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" I will follow my rules, I will take my stops, I will be disciplined and i will work with the market....NOT AGAINST IT! Professional mind control is the key"
@greenr: Best you rename all the enums in the indicator. Otherwise the indicator defines the same enums that I have defined for the ana-Indicators. I suggest that you replace the prefix ana, wherever it occurs, and there will be no problems.
" I will follow my rules, I will take my stops, I will be disciplined and i will work with the market....NOT AGAINST IT! Professional mind control is the key"
Invontry news out in 12 minuits....im going to try and hold through the news
I have a upside bias and i have scaled out 2/3 of my position
We have spent a lot of time in the upper end of this market leading me to believe we are trying to accepting higher prices
" I will follow my rules, I will take my stops, I will be disciplined and i will work with the market....NOT AGAINST IT! Professional mind control is the key"
Broker: Advantage, Trading Technologies, OptionsCity, IQ Feed
Trading: CL, NG
Posts: 1,038 since Jul 2010
Thanks Given: 1,713
Thanks Received: 3,863
Here's what I'm seeing on the day. Yesterday's profile formed a poor high. When we opened, the market was in a bit of a sell off and attempting to form support. We opened, bounced off that support and ran up to yesterday's poor high which is where a short trade was initiated. We want to be taking trades from the extremes and with yesterday having a poor high, it was a major heads up. As I type this, I can see delta continuing to fall apart further from where I pictured it on the chart below.
You have to be very careful when you see the market balancing like this as I've noted in the past. The market will often establish a false floor for the traders that aren't savvy to market profile. This ultimately results in a huge run down as stops are being blown out or traders are dumping their long positions. Again, if you look at what the market is doing so far, it has been quietly one time framing lower. As I just wrote the other day, if you're buying support that is not an extreme, you want to see the market one time frame higher to stay in the trade.
The only thing that is the wild card at this point is the inventories number in about 10 minutes. They're forecasting a number of 2.9M which is slightly higher than last week's number of 2.8M. We could be in for a wild ride!
Looks like i could be positioned of an epic stop run
15 seconds!!!!
" I will follow my rules, I will take my stops, I will be disciplined and i will work with the market....NOT AGAINST IT! Professional mind control is the key"
Well i flattened for a small loss on my runner as the release came out and we tested the IB lows
Just got in for a long again after the release at the Ib lows as we seem to fail lower
Just saw some good buying on the footprint and managed to get a scale out
and got a small loss on the roatation back down
" I will follow my rules, I will take my stops, I will be disciplined and i will work with the market....NOT AGAINST IT! Professional mind control is the key"
Jeezzzz some whippy price action this morning, got churned up slightly this monring
But managed risk well
have cleared my head quickly and have gone for a short
look for a rejection of value now and roataions down
" I will follow my rules, I will take my stops, I will be disciplined and i will work with the market....NOT AGAINST IT! Professional mind control is the key"
Im taking a break for a bit....cannot seem to get in the flow of todays market
" I will follow my rules, I will take my stops, I will be disciplined and i will work with the market....NOT AGAINST IT! Professional mind control is the key"