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  1. N

    Job numbers hot, rates up, inflation up... markets up big-time?

    I do absolutely agree that I am pushing it with my suggestion for the trades, but at the same time, they are following the same concepts of just buying swing lows and selling swing highs. Of course its better if its on an hourly chart, since that low or high is more prominent than a swing low...
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    Job numbers hot, rates up, inflation up... markets up big-time?

    I think what most of us just want to see is either trades posted in real time, or a chart with your trades marked on it by the platform. Then we can see how you're taking your trades and if you are following the KISS rules. Here is the chart from Friday. We had a big drop at 8:30 after the...
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    Time to lock in 4.7% returns on your savings for 10 years?

    This is true for any banks. Lots of people out of the UK had their banks closed down. Now granted, the money wasn't frozen, but you were essentially give a 2 week notice to take all your money out because they were closing your bank account.
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    "Do trendlines work?" + Confluence of support... SP 4200?

    Of course the market doesn't care about my position, but my account does. And although its easy to just say you will let your stop or target hit, when your entry isn't so good, it sucks watching it go against you even though you know the trade isn't invalidated yet. But maybe after too many...
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    "Do trendlines work?" + Confluence of support... SP 4200?

    Honestly, my biggest issue is I don't get the wins. I move the target far too often to lock in a tiny profit, especially after it goes against me. My losses are usually bigger than the wins, even though its obvious about 10-20% of trades would hit a nice profit. Its just difficult to hold for...
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    "Do trendlines work?" + Confluence of support... SP 4200?

    Trust me... I fuck that up easily... LOL
  7. N

    "Do trendlines work?" + Confluence of support... SP 4200?

    I'm just at the point after many years where I just care about application. Honestly, everything in trading works sometimes. The secret is knowing when to make it work and when to stand clear. This only becomes evident with entries. Don't get me wrong, nothing that you say I disagree with as...
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    "Do trendlines work?" + Confluence of support... SP 4200?

    In reality though, that isn't gonna be a 20 point trade because how do you know to exit right there? You perhaps only capture 10 because you maybe slide up your stop and trail it at bar lows or other swing lows. And then, if you try again at D, you perhaps give back most of your profits. So...
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    "Do trendlines work?" + Confluence of support... SP 4200?

    This is the problem though. The entry is usually against the direction of the current trend. If we head down to 4200, as you suggest at the beginning of the thread, it means the immediate trend is down. So you're catching a falling knife. If as you suggest you wait to see it bounce a tick or...
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    "Do trendlines work?" + Confluence of support... SP 4200?

    Clarification here please. What do you mean by "properly"? Does this mean you enter every trade on a trend line touch or possible matched low or high? No entry criteria or confirmation that it is a double bottom or double top? Just take the trade and either let it hit the stop or manage the...
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    Get long

    This course all of a sudden sounds way more interesting. You option guys are always trading volatility or stuff like this, which is too complex for me. But if you are going long and short stocks or indexes, that is up my alley. Sadly... I'm in no position to even pay 10% of your fee, but I'm...
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    Get long

    And what does no optionality mean?
  13. N

    Get long

    Is there a lower tier pricing structure for someone too stupid to understand the material but who nevertheless wants to have a glance into what you are doing?? I just figure that since you always beat up the guys who use TA/PA, it would be nice to get a sense of what you do. PS. I don't even...
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    ES Journal - 2023/2024

    Can you comment more on this? What are you looking at? Do you mean you just need to sit down and look at the charts or you want to see the overnight action after the strong close today?
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    ES Journal - 2023/2024

    I've been noticing for quite some time that you calls are usually excellent. What is your crystal ball? With this particular one, we never did hit 4367, but we came close-ish to 4280. I see LF is thinking maybe the low is in for the week, would you also consider that the low today is it, or...
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    They Work in Crypto, ...

    Totally agree. As excited I am, I can see a major fork in the road where they try and blame bitcoin for the reasons why the system start collapsing. I see it playing out in the media with other things. The woke narrative is so strong right now and nobody goes down without swinging. So the...
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    They Work in Crypto, ...

    No idea what Booth is so I can't give you the recognition you're wanting... LOL
  18. N

    They Work in Crypto, ...

    Actually no. It is built on theft. Read enough to understand how the World Bank and IMF go into countries in order to steal their resources and put them on the USD debt standard. Technology has grown at a very fast pace, but only because someone else paid for it. The monumental rise in...
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    They Work in Crypto, ...

    Another point to this is that your example is very specific. Nobody thinks that everything has to be on a world wide distributed ledger. Blockchain is useless for many applications. I'm happy to keep my money in a bank that is used to deposit my paycheck and pay bills. But that bank is...
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    They Work in Crypto, ...

    Ok, I see your point. So Joe is broke and doesn't want to lose his $800. But the reason he is broke is because the current system robs him. He lives month to month, can't ever save, prices out of control, and all so that those at the top can live a good life. He is a fiat debt slave. Once...
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