V. Market cannot go down. Printed a Doji. Do you know how rare those are? In my three months of trading I've seen this happen again and again.
ES Journal - 2023/2024
- Thread starter Buy1Sell2
- Start date
V. Market cannot go down. Printed a Doji. Do you know how rare those are? In my three months of trading I've seen this happen again and again.
Ahhhhhh..... I would kinda tend to agree with that last sentence. But throwing out descriptive's like "Zioninist"... reeks of a bias on your part.
I have no idea, I have never really understood the whole thing. But I do know the whole subject is almost as polarizing as abortion is in U.S. politics.
If anything does happen, and the XLE spikes north of $95 and change.... short the bitch.
cl has not changed, +/- 25 cent.
Three months of trading?!
Who are we talking to here? Desty JR.?
Well, your old man bragged on you forever... as well he probably should have.
Ignore that bs doji stuff. It's meaningless when the the VIX has spiked and is elevated like it is. That stuff works below 13 tops. Write that down, and have pops send VZ a tuition check.
Three months of trading?!
Who are we talking to here? Desty JR.?
Well, your old man bragged on you forever... as well he probably should have.
Ignore that bs doji stuff. It's meaningless when the the VIX is elevated. Write that down, and have pops send VZ a tuition check.
I was channeling V-shape. Finn has been trading for almost two years.
why? breached your precious bollinger band?
And there you go. Iran is not stupid. The Straits of Vermouth (sic) won' be mined... and even if they were, despite Iran's technological prowess.... it doesn't hold a candle to ours. They know that.
The Hooti's in the Red Sea lol.... Iran's cannon fodder.
Just make sure he plays it small. He doesn't need the money. If he wants bragging rights, use percentages. Seriously. Let him get burned once or twice. And you know he will. Keeping it small is just as effective as large. Especially to a kid that I know, wants to outshine you in a big way. The desire to win... it doesn't matter if it's a quarter ($0.25), or $100,000 dollars.
But better to learn when it's a quarter.
It's super lame that all these big drops are all overnight via the gap. This move resembles more of August 2015 than 2022. It's not sustainable. Yeah some like @poopy think I'm just a blind holder which is not true. Yes, last week wasn't the best, but better days are ahead. We all have bad times every now and then. I have no problem with a controlled down move like we saw in 2022. This type of move is such an anomaly you have to sit back and be amazed. The market CANNOT sustain this type of movement for much longer. Thursday was fine, even though I blew it. Should have been obvious that it would reject the 50 day for QQQ and SPY rejected the gap fill.
I'm not a fan of these gaps. I would much rather see the moves happen intraday, even if it were to tank. If this does Gap down again like the futures are showing, then you have to guarantee that the weekly gap will get filled. Don't be shocked when one of these flips green. It's absolutely silly that there's more action at night than during the day. Friday was a chop fest all day.
I am going to leave this up and come back later in the week. My prediction for the week: QQQ finishes at 458-462. If things really get ugly there is a gap at 426.90. I think we will see some stabilization eventually this week and the market will need to get the VIX crushed and make the bears/shorts pay. They never have it this good. There could be further pain ahead in the fall, but this week should mark some sort of temporary bottom. Maybe this gap down just sets up for a big weekly green candle? Would still be messy as hell, but could be. No one has a clue so my guess is as good as your guess.
I'm not a fan of these gaps. I would much rather see the moves happen intraday, even if it were to tank. If this does Gap down again like the futures are showing, then you have to guarantee that the weekly gap will get filled. Don't be shocked when one of these flips green. It's absolutely silly that there's more action at night than during the day. Friday was a chop fest all day.
I am going to leave this up and come back later in the week. My prediction for the week: QQQ finishes at 458-462. If things really get ugly there is a gap at 426.90. I think we will see some stabilization eventually this week and the market will need to get the VIX crushed and make the bears/shorts pay. They never have it this good. There could be further pain ahead in the fall, but this week should mark some sort of temporary bottom. Maybe this gap down just sets up for a big weekly green candle? Would still be messy as hell, but could be. No one has a clue so my guess is as good as your guess.
No, I think you're 100% FOS and don't generate a dime in commission. I would bet on it.
Who cares if it can sustain it for much longer, which is patently BS. You're down 10% for the month, unleveraged.