Rad4633 

so you just trade reverse at these times all thru the day, is that what ur saying? if so would you share a chart showing your Ninja trade markers so I can see and understand better...picture worth a thousand words

See posts 41 and 42 in this thread


and ur right: picture worth a thousand words

after such a run UP the players are bit confused so we should expect quite low range evening -- same thing happens with gold

btw, I was automatically disconnected from TW (that 24h thing) -- so it will take some time before I load my charts and do the recap for today

Fadi 

Good one

here is another one:

a thousand a day keeps anxiety away

Recap -- Thursday, September 6, 2012

(1) 9:35AM - 10:15AM NY Opening Hour Move
Market develops its trend or bias for the day
This move is important as a reference to what is going to happen later in a day


(2) 10:00AM - 10:45AM Morning Move
Expect a counter-trend move to the NY Opening Hour Move in the first 45 to 60 minutes
the move failed -- undesired move


(3) 10:45AM - 11:45AM Delayed Morning Move
Expect a counter-trend move of the NY Opening Hour Move if there was no move (or undesired move) from 10:00am to just before 10:45am


(4) 12:45PM - 2:00PM Post-Lunch Move
Expect a resumption of the NY Opening Hour Move trend (or upward or downward bias)
the move failed -- undesired move


(5) 2:00PM - 3:00PM Afternoon Move
Expect a resumption of the day’s trend if there was no move (or undesired move) from 1:00pm to just before 2:00pm


(6) 3:00PM - 3:30PM Delayed Afternoon Move
– the 2:00pm move will help dictate what may happen at 3:00pm,
Expect a counter-trend move of the NY Opening Hour Move trend

dario1 

after such a run UP the players are bit confused so we should expect quite low range evening

roughly until the Europe opened, as expected traders have positioned themselves in a comfort zone that was established (1430.5-33 range until 2:00am)

--so now it all depends on control boyz and how far they want this thing to go.

key news for today
08:30 Non-Farm Employment Change
--be careful don't get fleeced

from Bloomberg:
- The European Union’s 19th crisis summit was winding down when
European Central Bank President Mario Draghi made an unusual request.
He wanted some alone time with EU President Herman Van Rompuy to
thank him for charting the path toward a shock-proof euro zone.
- Claims for unemployment benefits fell to the lowest level in a month and
American companies added more workers than forecast, easing concern
the labor market may be stagnating.

Pivots for today

R3 1461.25
R2 1451.17
R1 1441.09
PP 1422.17
S1 1412.09
S2 1393.17
S3 1383.09