I want to play a TRADING GAME with you all....

studentofthemarkets said:
What happens next?

View attachment 281617
More...
Answer: It ended up, so easymon1 was the winner!! Congratulations, easymon1! Your prize is a you tube trophy:

The What Happens Next question chart is an NQ 1 minute premarket chart from 2020 leading up to the opening bell. What happened next was a test to find support and then trend higher, which is a pretty typical pattern on the NQ and ES.

1. Answer.png
 
Last edited:
studentofthemarkets said:
Answer: It ended up, so easymon1 was the winner!! Congratulations, easymon1! Your prize is a you tube trophy:

The What Happens Next question chart is an NQ 1 minute premarket chart from 2020 leading up to the opening bell. What happened next was a test to find support and then trend higher, which is a pretty typical pattern on the NQ and ES.

View attachment 281773
More...
Your too kind, lol. Your first call and followup analysis still holds the trophy. Not even close.
studentofthemarkets said:
Thanks! OK...here it is:

View attachment 281615

This chart's price action behaved nicely...do you mind sharing the instrument and time frame of the chart? If it's futures, I might like trading it!
More...
Trade 1,
For the way I like to trade (1), I'd be going for the quick pop up to the prior swing hi with a stop near the prior swing low.
On a good day if the stars lined up, lol, I'd want to wait for that trade 2 to come to me. Or find some other support / resistance to play off of, MA...

double bottom 5544 nq 1m.png
 
easymon1 said:
Your too kind, lol. Your first call and followup analysis still holds the trophy. Not even close.

Trade 1,
For the way I like to trade (1), I'd be going for the quick pop up to the prior swing hi with a stop near the prior swing low.
On a good day if the stars lined up, lol, I'd want to wait for that trade 2 to come to me. Or find some other support / resistance to play off of, MA...

View attachment 281780
More...
The measured move you showed by copying the price action played out nicely!
 
easymon1 said:
What's Next?
View attachment 281807
View attachment 281808
More...
I'm going to guess it'll go up.

I'm not sure this game is set up correctly. It's kind of impossible to know what will happen next, especially without lots of higher time frames to check for support and resistance and previous trends. I always feel like I'm guessing. When trading I feel like I'm guessing too :D but I have indicators I've gotten to know well, so I follow my rules for them (actually, I just try to follow them, I have the hardest time with following rules when trading....but getting better.) Also, I try to do what price is doing as it's doing it. My projections help some but I follow more of a plan that if this or that happens, then I will enter a trade.

None of that is possible in forecasting the way these charts will go. :)

Might be better if we did live intra-day charts, although I don't think I'd want to check in here while trading because it's too distracting.
 
You must log in or register to reply here.
Back
Top