Search results

  1. Gringo

    House of If You Can Draw A Straight Line

    10:21: Demand is in charge but barely. Could be taking a breather or tired. We'll have to wait and see if demand reasserts. I'd be careful around here. 4329 area. Such silence in activity. 10:22: Looks like a hinge.
  2. Gringo

    Stocks Analysis Using Price Action

    Are you talking about AMZN or the index in general?
  3. Gringo

    Stocks Analysis Using Price Action

    There can be bias and that's why there are rules for entry. Exiting when price behaves contrary to expectations is a free "Get Out of Jail" card.
  4. Gringo

    Stocks Analysis Using Price Action

    I look at AAPL and GOOGL, mainly. One is showing strength and the other is unclear or basing.
  5. Gringo

    Stocks Analysis Using Price Action

    Neither nasdaq nor AAPL have shown much weakness. QQQ is approaching potential resistance around 105 while AAPL is at the top of TC. AAPL is showing more strength than the QQQ so I'll stick with QQQ in case price weakens. Indexes in general have been strong so shorting for now is just at the...
  6. Gringo

    Making of a method

    Solving the life puzzle? You mean the ability to have no stress, anger, fear, or remorse and be joyous? Gringo
  7. Gringo

    Have you used dbphoenix's teachings to become a successful trader?

    Double bottom and double tops are edges. An edge doesn't have to be something complex. The reason there is a mention of TC or TR is that they add to the edge. Picking a long in the middle of a range or at the bottom of it don't have the same probability. For some alignment of stars in an edge...
  8. Gringo

    Have you used dbphoenix's teachings to become a successful trader?

    1 min is just a bar interval. It can be any time interval. I use daily and hourly intervals and at times jump in to 15 mins. The logic is the same independent of the bar interval. Intra-day traders don't have much influence from weekly or daily location unless they are close to an important...
  9. Gringo

    Have you used dbphoenix's teachings to become a successful trader?

    It can be back tested. I don't think it can be mechanically implemented as one needs to understand the behavior and for that some screen time is needed. Maybe some advanced programmer can figure it out but I would say it is not mechanical. The pure SLA can be mechanically implemented but to make...
  10. Gringo

    Have you used dbphoenix's teachings to become a successful trader?

    Limiting Beliefs: Mistakes and failure are bad. I'm not good enough. Change is difficult. What makes me good enough or important is having people think well of me. If I make a mistake or fail I'll be rejected. What makes me good enough or important is doing things perfectly. Old doesn't work...
  11. Gringo

    FREE TRADING ADVICE for aspiring traders

    68 <t <69 min
  12. Gringo

    Gold, Silver, and Indexes Using Price Action

    QQQ Hourly: Demand has been persistent. Gringo
  13. Gringo

    Gold, Silver, and Indexes Using Price Action

    I am keeping my eyes on the developments here. QQQ Daily: QQQ Hourly: Gringo
  14. Gringo

    Gold, Silver, and Indexes Using Price Action

    QQQ Monthly: QQQ Weekly: QQQ Daily: QQQ Hourly: Gringo
  15. Gringo

    Driverless cars will mean the end of mass car ownership

    That is the ultimate freedom, when none of us 'have' to do anything but do it because we 'want' to.
  16. Gringo

    How American Oligarchs Are Pushing America to the Brink of Fascism

    Neither Capitalism nor Socialism have morals. People have morals.
  17. Gringo

    Awesome news article. We never learn.

    It's easy to be blame others for their actions. What's been happening for quite some time is that the yields have become so low that to get any kind of return one needs to invest in stocks. The government or Fed with such low rates has brought about this shift. Those who are retired or on fixed...
  18. Gringo

    MySLAJourney

    Praise is all wonderful and deserved but what have you been doing? Any charts or something would help. Are you profitably trading now or are you still training or figuring out a plan? Gringo
  19. Gringo

    Price Action - NQ

    So your professor also liked W? That's unheard of. Usually it's fundamentals.
  20. Gringo

    Price Action - NQ

    Some of us had to search through the maze of many approaches before we arrived home. You on the other hand started with W! You and 40D both weren't tainted too much and it shows. Gringo
Back
Top