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How are you using pivots?

Agreed.

Oh of course. If you could predict ahead of time if it was going to be a trendy day you could just trade in the direction of a relatively fast HMA and make money all day. And fade BBands if it was going to be a choppy day.

All I'm saying is most of the "gurus" on ET who give the most advice actually have no idea what they are talking about, and their advice is vague at best so after you pay for their course that they try to sell you via PM and it ends up not being profitable, they can hide behind the vagueness of...

I agree. Size is the best leverage. But even then you can still mess it up in "black swan" type events without a properly designed money management and positioning system. Which is what you said right here: Actually, I think it's safer in my timeframe. When people start doing it...

So you made one good call. I've been making real time calls for over a year. My current position in SPY is bigger than most traders on this forum's entire accounts. What is "my type"? Cynical yet profitable traders? There needs to be more people like me so people aren't like "U MEAN U CAN...

Downtrend here. I'm not worried. Are you?

I see your lines marking increasing/decreasing volume trends, but it's kind of out of context so it doesn't help me much. Volume is increasing, so what? Volume is decreasing, so what? Volume increasing + price pattern x = ??? Volume increasing + price pattern y = ??? Volume increasing +...

Sorry I must've missed that :o Volume doesn't really help me or factor into my trade decisions. I know there are some people who claim volume helps them figure out what is going on, but I've never seen any correlations between volume and price. Suggests a downtrend. But it depends on...

Seriously tho, would you guys say that if it doesn't bounce off this upcoming trendline that we are no longer in an uptrend? Like at 132ish. Or do you need a lower low to be made, such as something below 130, before the uptrend is broken? There's also in inverted head and shoulders...

well price appears to not be continuing its uptrend. Maybe I was wrong. Wait, I don't predict; I can't be wrong. I'm interested to see what SPY is going to do in the lat hour and 45 minutes of trading today. I did think maybe it would come back down and bounce off that trend line and...

Sorry, by "predict" I meant "predict correctly."

I make my living from trading. I don't have a chip on my shoulder. But predicting where trendlines will be ahead of time? Come on. That deserves some proof. That's bordering on Jack Hershey mythical claims (3x ATR or whatever it was). If I could predict price I would be able to use...

Teach us guru

I have seen that study (where they gave the spiders different drugs and observed the webs that they built), and I know exactly what you're talking about

That's guru-babble. "trade what you see" In order to "let the market carry you wherever it goes" you have to be able to predict direction, otherwise you're being "carried" into losses. I'm already a successful trader. However, if I could predict direction, I would be a much, much...

Make your own thread and do so. I'd follow it. I've never seen anyone other than myself make live profitable calls using fibonaccis

That price is random and cannot be predicted :D Wait, what? Not on the S&P... I'm just taking the piss. Someone in this thread said TLs don't count until price touches them three times... so that one was touched 3 times (thereby becoming a legit TL) and then it failed. Of course, it...

Aww snaps, it totally just blew through that downward trendline that everyone was talking about.

lol