out at 875
Surf Report
- Thread starter marketsurfer
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Stay short the DJIA and buy Ether--- i expect $100 plus soon.
surf
surf
correct never fade me lol. huge RR potential if you hold.
reduced risk on stop to 20880. let her run
It's not rocket science but a little effort is needed of course (as with most things in life)
Oil futures low today (so far) was a bounce to the tick on a previous level with very high volume.
So I hear you saying: "sure, nice of you to post that AFTER the fact"
Indeed it is. The signal happened at 10:49. So you can take 5 or even 10min to think about it
and than enter with a stop right under 48.20 to make this a really low risk entry. Large potential, low risk, that's how it should be done. Not the other way around as some are practising.
If the signal did not materialise (no bounce with high volume) there would have been no trade. So you need to wait until after the fact.
Well at least that's how I trade, but I'm sure others do different things. Whatever works I'd say.
JP
It's not rocket science but a little effort is needed of course (as with most things in life)
Oil futures low today (so far) was a bounce to the tick on a previous level with very high volume.
So I hear you saying: "sure, nice of you to post that AFTER the fact"
Indeed it is. The signal happened at 10:49. So you can take 5 or even 10min to think about it
If the signal did not materialise (no bounce with high volume) there would have been no trade. So you need to wait until after the fact.
Well at least that's how I trade, but I'm sure others do different things. Whatever works I'd say.
JP
Not all volume exhaustions lead to bottoms but most cherry picked charts do.
In other words you can fool a noob, but not an old timer.
All any of us can have is an edge Freak, there are no certainties.
The only certainty is... none of the after-the-fact chart artists camping out on this thread will start their own before-the-fact Journals...
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