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What a battle that was on the Kospi for 251.15....the bulls lost...for now.

CanOz
 
Trading the FESX on sim, the ES opens and tests the Globex high before dumping everything on the bid...i love sitting up in bed and watching the DOM at the ES open:D


CanOz
 

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prep .....DAX

basic Wolfe wave tested yesterday, exp continuation today.....larger day ratios look complete in retracement daily basis

bases loaded on shorts for most small accounts judging by sentiment in most public places

metals look like they ready to reverse....liquidity can go where it wants....easy to flex price against weak shorts

no agreement downside from hsi (in fact hsi contender for blow-off)

the day opens typically, i'm looking for upwards momentum, forced up, poss covering spike,

normal pullback starts to roll, suspicious when covering long bar comes in near 2/3 retrace of the low to high spike, stand aside

buying comes in....again.....now we are half way back to double high....price is acting smooth, impulsvely
faulters just for a moment and as small sells hit i can see buys hitting.....very quickly, orderly we move to 3rd
high.....no such thing as triple tops....we're buying, i'm buying....first pullback is normal......exit....next upmove comes with strength, smooth, impulsive character i miss low but get bulk of move....look immed for ratio.....we hit exact 100% of impulives take off buys....makes me suss it's a hook, i exit.....but, it does this little give-away of making a tiny higher high, it's a fhead fake.....elliotts b wave thingy.....i look ratio, of the first move down the second downm from the headfake high is exactly 161.8% .....boo-fekkin-yah.....it's a buy place stop 1 buck below (cfd) ........buy that with all pos size allows......run you fekker run!
 
looking for general shape acc to regime im following...this is vital.....whether you diss elliott or whomever, doenst matter....wot works is wot works for you from the history of proof....call it eperience, whatever.....

i like how the dailys cross both the dax and spx look the same, to me bullish....also see my pullback chart for daily view on spx on twitter.....

i want to see how close to the pin i can nail sentiment....so easy to sway small accounts into shorts over leveraged or over margined....fodder.....that's the easy part....the part i want to see to confirm my work is the price action......no DOM....must know the action and quickly place into context......doesnt matter that i might be in a larger hook to set me up to buy a lot of volume that someones else doesnt want...the key for me is to be ready for that with a plan and then see if that plan is just not fitting, what are the markes i should know, cos, really, no plan means distraction.......being wrong is good if my plan allows me time...thinking time, i mean, i'm only struggling with less dimension....i'm not looking at anything other than applied ratios, 2 charts of time and a cupla select charts of other liquidity vehicles (like xjo or spx)

running session, dax:
when i'm not sure, the time on the chart needs to be changed, i see price diff, i react diff, i see context and size diff.....how this level gets halted but not rejected.....how come price pauses but no real sell hits, can't be any size here.....again, we move close to opening highs for 3rd time, that's wrong for sellers, they'll cover, i'm buying.....look at the bigger chart, how much can we go analogous on impulsive buy....mebbe 40 points, nothing for dax....pullbacks are orthodox....miniature trend.......ticking right boxes....just telling the story.....ratios allow level to exit or rev pos.....once i've got most of the move into next congestion zone i can take off bulk and allow to rundax buy storyline 251012.jpg
 
FESX, same story....sort of.

Actually these days with a high DPOC from a lower open are tricky. The Kospi ended up on a tear right to the end today. Expect the same here, 2500 the DPOC...data out tonight tho but expect most of the action around 2500 to hold unless we see other time frame players.

CanOz
 

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Nice P day for the DAX yesterday, doesn't get much more bullish than that.
 

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Dax - Double Distribution. First one I've seen for a while...Value has been accepted lower...
 

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Ahh, the glorious DAX! I sometimes wonder why I bother to even analyse this index.

Observations over the past few years seem to suggest that patience will readily reward trades in either direction!

Fun for all the family!
 
Wow, what a one way street on the Seng today!!:eek: Nice gap fill and then 'Lead Balloon' impersonation!


CanOz
 

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Seems whatever the sellers are excited about, its just got worse...

CanOz
 

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Back to basics on my DOM reading, got the easy read DOM hidden and the IB DOM looks like part of NT now:D

All this on my laptop for practice!

CanOz
 

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From Yahoo...

12:45pm: In New York City right now: All tunnels and bridges in and out of Manhattan are reported to be closed. There are reports that the trading floor at the New York Stock Exchange is under 1 metre of water. There are photos of water flooding into subway stations and into the construction site at Ground Zero.

I would imagine that might take a while to clean up/fix?!
 
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