S&P 500 & other indexes - intraday. Plus chat

[Splitlink]

Pat, I could tell you quite a lot about that and people should pay heed to your post, even though it is slightly ironic.

Eastern Europeans are a tough breed, much tougher than we are because we have got fat. They have, also, been brought up on a diet of communist policing. Cases have been brought where there have been as many as four or five of them, all reasonably dressed, spread out along a train station, waiting for the platform to empty and when the first hapless passenger comes along they beat the **** out of him if he does not empty his pockets quickly enough. If a family comes along, they beat the **** out of of a daughter, son, whoever, and tell the parents to hand everything over, quickly. or the same will happen to the other kid.

Spain has had several years of these people and they are ten times worse than the Africans coming across the Straits because they are EU citizens.

So, yes, I can imagine that the Olympics would attract them. I., also, know Rumanians who run commercial businesses and are as good as gold.

 

[Pat494]

Pat, I could tell you quite a lot about that and people should pay heed to your post, even though it is slightly ironic.

Eastern Europeans are a tough breed, much tougher than we are because we have got fat. They have, also, been brought up on a diet of communist policing. Cases have been brought where there have been as many as four or five of them, all reasonably dressed, spread out along a train station, waiting for the platform to empty and when the first hapless passenger comes along they beat the **** out of him if he does not empty his pockets quickly enough. If a family comes along, they beat the **** out of of a daughter, son, whoever, and tell the parents to hand everything over, quickly. or the same will happen to the other kid.

Spain has had several years of these people and they are ten times worse than the Africans coming across the Straits because they are EU citizens.

So, yes, I can imagine that the Olympics would attract them. I., also, know Rumanians who run commercial businesses and are as good as gold.

Back in the 1960s standards started to decline imho.
Even London now, anything not nailed down disappears.
There is no deterrent anymore. So we are saddled with a mixture of Nordic soppyness and American greed. The expected result is obvious, even to slack brained politicians imho

 

[Splitlink]

I got stopped out but am repeating the process on a lower support line on the 2 hour. Have not gone into profit, yet.

 

[Pat494]

I got stopped out but am repeating the process on a lower support line on the 2 hour. Have not gone into profit, yet.

I wonder what your stop is ? About 5 points maybe. Just guessing.

I found the longer the timeframe usually the larger the stops and targets AND the boredom factor becomes more severe. But maybe that's just me.

 

[GrandSupercycle]

SPX good down leg commencing.

 

[Splitlink]

SPX good down leg commencing.

I'm inclined to agree but I have a stop at 1365.8 which I decided to test for a bounce up. It is not costing the earth and the rise might be worth the risk.

 

[robster970]

Greetings from Athens chaps

 

[DionysusToast]

Fantastic view there Rob - I'm jealous...

BTW - if I'm not mistaken, isn't that taken from the holding cells at The Greek Financial Crimes courthouse?

 

[robster970]

Fantastic view there Rob - I'm jealous...

BTW - if I'm not mistaken, isn't that taken from the holding cells at The Greek Financial Crimes courthouse?

LOL - that was taken from the rooftop bar and swimming pool yesterday evening.

Been working today. Flying back shortly.

Back to my old IT/engineering roots. Like to keep my hand in.

 

[counter_violent]

LOL - that was taken from the rooftop bar and swimming pool yesterday evening.

Been working today. Flying back shortly.

Back to my old IT/engineering roots. Like to keep my hand in.

Hope you didn't accept a Gregory

 

[robster970]

Germans are paying.

 

[counter_violent]

Germans are paying.

Indeed they are

 

[DionysusToast]

I just checked into mine - family suite @ the Hard Rock.

Lovely rooms - got a bunk bed, Xbox Kinect, toys, internet & free movie channels for the kids - plus they have their own bathroom.

Got a LOCKABLE door for mom & dads bedroom, plus a porn channel & our own bathroom - no Jacuzzi though....

No trading tonight - will be trying to get the wife drunk so she doesn't get any funny ideas about having sex or anything.

 

[Pat494]

Greetings from Athens chaps

Swanning about in Athens ?

Geez some people get all the breaks !

Hope they have got all their statues and marbles locked up !

 

[Pat494]

I usually give the first 30 mins a miss while the market settles down a bit.

 

[Splitlink]

I usually give the first 30 mins a miss while the market settles down a bit.

I did not, fully, answer your question before. About the 2 hour TF. I only pick out, what I consider to be, most important highs. lows, averages from that and I transfer them to a 5 min chart. Then, around those signals, I go by bar patterns for entry points. It's that I consider slower, 2 hour, averages, etc. to be less volatile than the lower ones and, especially, I have more faith in the directional move .

 

[Splitlink]

Just got stopped for -8. I've been expecting it for some time. That's me done until Monday.

 

[DionysusToast]

points or ticks Split?

 

[Splitlink]

Points. But low stake. I have been going out all day, today, and put this on with a stop to let it do what it wanted.

TBH, after all this time I, still, prefer using points to ticks because they seem simpler, to me. Maybe not professional, though.

 

[piggybridges]

Was at work so couldnt post, but closed this one at 1371.8 for +4.7 handles (as seen on statement)
regards.

Not as good as yesterday, but took 3 handles today on sp500.
cant be bothered to post the chart, but short at about 5pm

(and +34 pips on oil)