Crawler

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09:09:00 From Renato : GM E
09:09:31 From Dennis Parmelee : hi Renato
09:09:35 From Dennis Parmelee : hello all
09:11:54 From Dennis Parmelee : gap traders paid by 48
09:12:12 From Dennis Parmelee : 48.5 gap
09:12:21 From Dennis Parmelee : and 48.75xxx
09:16:13 From Zeek Snodgrass : could open xxxas range idea
09:16:35 From Zeek Snodgrass : I think we are waitng for Fed minutes today and bank earnings tomorrow
09:16:51 From Zeek Snodgrass : Just looking for a correction
09:16:56 From Zeek Snodgrass : then will see
09:17:45 From Zeek Snodgrass : uh oh, only last 5 minutes matter?
09:22:22 From Dennis Parmelee : in the pipe xxxxx
09:29:10 From Simon : NQ – mid 60s was Monday and Tuesday close
09:29:43 From Dennis Parmelee : right
09:30:49 From Dennis Parmelee : inside day likely ahead of news
09:31:07 From Dennis Parmelee : 2 way day
09:31:15 From Dennis Parmelee : fade extremes
09:32:30 From Dennis Parmelee : today could break both sides of overnight range
09:32:44 From Dennis Parmelee : and still be inside day
09:33:45 From Dennis Parmelee : xxxx
09:33:58 From Dennis Parmelee : so think small
09:35:42 From Dennis Parmelee : 44 is still magnet from yesterday
09:37:15 From Dennis Parmelee : risk 2 make 2
09:42:03 From Zeek Snodgrass : JOLTS at 10am
09:45:31 From Zeek Snodgrass : volume low today
09:53:03 From Zeek Snodgrass : Changing my calender back to August
09:58:44 From Zeek Snodgrass : market is like a zombie with no soul
09:59:15 From Zeek Snodgrass : that is what you get when people are not making active decisions in the market place
09:59:26 From Zeek Snodgrass : creation of the central banks
10:00:11 From Zeek Snodgrass : Cantral banks made a terrible mistake following Bernacke doctrine
10:00:23 From Zeek Snodgrass : They are heroes only their minds
10:01:31 From Dennis Parmelee : if can get to 45 test be happy
10:01:41 From Dennis Parmelee : xxxxx
10:02:02 From Dennis Parmelee : range trading and not much energy
10:03:53 From Dennis Parmelee : 3.5 points
10:04:08 From Dennis Parmelee : need at least two entries to get 4 points
10:04:33 From Dennis Parmelee : flat blue line and choppy
10:04:37 From Dennis Parmelee : 5 rth
10:04:43 From Dennis Parmelee : says dont overtrade
10:05:11 From Dennis Parmelee : if news comes out at 10
10:05:17 From Dennis Parmelee : we want to be flat
10:05:20 From Dennis Parmelee : and react
10:05:30 From Dennis Parmelee : thats why need at least two entries
10:06:21 From Zeek Snodgrass : inside day
10:06:54 From Zeek Snodgrass : like standing on the tracks waiting for a train
10:08:35 From CS : haha
10:22:07 From Dennis Parmelee : pg isxxx
10:22:12 From Dennis Parmelee : for xxxx
10:24:09 From Dennis Parmelee : still xxxxx
10:24:18 From Dennis Parmelee : then xxxx
10:24:32 From Dennis Parmelee : may take 2 days though
10:25:31 From Dennis Parmelee : noisy here
10:25:38 From Dennis Parmelee : cutting grass and trimming
10:30:37 From Zeek Snodgrass : Bulls have 3 tick xxx
10:30:54 From Zeek Snodgrass : hard to trap shorts when volume is dradfully low
10:31:25 From Zeek Snodgrass : I think we have a 500K non holiday volume in our near future
10:32:50 From Dennis Parmelee : tails under 47.5
10:33:35 From Dennis Parmelee : IB breakout for 50.5/ 51 test
10:34:05 From Dennis Parmelee : need 47 to hold
10:34:16 From Dennis Parmelee : dont chase it
10:34:24 From Dennis Parmelee : range too small
10:50:43 From Dennis Parmelee : https://www.bloomberg.com/markets/economic-calendar
10:50:51 From Dennis Parmelee : Fed Up
10:51:28 From Dennis Parmelee : you would think market would eschew risk
10:51:37 From Dennis Parmelee : but usually we bounce up into news
10:51:51 From Dennis Parmelee : so hard to think of a plunge today
10:52:18 From Dennis Parmelee : as market generally goes rah rah
10:52:26 From Dennis Parmelee : then we get reaction
10:55:07 From Dennis Parmelee : https://www.bloomberg.com/news/articles/2017-10-10/nobel-economist-thaler-says-he-s-nervous-about-stock-market
10:58:04 From Zeek Snodgrass : My car acts like this market wehn it runs out of gas
10:58:47 From Dennis Parmelee : my bod does too at the end of the day
10:58:50 From Dennis Parmelee : lol
10:59:08 From Renato : Traders who “need” to trade every single day will lose money.
10:59:19 From Dennis Parmelee : yes
10:59:27 From Renato : Some traders think they have to be in the market on every little swing.
10:59:29 From Dennis Parmelee : i normally like outside in
10:59:43 From Dennis Parmelee : going back to the middle
10:59:50 From Dennis Parmelee : regression type ideas
10:59:57 From Dennis Parmelee : sp does that a lot
11:01:18 From Dennis Parmelee : rth angel 47.5 and demon 48.5
11:01:23 From Dennis Parmelee : xxx
11:01:30 From Dennis Parmelee : geez what a surprise
11:01:48 From Dennis Parmelee : xxxxx
11:03:56 From Dennis Parmelee : if trading ahead of news
11:04:02 From Dennis Parmelee : try for a few points
11:04:13 From Dennis Parmelee : you can use as risk capital later
11:04:22 From Dennis Parmelee : when bigger move expected
11:04:36 From Dennis Parmelee : typically at double top or bottim
11:04:55 From Dennis Parmelee : assume they hold first time back
11:09:04 From Zeek Snodgrass : be back for Fed minutes
11:13:52 From Dennis Parmelee : dont chase and short stop is 52/53
11:17:21 From Dennis Parmelee : bumped 1 tick hgher
11:17:58 From Dennis Parmelee : whoopee do
11:18:25 From Dennis Parmelee : 4 point range rth
11:21:15 From Dennis Parmelee : xxxxx
11:26:51 From Dennis Parmelee : stops down iif shorting
11:26:55 From Dennis Parmelee : at 48
11:27:20 From Dennis Parmelee : xxxxx
11:27:29 From Dennis Parmelee : xxxxx
11:30:32 From Dennis Parmelee : xxxxxx is a pivot
11:37:42 From Dennis Parmelee : squeeze long
11:37:56 From Dennis Parmelee : higher high higher low
11:41:52 From Dennis Parmelee : and not yet 5 points
11:42:00 From Dennis Parmelee : nobody wants it
11:43:55 From Dennis Parmelee : take long lunch
11:44:17 From Dennis Parmelee : dont think about anything big happening
12:06:41 From Dennis Parmelee : hh and hl
12:06:54 From Dennis Parmelee : fed up squeeze
12:08:36 From Dennis Parmelee : back later
12:15:34 From Simon : NK and FOMC minutes excuses for stop pops
12:16:11 From Simon : I have NQ and DOW positions, waiting to place ES
12:17:16 From Simon : xxxx  seems a nice and easy number to type
12:19:08 From Simon : very nice TL on the highs hits 2555xxxxx
12:30:29 From Simon : xxxx NQ bought like an insane person. Bulls still pushing
12:55:30 From Dennis Parmelee : fed up
12:55:48 From Dennis Parmelee : xxxx
12:56:02 From Dennis Parmelee : xxxx
12:56:58 From Dennis Parmelee : xxxx
12:57:50 From Dennis Parmelee : dtop test xxx
12:58:01 From Dennis Parmelee : xxxxxx
13:06:55 From Dennis Parmelee : nq
13:07:09 From Dennis Parmelee : if xxxx
13:07:19 From Dennis Parmelee : then xxxx
13:07:29 From Dennis Parmelee : so pop to xxxx
13:07:39 From Dennis Parmelee : mid pivot becomes xxxxxx
13:07:51 From Dennis Parmelee : xxxx ow pivot
13:07:55 From Dennis Parmelee : keep it simple
13:07:58 From Dennis Parmelee : brb
13:59:04 From Zeek Snodgrass : drum roll please
14:00:01 From Dennis Parmelee : fade spikes
14:00:14 From Zeek Snodgrass : I think the Fed will propose replacing Columbus statue with Bernacke statue
14:00:38 From Zeek Snodgrass : I hope they use the shocked look when Lehman failed
14:01:05 From Dennis Parmelee : core idea xxxx
14:01:10 From Dennis Parmelee : first
14:04:33 From Zeek Snodgrass : Here is what I found in the Fed minutes:
14:04:50 From Zeek Snodgrass : They overwhelmingly favor rainbow sherbert
14:05:32 From Zeek Snodgrass : Bernacke had all the wrong answers
14:06:00 From Zeek Snodgrass : They are afraid Trump will sent them all to Gitmo
14:08:54 From Zeek Snodgrass : not one little bit
14:11:29 From Dennis Parmelee : no contra today
14:11:40 From Dennis Parmelee : just chop
14:12:06 From Dennis Parmelee : paid by 52 or 2:30 if long
14:13:03 From Dennis Parmelee : we need action to get reaction
14:14:28 From Dennis Parmelee : no action = hard to expect much reaction
14:15:00 From Mike : y this is definitely, no action
14:18:31 From Simon : VIX drops… nothing to see here lol… bbl, bedtime for my kiddies
14:20:05 From Dennis Parmelee : 49.25 soc
14:20:12 From Dennis Parmelee : still inside day
14:23:22 From Dennis Parmelee : take 2 and call me in the morning
14:24:24 From Zeek Snodgrass : this is demon setting bar
14:24:43 From Zeek Snodgrass : Fed has no clue
14:24:47 From Zeek Snodgrass : just excuses
14:29:26 From Dennis Parmelee : the short was an odds idea
14:29:29 From Zeek Snodgrass : tomorrow is pick on Fed day
14:29:40 From Dennis Parmelee : within 1.5 of ath
14:29:46 From Mike : i think maybe so z
14:29:52 From Dennis Parmelee : no follow thru
14:29:57 From Dennis Parmelee : no worry
14:30:04 From Zeek Snodgrass : Feed stand for F word egotistic duffices
14:30:08 From Zeek Snodgrass : Fed
14:30:31 From Zeek Snodgrass : xxxxxxx
14:30:31 From Dennis Parmelee : lol
14:31:14 From Zeek Snodgrass : I generally find that watching Daffy Duck and Elmer Fudd is more intellectually stimulation that reading the Fed minutes
14:31:34 From Dennis Parmelee : who reads them?
14:31:39 From Dennis Parmelee : no cartoons
14:31:51 From Mike : i only read the reaction
14:31:54 From Zeek Snodgrass : lol
14:32:12 From Zeek Snodgrass : reaction is no confidence vote
14:32:29 From Zeek Snodgrass : they only have one trick and it is really stale these days
14:35:20 From Mike : back for close
14:35:51 From Dennis Parmelee : ok mike
14:35:59 From Dennis Parmelee : xxxxx
14:36:48 From Zeek Snodgrass : Question: Is it a crime to hord relief supplies that are intended ofr other people?
14:39:12 From Dennis Parmelee : like a second bottle of wine?
14:40:00 From Dennis Parmelee : 52 was right reaction zone
14:40:12 From Zeek Snodgrass : Not quite, food water and medicine
14:40:13 From Dennis Parmelee : but wimpy reaction
14:41:37 From Zeek Snodgrass : too busy playing with kitten
14:42:16 From Zeek Snodgrass : The situation I outlined is what is happening in Puerto Rico
14:42:40 From Zeek Snodgrass : I fail to see why criminal charges are not being made against those in charge
14:43:38 From Zeek Snodgrass : One way to insure a fresh start and brighter future
14:43:46 From Dennis Parmelee : any rebuys above 48.75 are gravy
14:43:55 From Dennis Parmelee : xxxxx
14:45:05 From Zeek Snodgrass : I am out of time to trade given the extreme volatility
14:45:10 From Zeek Snodgrass : cya all tomorrow
14:45:11 From Zeek Snodgrass : gn
14:45:42 From Zeek Snodgrass : lack of good ideas today
14:45:55 From Zeek Snodgrass : one: LUNCH
14:45:58 From CS : thanks Zeek
14:45:59 From Renato : Thanks Zeek, GN.
14:46:14 From Dennis Parmelee : gn zeek
14:53:53 From Simon : im a crazy man but 42 xxxx  looks juicy
14:54:29 From Dennis Parmelee : lol loonie in fact
14:54:31 From Simon : holdingxxxx
15:03:56 From Renato : I like that idea *IF* it closes below 50-49 today
15:04:52 From Di : as u say dennis, a page from the criminal handbook will most likely give us the short we all want in the middle of the nite
15:05:18 From Di : so no non-bots cant get a piece
15:14:29 From Dennis Parmelee : retest or retest failure?
15:14:38 From Dennis Parmelee : no one knows until hindsit
15:14:49 From Dennis Parmelee : t1 at 52 55 is t2
15:16:20 From Dennis Parmelee : xxxxxx
15:16:27 From Dennis Parmelee : xxxxx
15:16:47 From Dennis Parmelee : 48.75 = xxxxx
15:18:07 From Dennis Parmelee : shorts after 3:30 best odds
15:18:14 From Dennis Parmelee : especially if new high
15:18:38 From Dennis Parmelee : meaning 53.5 +
15:18:56 From Dennis Parmelee : rabid snail day
15:18:59 From Dennis Parmelee : fed up
15:19:08 From Dennis Parmelee : tomorrow better for short
15:19:14 From Dennis Parmelee : or late today
15:19:20 From Mike : tonight maybe
15:19:24 From Mike : i plan to take a look
15:19:46 From Mike : y
15:33:29 From Dennis Parmelee : 1tic hgher high
15:33:39 From Dennis Parmelee : 53.75
15:33:48 From Dennis Parmelee : is nasty target
15:34:05 From Dennis Parmelee : stop 55.5 for shorts
15:34:22 From Dennis Parmelee : 56.5 is a target
15:34:28 From Dennis Parmelee : doubt it gets there today
15:36:04 From Dennis Parmelee : profit taking time
15:36:09 From Dennis Parmelee : after 3:30
15:37:05 From Dennis Parmelee : trail only
15:37:13 From Dennis Parmelee : above 50.5
15:37:22 From Dennis Parmelee : previous high
15:38:11 From Dennis Parmelee : xxxxxx
15:38:23 From Dennis Parmelee : second attempt
15:44:40 From Dennis Parmelee : we need retesting xxxxx
15:44:48 From Dennis Parmelee : inchworm trade
15:46:07 From Dennis Parmelee : bot wants new high
15:46:43 From Dennis Parmelee : risk reward no good for longs above 53
15:50:58 From Mike : E are you using the fib tool when you are drawing the MM lines?
15:51:53 From Dennis Parmelee : xxx
15:52:04 From Dennis Parmelee : then xxx
15:52:15 From Mike : right but the drawing tool you’re using is it just the fib tool and you’ve adjusted xxxx?
15:52:59 From Mike : got it thanks that what I’ve done but didn’t know if in Ninja 8 there was another option
15:54:17 From Mike : unfortunately xxxxxx
15:55:16 From Renato : Sorry E, would you show me those numbers again for the fibs, please?
15:57:03 From Mike : they are xxxxx
15:57:12 From Renato : got it! Thanks.
15:58:05 From Renato : great, a real simple and powerful idea.
15:58:34 From Renato : ok, got it.
16:00:42 From Renato : pure math, easily programmable.
16:01:07 From Renato : most of the time it will respect those levels
16:07:17 From Mike : have a good night everyone
16:07:21 From Mike : haha yeah
16:07:37 From Renato : Thanks again, E. GN ALL
16:07:46 From Mike : thanks E
16:07:57 From CS : thanks E
16:08:29 From Dennis Parmelee : good night Carin
16:08:33 From Dennis Parmelee : night all