Recent content by tupapa

Yes, I also find it bizarre how it seems like everybody focuses on the intra-day. Also, the daily seems a much better choice to illustrate the principles of the SLA, since it can be updated a leisurely pace and trades can be posted in foresight. I posted this on Gringos thread yesterday but...

Hi Gringo, I thought u might be interested in this, the range is very clear and traders just rejected resistance. A LH here seems like a decent entry, thanks for the updates, its good to read what other traders are seeing on the longer timeframe.

DB, seeing as today price broke below the mean, do you stay short and avoid looking for longs until we reach the lower trendline??

Why do you look for a short, just because price is at the top of the channel? Price has broken out of channel upper limits on countless occasions. For instance the upper limit of the channel from the 2009 lows, where so many were looking for a market top in January now seems meaningless since...

Seems like C and BAC just reversed at resistance and an entry is justified. Stop loss above Resistance or at the break of the 60M supply line, albeit this seems tight

Are u already short? if not where is your entry?

Jesus christ that´s a lot of lines! I am not sure how you can anticipate all those price waves, I struggle anticipating the following wave let alone the next 10 waves.. But it seems like you know what you are doing, let´s see how it all pans out, I´ll post my entry.

Hey gringo, I remember you used to be a fan of the yellow metal, it is looking good to be at support for a long term long, maybe a once in a lifetime buying opportunity; - Bounce at the monthly 2005 Trendline. - Support holding for a third time IF the next downwave results in a HL, I see a...

why don´t you just buy the stock? whats the benefit of buying the put?

Sorry, I don't think I made my question clear. Regarding the upper limit of the major 2009 trend cannel, does it remain where it was some months ago or is it moved to track the last swing high? (red line on the image attached). Also, it seems to me that your approach has changed to some degree...

DB, looking back at the 2009 Trend channel, price ignored the oversold level and broke out of the channel at point A. Do you now move the upper limit of the trend channel to the last high made around 4110 or does the original channel remain and you consider all action above the channel to be...

Db, if I understand correctly you are suggesting downside targets for the NQ. Why did you initiate a short or will? Is it just because the market is at the top of the channel you currently drew? Because price has been at the top of channels on countless of ocassions and ended up breaking...

Minor pause? it corrected the entire previous downswing, time to look for longs at support

Gringo, DB et al. I am following 2 stocks that show strenght; Blackberry, from Gringo´s analysis above looks like a great buy if there is a bounce of Support and a succesful test. E-ON, find the chart attached, to me shows good support at this level, and after 7 years of consistent...

It isn't that the market is trying to put anything over on anybody; there just aren't any buyers left. Why do you say there aren´t any buyers left? It's a little early to be concerned about reversals, but you never know. May and June are the usual months for pullbacks. But May is two...