Recent content by Arni

Hi Traider, Which one out of these two makes more sense?

Hi Traders, Two days ago I learned about Elliot waves and have been drawing legs on very chart I pull up :D; Considering the possibility of having a horizontal triangle as the first corrective mode in an ending diagonal, where would you draw the next sub-waves in the second picture(QMF2022...

this one kept on printing bearish divergences for a good while before breaking the structure. If you were to drop down to the 1min chart to look for an entry for a quick in and out scalp- not necessarily the /QM- would you treat it any differently to the one on the 1h? I know when you're right...

Haha, I'll give it a try next time I go horse riding :D

Thanks, got a bit lucky on this one Iguess :)

Haha, figured :D

I mostly do swing but this one was a short scalp, first target price was $83.97(+1 Standard deviation on 4h) and if it rejected the zone area would let it go to $83.475(S/R)

Will do. ES and QM are both $12.50/tick but ES is like 4 times more expensive.

Wow, brilliant food for thought, thank you. Initially I picked /QM as its one of the most affordable even though the volume barely exceeds 20k/day. /ES and /GC make my top 3 futures, but the capital inflows and outflows aren't related, at least that's what I assume :)

My timing was off by merely 2 candles, each candle one hour :p If I trade the 1min it would reduce my timing problem by a huge margin, don't you think :D

Gonna keep coming back to this page for a good week, please feel free to leave as many tips as you'd like, I have a lot to learn :)

Haha, but you made the necessary adjustments, care to share those adjustments? I'm all ears :) have any advice for a younger you?

Do you think it would come down to $84? it's the +1.5 STD Dev

Hi SunTrader, you mean the inverted hammer?