 740...

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Last Updated on September 23, 2011


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