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Stopped me out and price quickly reversed. Now it's nearly back down to 52. This always amazes me. If you fade my stops, I assure you will be rich. :)

Short 52 SL 61

I think I did include the price target in that post, which was tagged. Anyway, for the most part, I do mention where the stop loss will be in all my posts. So if I don't post back, you can safely assume that it either hit the PT or got stopped out. Hope that helps. :)

Good morning folks. Long 3680 SL 3666 (Today's HOD, should we repeat yesterday's monster rally, should be around 3800-ish.)

More to the point: you don't need to beat the market. You just need to stay ahead of the guy who is dumber than you. This might sound trite on the surface, but think about it and let it sink in. Even more to the point: market doesn't care whether you make money or not on a daily basis. But as...

Short 3734 SL 3741 PT 3711

I think the following statement perfectly summarizes the problem of this thread.

If we get a follow through tomorrow, I see 3800 in the making. But that's a tough sell. Instead, I think we will trade lower in the ETH and gap down in the morning, followed by a rally to close about where we closed today or possibly a little higher. What qualifies as "imbalance"?

Okay, that's all old news. Tell us what's in store for tomorrow.

Man, you already broke the most important principle of posting trades. First, you intentionally left out the time marker on the chart. Is that an intraday or a daily chart? Second, you vaguely pointed out that you've entered short by drawing a box. You didn't even specifically state at what...

Sorry, but I ate the cheese already. No cheese for you. :) Anyway, you really should post your trades in a manner that is easy to follow. From what I can tell, you mention vaguely that you've entered a trade some 2 weeks ago and you're already sitting plush on massive gains. You should also...

Can you revisit my earlier post to you? :)

Man, look where you would be had you waited just 30 more minutes... :D About to punch through the HOD...on our way to 37...37 what? Now at 3740...10 more to go... Now at 3745...5 more to go... Now at 3748...2 more... On she goes clawing her way up to 3748.50...gasping for breath... And...

Houston, we are ready for take off.

That depends on how many staunch bears are still left to squeeze. Most of today's rally is likely from short squeeze rather than outright buying by the bulls. Still hopeful we will see 3750 for the HOD.

Oh, now, come on. :fistbump: You read my memo above.

My sources are telling me the bears will get their ass raped tomorrow. There are too many scared money among the bears. We need to shake them off before going down in earnest.

So you're basing your decision (and money) on some past event that might or might not happen? Unfortunately, you need to wait a while. According to this chart, the reversal didn't happen until December 26. We're still in September.

What reason can that be? "The fundamentals are still sound" reasons?

Are you long yet? Hello, you listening?? We're going up.