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Half out @ 3810 +18

@ammo, is that you? Oh, wait, he was a permabear. :)

I'm banking on 3820 for HOD.

It remains to be seen, but we haven't seen the HOD yet.

Long 3792 SL 3787

So I need to be an "elite day trader" to post a reply? :rolleyes: Whatever. Anyway, your question largely depends on couple factors. First, does the instrument you trade have enough liquidity, namely is the spread between bid and ask thin or wide? If you trade thinly traded stocks with a wide...

¿Siempre estuviste loco y no me había dado cuenta? :confused:

You sure know how to spot a great trader. :finger: :D

Out 3783 +22

Now that you've brought up the memory of Jack Hershey's trading method, I'm really not sure where to formally categorize his method, even though with all its convoluted lines it could (technically) be lumped into PA proper. One thing's for sure though. You want your chart to be as clean as...

That thread was created by @dbphoenix, and if I'm not mistaken, he's a disciple of Jack Hershey. Sorry but I steer clear from anything Jack says like a disease. :D I know who Redneck and NoDoji are. But I don't recall any of their strategies other than the fact that NoDoji promoted Al Brooks on...

This market is poised to go higher until it gets spooked by the FOMC (but seriously, how much more can you possibly get spooked at this point). I think Wall Street is just playing with everyone's head. They're artificially pumping up the market to cushion themselves prior to the next drop ahead...

Flip short 3805 +16 SL 3811 PT 3783

Been there, done that. Sucks but that's part of the game. Anyway, we'll likely see 3900 before reversing down.

Huh?? That usually happens at the top, no? Have you ever heard of "bottoming" or "basing"? Once it breaks out of the range, you will see a burst like this. BTW THAT'S DUE TO MOSTLY STOPS PLACED JUST ABOVE THE RANGE. HENCE WHY YOU SEE IT COME RIGHT BACK DOWN.

LOL :D

Did anyone also get the memo for the HOD at 3825?

WTF? Are you going to make these threads EVERYTIME we make a blip?? A dead cat bounce in a bear market can be strong enough and long enough to make you go broke. Yeah, eventually it'll come back down, but you'll be insolvent by then. Trade what you see, not what you think might happen.

Long 3789.25 SL 3764 PT 3824

Out and flipped long 88 (+4) SL 84