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96.7% wins with longest trade>3.5 hrs? :p Grid trading without a stop loss and 2 pts take profit :D When it goes tits up, the account is blown.

A lot is riding on the Fed. They can go any side. :cool:

Not a penny of ri$$$k :p Europe in deep red Dax Sep 24 18,435.00 18,656.20 18,418.00 -210.00 -1.13% Cac Jul 24 7,536.20 7,652.00 7,534.80 -100.30 -1.31% Ftse Sep 24 8,177.80 8,244.20 8,173.50 -46.20 -0.56% Euro Stoxx Sep 24 4,960.00 5,010.00 4,952.00 -52.00 -1.04% Come on gap up :D

Hope all are enjoying the ri$$$k free money. :p Posted on Jun 24th The first 2 parts went as expected. Not a penny of ri$$$k :p I am looking for confirmation today/tomm to enter the short. Yes, I know that it does look unlikely, but I am trading my method. :thumbsup: If the market does not...

Hope all are enjoying the ri$$$k free money. :p Posted last Wednesday :D As expected, the plunge started on Friday. It wasn't as deep as I'd like, but enuf to confirm my expectations. Not a penny of ri$$$k :p The bounce back has started and is on target for a new high today. Not a penny of...

Hope all are enjoying the ri$$$k free money. Let the carnage begin :D Nothing to worry till next Thursday......new high coming on Tues/Wed :p After that ......

Hope all are enjoying the ri$$$k free money. :p IMO, the first S&P plunge starts this Friday, followed by a sharp bounce back to a new high, possibly by next Tuesday or Wednesday. Likely will be tradable by day traders only. That is the top and the "GAME OVER" message. I will be looking for a...

Nope. At least have the courtesy to not cut off the main part of my post which was Dow - 38,714.5 38,982.0 38,655.0 -171.7 -0.44% S&P - 5,323.6 5,361.9 5,319.4 -29.4 -0.55% Europe in deep red :p

Nothing has changed. It is very common for long reversals to be late by even 2-3 days. :wtf: If the reversal confirmation doesn't happen by Friday, I will consider the time window to have closed and look for another trade. :p Normally, I don't like such posts, but this time he is justified...

That timeframe is very long. The triple bottom on the Dow is on the 4 hr timeframe. The Dow is much weaker compared to the S&P, the breakdown could turn out to be a more profitable trade. Waiting for confirmation, likely to see it after lunch :strong: Edit: the trendline happens to coincide...

A short term trade is setting up on the Dow with a triple bottom :p I'm looking for a S&P high after/at about 11 AM today, after that the entry will be based on technicals.

This is according to a method I created. It isn't bulletproof but good enough to catch the big moves.:D On a weekly chart the daily bars don't come into it. Its a block of 5 merged bars. You could be right, but until the method is proved wrong I'm following it.:p

IMO, the weekly high of the S&P is done. I'm waiting for a safe short entry, most prolly near Tuesday noon :thumbsup: or by Wednesday latest. Anyone who is buying now, good luck. Yer gotta have balls of steel :D

I saw this thread yesterday, wanted to post my 2 cents worth, and then forgot to do it. The problem is that everyone doesn't know how. AI should have figured out his strategy in 2 seconds, that's how easy it is. The fact that it hasn't says a lot. :p He is using a strategy that many here are...

:D I'm expecting it, he hasn't changed a bit over the years. :banghead: :D

Dow Jones - 37,510.0 37,540.0 37,430.6 +79.8 +0.21% S&P 500 - 4,706.1 4,717.0 4,697.6 +1.3 +0.03% Nasdaq 100 - 16,313.6 16,421.2 16,280.4 -54.9 -0.34% Looks like the longs get a breather just for today....................before the next push down...

Dow - 37,490.5 37,814.0 37,490.5 -199.0 -0.53% S&P - 4,737.1 4,782.4 4,737.1 -32.7 -0.69% Naz - 16,654.0 16,852.0 16,653.9 -171.9 -1.02% DAX Mar 24 16,823.5 17,123.0 16,815.5 -89.5 -0.53% CAC 40 Jan 24 7,502.5 7,626.2 7,501.2 -59.3 -0.78% FTSE 100 Mar 24 7,709.8 7,785.5 7,709.2 -45.4 -0.59%...

LOL, Rickshaw is back after a year!!! :D :banghead: :p I've not been here for ages but had to post after seeing Rick announce a new bull market. :rolleyes: :wtf: As soon as it drops he'll disappear again for another year. :D :D :D

I posted my call because there was a strong reversal zone on Tuesday which could have been exploited if more buying had come in after the news. It didn't. I even posted that the high was in. Either way, its far better than sitting silent without anything constructive to add. Sort of similar...

Did you even understand my post #1? This is about a swing trade. I daytrade once in a blue moon or when I think an exceptional move is coming. 99% of my trades are held for 2 to 8 days. My highs and lows are entries/exits for these trades. They can be used for daytrades but I don't have the...