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Good tip so far. :)

Up & away time...... We're under the top of the trendline but in the early stages of a new swing move the angle can change. Starting to regret all the sales I made last week... The "stair step" pattern is one of the easiest to trade, but it's not easy if you only buy on declines.

Century dow industrials count. Mr. Prechter called the top in 2012-13 and then revised their count after it made a new high. What an eye opener that was for me. There are usually many possible solutions and very few really tradable situations with EW, but it does make you think, which can...

It's looking like a swing pivot here if next week continues up.

OP: just get out. Don't negotiate with your losers, dump them! It's much easier to think clearly when you're no longer getting flogged. If you hold, it might work this time but you will have been trained by the market to eventually get wiped out. If you can't cut losses, it's only a matter...

I might be off my rocker, but it looks like there are a few winning traders in here. :) Nice to know they actually exist!

Waiting for the gap to close.....

Bot 100 IRBO this morning thanks to your tip. I know, shouldn't take tips, but it's in the buy zone and the market mood is getting happy out there. Why not.

It very likely could blast up from here. Might bounce on the neckline or splash thru to close the gap.

Nice little pop on the open, I'm out.

Just moved out of cash in the 401k, (fidelity brokeragelink). Added Azo, Adp, Crox (hey it's got a great flag in the workz)

Curious how you pick the 100% base when pulling that grid. I'm accumulating TQQQ for a swing long. Waves are compounding nicely in the flag.

You're making a good middle class living at this. To think I spent five years in engineering school and could have just been a trader instead (which is probably what I wanted)... Nice! *edit- I'm long another wimpy 100 tqqq, looking for the third wave off this flag....

He was right last time and I thought he was crazy. Sometimes I wonder if insiders create accounts here, make newbie style posts, then tell us what is going to happen so they can watch with joy as we go the wrong direction. Like taunting a mouse that has no hope of escape.....

Nice little support bounce to start the morning. Long 100 tqqq just below the top yellow line. I think this is the pattern nysestocks was showing in that infamous thread, over 10 years ago, that was "obvious" *edit - gap now closed, out of position

Now in a buy zone, but this one's fundies are terrible. Might want to wait for some strength before pulling another Jack Morgan:

When I first started trading it was "obvious" to me that the ultimate buyer of my positions would be losers. I struggled morally with this for many years. And even now after learning some positive expectancy setups, I still think my subconscious mind prevents me from holding winners because I...

Yeah I've always thought that to be the case, based on my limited knowledge of how farmers sell forward their crops to get money for seeds (at least I believe this is how it works). Who knows. As soon as we notice a correlation, it will probably stop working.

That seems like a great tip, and similar to how bond traders catch the recessions and bear markets before stock traders (inverted yield curves and such). Updated century dow count. Start of wave B up, or just a bull trap on the way to MAXIMUM PAIN?

A very shrewd and famous world leader once declared "there are known knowns, known unknowns, and unknown unknowns." And this latter type is the most dangerous. Due diligence and diversification are one way to deal with gap risk. Because you never know..