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Added......scaled out and holding for this price exploration 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"
Just tested near the lows of the bracket I was tracking this morning
See if they sell the crap out of this into the close now
" 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"
" 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"
Sure - hope this explains. I'm using minute data on teh composite and tick data on my daily profile.
I am trading price action down here but I'm looking for a test of the low of the LVA highlighted on this chart.
edit: prob need to explain this more - I'm using an indicator that estimates volume profiling using minute data by averaging the volume for a 1m bar over the range of that bar. I use this for longer term profiles (I"m calling that a composite) - this composite starts on dec. 17th, 2012
Seek freedom and become captive of your desires. Seek discipline and find your liberty. - Frank Herbert
OK - I think this is one last shot by longs that will fail below 90.50. So I'm looking for a short-term price pattern like a double top (double failure) to get short again into the close. I'm going to be patient and if we don't start down in the next 10 minutes or so I will likely not be interested. Need enough time going into rth close to get a move.
Seek freedom and become captive of your desires. Seek discipline and find your liberty. - Frank Herbert