Search results

Those are 1/2 correct questions. "Properly" always means "close to support/resistance hold or break"... where r/r is best. A "trendline touch" may or may not be a matched high or low. You can aggressively "dive in" on a test of support or wait for a bounce. And by "bounce" I mean even a tic...

Apparently there is also some 6% yield money... don't know the detials.

Banks don't offer a "locked-in" rate for that long unless they think that rates are going higher. They want to lock in a "low-cost source of funds" which they can lend to others at a higher rate. Lots are claiming, "THIS is the top in rates". They don't know, they're just guessing. Odds are...

The principles of "Price TA...KISS" do not make allowances for "filters" or "confirmations".... not even "volume". Those complicate decisions. An anecdote about "keeping it simple"... Years ago I used Meta Stock software. Equis (owner of MS) came to town to pitch an upgrade version... for...

"Bull Pivot Support"... that's more Price TA.

Only a bonehead would miss the "4-arrow support" play.

Knee jerk reaction that the government didn't shut down, is my guess.

Here's another example... "Sell Resistance". This is a "matched high" in the NQ... 2nd arrow. And please, no whiners with your "this is bullshit unless you post your trades in real time". I didn't get this trade... occurred overnight while I was asleep. Whether or not I got it is...

You say this and that's the right idea. Then, you go on and describe the "additional things you need to see" (aka "complications") for you to execute the play. An old timer once said, "Simplify your method as much as possible. When you've done that, simplify again".

I hadn't before thought about the specific definition of KISS as it applies to Price TA. I like this. :) Why is "simple" so important? Because everything which is more complicated is more difficult to keep track of and execute. It's essential to focus on "simple reasons" to put your money at...

1."Reversed...before reaching actual target". You may have a target in your mind, but the market doesn't have one. 2. I never said "doesn't require quick reactions". KISS is about uncomplicating the thinking/process. Simple indications, simple triggers and rules. (No complex patterns... no...

I'm going to do you a solid. I'm putting you on ignore so you don't feel any condescension.

Of course you know "when to buy/sell"... when market has bounced at S/R even just a small bounce.... because that could be it. There No guarantee it will follow through and not reverse on you... so you use a tight stop. There is no "skill" to it... "see it bounce and play it". It's also legit...

Update.... There is a 4th support structure at the confluence. A gap, 4241-4221. Market hit 4238 today. That may satisfy the gap and may end up being the bottom of the correction (if that's what it is). FWIW...

My experience... "occasionally", not "multiple times". In the plays I've indicated over the last week... there were ZERO false breaks! (There was one "failed hold", but that's a different chapter.)

You don't realize it, but you're arguing against your belief. False breakouts are usually good signals. That is, false breakdown and recovery = good buy indication. False upside breakout and recovery = good sell indication. (I understand you don't like the hassle of the "false" part...

You can't do anything about "tricks and traps". You just have to cope.... and they don't occur all that often, comparatively.

You've brought up this "false breakout" notion before in my posts... seems like you're obsessed about it. Not understanding how it REALLY is... is holding you back. What you have described happens sometimes.. not what happens most often. And yes, "everyone would be rich simply buying support...

You apparently don't get the point at all. When I post support/recently plays like recently... the importance is NOT "here's a trade in hindsight", but rather "similar technical setup trades occur often and usually work out the same". So.. one can learn what they are and watch for when they...

If I posted trades some would want me to explain "why'd you do that"? Then I'd have to capture a chart and explain it all. Not gonna do that. I'm not looking to impress anybody... just throwing a bone to the board so that y'all might catch some obvious setups.