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  1. Chris Mac

    COST is a safe short at 162

    Well, I said first that was uptrend and we could go to 200 with new highs => Correct. Then, I said i would buy retracement @160/170. Since then, stock felt sharply to 176 dollars I am not long until 170. Buying opportunity @160/170. Correct again. So, what is your point ? I don't get it. At...
  2. Chris Mac

    Massive head and shoulder on broad crypto market cap

    No, I think it is a question of days, even hours... Dead cat bounce is coming CM
  3. Chris Mac

    Physics Vs Prediction in Trading

    Lots of BS here. Title is misleading : I thought you will speak about physics and trading. None there. Only BS. There are two physics law that apply in trading : path of least resistance and momentum. What does it imply? 1 path of least resistance The more resistances (or supports), the more...
  4. Chris Mac

    Is it possible to become rich by trading?

    I never said I was successful at start. Took me years and years to understand that this was about ego, psycho and process. Seems everyone is successful with you. "Make 2/3 years of salary in only one month". Trading is "easy", "easy money" after months of trading, then buy real estate (wow). And...
  5. Chris Mac

    Is it possible to become rich by trading?

    Wrong. You seem to think trading is about gambling and fast gains. No, trading is about work, process, repeatability and psycho. If you got a process, why change? Better compound your gain rather that diversify in real estate or whatever after few months. If you are really rich (>10 MUSD), Ok...
  6. Chris Mac

    Russian ruble

    I will add USDCZK @20.5 is a good price to take profits ! Maybe 20 is still reachable... But on a ST basis, 21 / 21.5 is more probable. CM
  7. Chris Mac

    Russian ruble

    Hello Tradator... I am not sure this is a good idea. On a short term basis, I would rather be long dollar vs a lot of currencies, particularly MXN... Maybe TRY could be a good play... Everyone hates it, same story as RUB 2 years ago... CM
  8. Chris Mac

    Trading Ranges, Support, and Resistance

    Great post Icranston. Thanks for the links too. CM
  9. Chris Mac

    is fundamental analysis bullshit?

    Fundamental analysis is BS when it is all about "ideas" you read here and there. There ain't no free lunch, so you need to dig quite deeper than the average joe. Let me remind you that the biggest trade ever, short subprimes, was purely based on fundamentals. That being said, it is quite easier...
  10. Chris Mac

    COST is a safe short at 162

    As you know, new all-time highs yesterday. As I said, zero interest to short this good stock. But is it a BUY now ? Of course not, buy pullback @160/170. Trading is simple if you don't fight the trend. CM
  11. Chris Mac

    Gold, silver and precious metal miners : STRONG BUY, why?

    Ok, few people care about gold stocks. Maybe that is why it's up +4% today, and is in an uptrend... Elite traders? Tsss.... Seriously. Too many followers / noobs here. CM
  12. Chris Mac

    Gold, silver and precious metal miners : STRONG BUY, why?

    All my charts scream one thing : BUY gold/silver and precious metal stocks. But why now ? What could be the rationale or catalyst ? Fall of bitcoin? Fall of the dollar ? Wars? Hyper inflation (really?) Any thoughts? Thanks. CM
  13. Chris Mac

    This bull market is more powerful than the late 1990s, says 'the godfather' of technical analysis

    The funniest part is when he says "energy is ready to break out" I wrote 3 months ago sector was ready to break out, and last week it was time to take profits. https://www.elitetrader.com/et/threads/energy-sector-buy.313313/#post-4582684 CM
  14. Chris Mac

    This bull market is more powerful than the late 1990s, says 'the godfather' of technical analysis

    His timing is quite ugly. He should have been "bull" every time NDX was close to 50 days Moving Average, not after a 10 day extension. IMO, noobish mistake. Really noobish. And excited in his rocking chair? Seriously? Time to retire CM
  15. Chris Mac

    This bull market is more powerful than the late 1990s, says 'the godfather' of technical analysis

    Who is this guy? What is "Altaira Capital" ? Why is he so childish / naive ? Okay, that smells bad, when everyone calls himself "god of", time to get out ! CM
  16. Chris Mac

    How many years are necessary to consider yourself a successful trader?

    IF you can keep your head when all about you Are losing theirs and blaming it on you, If you can trust yourself when all men doubt you, But make allowance for their doubting too; If you can wait and not be tired by waiting, Or being lied about, don't deal in lies, Or being hated, don't give way...
  17. Chris Mac

    Kodak enters cryptocurrency world

    Sad! A "cryptotrader" who doesn't know how to spell "crypto"?! Everyone is a cryptotrader then :) . The beginning of the end! Cryptocrash coming ! CM
  18. Chris Mac

    Energy sector? Buy?

    well, we got our target. TA rocks :) CM
  19. Chris Mac

    buying two strike price calls on the same stock/date... does anybody do this?

    Hello, Thank you for your response. Why should a person first learn futures? I thought they were more exotic and had to do with advanced topics like international currency and commodities. I thought I was starting simple with options on stocks. There are hundreds of futures: equities...
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