OK, who is going to lie and say they saw today's HUGE drop in the charts?

[comagnum]

Here is the Adobe CPI estimates, it's published in advance of the Fed report.

https://news.adobe.com/news/news-de...nflation-Rises-in-August-to-0.4-/default.aspx

 

[MacBookProHo]

today's drop is a result of unexpected inflation news, not become of some prior price action

No one saw today's CPI report drop coming. Nothing but a bunch of gamblers bragging. Laugh today, Cry tomorrow -- and get nowhere, or lose.
If traders could truly, consistently, predict the future and trade it....they would be rich. But those clowns ain't rich.

Forget Premarket roulette black or red color gambles,
The best trade of the day is buying/shorting around 10...and selling around 10:50.
Do this, more or less, every day, relatively consistently....this is where the true gold is at,...capture that one major, obvious, move of the day of the chart,

 

[murray t turtle]

Because if the inflation numbers hadn't come in bad it would not have happened..........

%%
I like your headline '' And saw todays HUGE drop, on the charts''
Ever pretend you dont see a 200dma, all year + YTD??
LONGest trend in SPY, QQQ,VTWO is still UP ;
+sure some....... caught some downtrends , '' because i can read charts''
Actually /that's ok by me if you ''pretend you dont see a 2oo day moving average''
It does lag a bit LOL Thanks.[EDIT, maybe you meant ''fore-see''?? NO its not about prediction. IF you, or any could predict you could own most of the world shortly LOL.]Good down move, on some charts anyway today]

 

[guest_trader_1]

No one saw today's CPI report drop coming. Nothing but a bunch of gamblers bragging. Laugh today, Cry tomorrow -- and get nowhere, or lose.
If traders could truly, consistently, predict the future and trade it....they would be rich. But those clowns ain't rich.

Forget Premarket roulette black or red color gambles,
The best trade of the day is buying/shorting around 10...and selling around 10:50.
Do this, more or less, every day, relatively consistently....this is where the true gold is at,...capture that one major, obvious, move of the day of the chart,

Can we do a little crowdfunding and get this man a TradingView subscription? Show the best of yourself people...

 

[schizo]

Okay, I lied a little bit.

OK, who is going to lie and say they saw today's HUGE drop in the charts?

 

[murray t turtle]

View attachment 294992
Okay, I lied a little bit.

%%
You mean you lied a little + foresaw it or saw it??
His question concerned ''saw a HUGE drop on the charts, 10:48 am??'' LOL
NOT a prediction + sure not a mind reader.

 

[Smart Money]

Didn’t see the drop. But my charts told me it was to early to swing long. Glad I listened.

 

[MacBookProHo]

Didn’t see the drop. But my charts told me it was to early to swing long. Glad I listened.

Use your intuition, because dem charts don't lie,

 

[Ayn Rand]

No one saw this coming. Gas prices falling. Shipping rates falling. Supply constraints easing.

My ponder is how is sensitive data like this and earnings and such kept private. The info is worth $10's of millions of dollars at a min. Has to be a whole industry around snarking financial data.

AngryTrader wins. Straddle.

 

[SoyUnGanador]

LOL, I see why you guys are picking on me. Yes, "saw" in the thread title should have been "foresaw". Of course at/after the fact you see it on the chart, but I don't think anyone can truthfully tell me they saw today's huge drop prior to the drop based on looking at the charts for yesterday/previously.