Gotta love ZERO RISK in the SP500 = $$$

This Chart is for OTM Options, who says that technical analysis only works in hindsight, i just pulled 22 points out of the ES, and i called it all in real time, (mostly cause i had nothing else to trade today,)

and im a shitty ES trader, i only called todays price action to show, that as long as you are constantly assessing what is going on, technical analysis works incredibly well. You can see my entry on the chart short 1987 out average 1972, long 1978-79 out average 1984. I called it all in real time today for your liking.

Anyways this ends my time on elite trying to help people since trolls just want to play gotcha games as if there is no such thing as losers in trading.

ES finishes today unchanged, i finish up 22 points, kis my ass OTM.


ES.png
 
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Max E. Pad said:
This Chart is for OTM Options, who says that technical analysis only works in hindsight, i just pulled 22 points out of the ES, and i called it all in real time, (mostly cause i had nothing else to trade today,)

and im a shitty ES trader, i only called todays price action to show, that as long as you are constantly assessing what is going on, technical analysis works incredibly well. You can see my entry on the chart short 1987 out average 1972, long 1978-79 out average 1984. I called it all in real time today for your liking.

Anyways this ends my time on elite trying to help people since trolls just want to play gotcha games as if there is no such thing as losers in trading.

ES finishes today unchanged, i finish up 22 points, kis my ass OTM.


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Max thanks for coming into the room here..please come back again soon
 
Pricechange said:
Max thanks for coming into the room here..please come back again soon
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Thank you for chatting with me!!, I enjoy chatting with other traders during the day, not because i want to follow other peoples decisions, but, because it is another thing that is very useful from a TA standpoint, you saw all the same things i did today, so its good confirmation that lots of traders are looking at the same thing as us.....

Cheers mate. :D!
 
Pricechange said:
this is all starting to remind me of 2007. By mid year we had this swoon downward hard and rumors of sub prime coming apart at the seams. Then after about a week or 10 days of downward moves it came roaring back...higher than the peak when it first dropped..these bullish moves since 9/29 look like that roaring back behavior in 2007..the more people tried to time the top, the higher it went
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Thats the biggest thing that scares me right now, it would seem like we are not in that bad of a position right now compared to 2007-2008 but then again we didnt really know how bad it was back then until it was all under way, so its hard to read from a long standpoint, cause there is lots of small issues right now that could become big issues if only given enough time to work themselves out.

Im on the sidelines in my retirement accounts for the tmie being still waiting for the bottom at 1870 to really prove itself, then i willl go long.
 
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