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No trades yet for me. This is rare ! Thought I was gonna get a signal to buy at this 1877 level, but no dice. Really wacky pa. If I don't understand it, I don't trade it

3 pullbacks with only 3-4 points of upside normally isn't very bullish....but weirder things have happened !

This is churning up with some awful price action for me. I normally have a buy signal by now on a gap up like this.

What does short mean again ?

I just sold at $3.23 for +200%. 1) parabolic up moves have equally as strong selling to the downside when the upside move is complete 2) I've been holding for years with zero profit so I wanted to book some. 3) the company is not making money yet, but they are close so I see no reason to...

Nice w pattern in the works on the 5 min

Been long in that company since $1.10 for YEARS in my IRA. About damn time I made some money in it, lol. I'm waiting to see if tomorrow has more upside potential. If not, I'm dumping, and will rebuy with a retracement. They aren't making money yet so I see no reason to rush into another...

Just a flesh wound, keep buying !

That's what has saved me from getting chopped up on days like this. Buy a support, set wide stop, grab a few points, rinse, repeat. Being able to recognize this PA early. Some PA patterns that should create downside follow through fail to do so. Those are early clues :) Small step like...

Why at those 2 prices ?

I know you add to your positions, so how do you decide on how many total points you get ? Say you buy 1 contract at 1855, add 1 @1857, and sell both @1860. How many totals points do you make ? Would you consider that 8 points ?

Looks like new highs in store for the afternoon session

Certain market conditions provide better probabilities of success. More volatility means better probabilities bc patterns are more likely to work out. Less volatility means worse probabilities. Great traders realize this. 50-55% success for even the smartest of us ? Just because you can't...

Short 32 stop @34.5 target 27

That 5 min candle had a 4 point range and showed heavy sell side pressure. While I figured we would sell off today bc of that 44 level, the volatility of the sell of just seemed like something news driven

Any news come out that I'm not aware of ?

Short @38.75 stop 40.50

I thought spy didn't count towards wash sale

I don't know of anyone on holiday ! We are approaching a top so people are cautious here

Should push down from here