Bear Market almost ready to resume. .....

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Reminder:


I have NOT made a dime YET. All that work for nothing. It’s an occupational hazard.

And for those on the 2 min chart pls give it a rest when/if SPY drops 40 points and then starts rallying by 3 or 4 points yelling and screaming at me to close short and go Long.

Don’t do it amigos.

Let me die in peace, alone.


 
Destriero said:
Spooz open 50 higher at 6pm. Fibo's sim-trade dies a bloody death.
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You rock bro with all that smoke you blow up the Sheep's ass trying to solicit new money because you blew up again

Even with all the smoke and mirrors I don't think you could successfully trade two nickels for a dime. But I do enjoy your effort .


See you at 2783 ES

Still the best damn fade on ET!
 
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fibo_trader said:
SPY short entry confirmed 279.2 today ...... total short is $4.83 mil

6 tranches remaining to place short as soon as the nice uptrendline from Christmas Eve Daily breaks

Then the rest of the farm will be thrown at it when 200-day breaks. This time do not expect the 200 will be retested once broken.

All of the above is my own capital. No friends (client’s) money being thrown in yet even though they are begging me to place it. My reply is firm. “only when December lows for Dow/S&P/Nas/Trans are taken out”. 42 mil dollars to be placed then. This 42 m is just chump change for these international warriors - they are preparing more ammo to throw my way

Last count is that 96% investors are headed north. I love these odds.
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You sound like destriero's altar ego with all this fairy tale bullshit
 
fibo_trader said:
Every time I see George and Amal Clooney on TV I cannae stop lafffing. Tom Hanks too. Some of these cats said they would leave USA for good. What a bunch of wimps.

Donald hammered ‘me all

Game to Donald


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This is for ANYBODY esp. newbies who want to get good at trading, be their own advisor, keep their own counsel, therefore make their own decisions by the power of this Law. Add TA to this and you have a match made in Heaven

When HERD sentiment sends you a rocket powered signal like this one here, don’t go against it.

See Ann Coulter here right at start of video, the loud laffter should have told the contrarian right then and there, “do not bet against Trump”. The laffter was unanimous, as unanimous as the hate so lovingly bestowed on me here at ET.

Even contrarians can be wrong sometimes but the power behind this Herd Law is that Markets will never let a bum get an easy ride, they are designed and set up to maim and destroy the masses - but wait it gets better. The masses keep coming back for more. When do they quit? When the family divorces them and they end in a gutter.

 
fibo_trader said:
This is for ANYBODY esp. newbies who want to get good at trading, be their own advisor, keep their own counsel, therefore make their own decisions by the power of this Law. Add TA to this and you have a match made in Heaven

When HERD sentiment sends you a rocket powered signal like this one here, don’t go against it.

See Ann Coulter here right at start of video, the loud laffter should have told the contrarian right then and there, “do not bet against Trump”. The laffter was unanimous, as unanimous as the hate so lovingly bestowed on me here at ET.

Even contrarians can be wrong sometimes but the power behind this Herd Law is that Markets will never let a bum get an easy ride, they are designed and set up to maim and destroy the masses - but wait it gets better. The masses keep coming back for more. When do they quit? When the family divorces them and they end in a gutter.

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Why's Asia selling off so strongly tonight Fibs?
 
fibo_trader said:
So nice of you to give permission to the Golden Ratio of the Universe to exist. If you dispense with 0.8 from the original Nature designed 61.8, you arrive at ET. :). :).

BTW, use moving average cross system 39 x 62 and blow EVERYONE at ET out the door by staying in trades and truly letting profits run - applies to established TRENDS ONLY

What is 39 and 62. ? Why of course it’s the nearest whole number to the Golden Ratio 61.8 and her cousin 38.2

Try on Euro and retire in just ONE 1-yr trend ride like 5/14/14 to 6/22/15 = 2,350 pips

Uno, dos, tres, Quattro. ....... :). :)
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But wait, what about the current EurUsd Short from Feb 2018.?

Oh yo yo yo yo yoI, you are still Short, 1 year later, no need to exit. But caution here: see the doji on 8/15/18? And the rocket blast up? Why would you Tp just before it got to 1.1303? Because it’s a Fibo hit at 423.6%. Oh oh oh , you never heard of 423.5%? You poor fella. 1.618 x 1.618 x 1.618 = Herd standard 423.6%

But how the devil can you be sure it’s not going to be a bigger grid. You can’t, so when Euro got up to 200 day and there was no trend violation, short the gal again.

So do you see all that sideways stuff on Euro since August? A Fibo level will do exactly that. Packed with support power. A veritable trampoline

The 39 x 62 says YAWN stay Short, yeah dig it


Chugga lugga chumbe, chugga lugga chumbe, :). :). :)
 
vanzandt said:
Why's Asia selling off so strongly tonight Fibs?
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You beat me to getting there, maestro. I usually start with Nikki a little later in our evening, then see Korea, Malaysia, Sing, King Kong, then later Europe

Because it’s a Bear Market that unlike USA’s fake out higher high in Sept, Asia Bear began Jan 2018. So what you’ve seen for the last several weeks is a Bear Rally. The whole world is now in sync. For the killer wave known as wave 3.

It would appear that wave 3 down has begun on Friday with the United States starting the kick off. But we wait and see in tommirrow’s Action. I will follow my script to. T - see opening post for more shorts when and why

Be extremely cautious, these are treacherous times
 
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