vol....countertrending intraday is not the answer...u have the procedure down, just doing it at the wrong spot more often than not.....when u see the apex done, trend is friend..rule of 10 makes it your enemy, most of time...low % is good is a lie.....
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
ES Journal Archive (2006 - 2008)
- Thread starter Buy1Sell2
- Start date
- Status
- Not open for further replies.
trend is your friend is pure bs.
Ask that to the trend followers who were long at the UPTREND at the fed announcement.
Ask that to the trend followers who were long at the UPTREND at the fed announcement.
How's my 91 right shoulder entry doing BB ?
couple of scenarios are a lower lo, is met with some serious
buying...
LL meaning below yesterdays 68.75
or buyers may push us right up to that significant 95/96 level....putting in a NL for a 15min IHS.........perfect Santa rally to retest 24/26.....which is the exact measurement of that IHS....& staying in conjunction with that Monster Weekly Diamond that is looming here(my big pic)......if that comes to fruition,i`d expect the markets to deficate brutally after the new year.
buying...
LL meaning below yesterdays 68.75
or buyers may push us right up to that significant 95/96 level....putting in a NL for a 15min IHS.........perfect Santa rally to retest 24/26.....which is the exact measurement of that IHS....& staying in conjunction with that Monster Weekly Diamond that is looming here(my big pic)......if that comes to fruition,i`d expect the markets to deficate brutally after the new year.
caught this breakout for a nice scalp, sorry it is after the fact the move was too quick. My thinking is that the inflationary news is short term bullish. entry spy $148.50 exit $148.95. As I type this spy is back around my entry point. The market is one interesting giant discounting mechanism.
spy
spy
Attachments
Quote from Spooz Top:
incorrect sir.............most educated traders here ,except for island girl,are concerned with being with the markets & making money versus being right.....anyone that can not except a loss is an amateur & has/will continue to blow up their accounts as Island has.....nuff said!
Good Lord...No one can make even the most generic comment around here without a Market Genius stepping in with some "education." Spare me.
- Status
- Not open for further replies.