5 min bars were 10+ handles wide today both ways ... days like today.. even w accurate entry.. stops need be measured in handles vs ticks...
On average, Algos will hunt stops accordingly... retail stops are usually clustered and rather easy to tag, fyi
Heavy`s are in charge for now..... run to 3320 last nite appears to be noting more than a NL kiss off the HS on YM & ES Daily....
Hands Hi- Chin Tight-- be selective & fight that fight
I’ll completely disagree with that... charts are required imo..
5 min chart, TLs and Fibs are all I need... throw everything else out the window including stochs, macd, rsi, etc..... the more indicators just slows reaction time....
What most of you guys already know but some need to understand is B1 is Not a trader.... he’s an investor... y the very definition.... buys and stay long the bull market.. plain and simple...
You could have faded every short term call and have been up a 50 Fold! Bollinger Bands are not...
This data center is located on the corner of Island & MacArthur here in Mahwah... This place was pushed thru at our township council meetings under the guise of a “ Data Storage facility” w/ very very thick envelopes exchanging hands under the table ... knowing full well it was going to be...