Trader28 informational thread

Quote from schlap:

On the ER2 a triple bottom (5 min chart) was completed about an hour and a half ago, lovely M pattern.. anyone with half a brain caught the bounce.. this aint exactly rocket surgery.. take all those indicators off your charts.. they are just confusing you.. price action is the only action!
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Read it and weep kids, what is it about "Long and strong, the market is my bitch" sounds like an entry call to you? If the market is my bitch she's already done what I want her to do, if I was calling an entry I would have said so, I was half an hour in and looking for the exit.. the fact that you all think the entry for a set up off a triple bottom would come half an hour late confirms for me that none of you including shoeless Joe (Spyder) and our resident failed insurance salesman (Jack) ever actually trade.. and you might talk to callmate about my so called deleted post

Price action ladies! it's the only way you'll ever make any money.. not following someone who has failed for 50 years and his protege that gets refused entry at functions because of his attire

Quote from schlap:

Just getting out of this short, we are back down at the trip bottom.. probably going even lower but we wait for the market to tell us
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Quote from schlap:

And away we go.. damn I'm good.. hope you all took heed of my heads up
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If you hadn't all been so petrified of posting after I called the short into the close you could have made some good bucks there too.. it was hilarious watching you hope against hope it would go against me instead of making money.. but you are used to that aren't you :cool:
 
Quote from hermit:

So post a blotter T28 and shut them up.
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They already pre empted that by squealing photoshop.. I tell you what, when Jack posts his I'll post mine

This is pretty simple, the onus is on them to prove I was calling an entry rather than celebrating (how many entry calls are accompanied by end zone trash talk and links to girl on girl porn).. in my favour is the fact I was already explaining the triple bottom which any idiot could see would have been the only entry for a long trade.. And then I took pity on them and called the short into the close ages before it took off. These guys don't know how to trade or the set ups would have been obvious to them too, instead they all hid and stopped posting hoping the short would fail, if they understood price action they would have known the chances of it failing were miniscule, price action reveals all, indicators confuse and conflict.
 
Quote from schlap:

If you hadn't all been so petrified of posting after I called the short into the close you could have made some good bucks there too.. it was hilarious watching you hope against hope it would go against me instead of making money.. but you are used to that aren't you :cool:
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<img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=1980211">
http://www.elitetrader.com/vb/showthread.php?s=&postid=1980211#post1980211

<img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=1980822">
 

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Quote from Tums:

<img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=1980211">
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Correct, the market is my bitch, ie: she did exactly what I wanted her to do, she bounced off the trip bottom.. you guys really don't trade do you :p
 
Quote from MandelbrotSet:



He also called a (premature) bottom.

Then he was looking for support to come as the market dribbled lower in preparation for the crushing blow drop into the close.
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Here's how stupid you are Mandy.. I was looking for support because... that's exactly where it went!

Support is not an automatic bounce as you seem to think, I told everyone the likelihood of it going much lower but to watch what it did at the trip bottom (support) for confirmation and gave them the go ahead when it.. (wait for it).. BROKE SUPPORT.. it wasn't premature, it was perfect!

This is so basic I am embarrassed for you.. none of the other girls mentioned the short because they knew I blew them out of the water with it.. but you being ET's jester couldn't help yourself and just showed how little you know about this game.. learn the basics.. then you might work out where I got in on the trip bottom long and why I posted the gloat at 1.56 :cool:
 
Quote from jack hershey:

Better read up on Bach-y-Rita.
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I'll leave the uneccessary reading to paper traders like yourself :p

And don't forget Jack.. 50 years after you have died a failure, I'll still be knocking them out of the park :cool:
 
Quote from Tums:

<img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=1980211">
http://www.elitetrader.com/vb/showthread.php?s=&postid=1980211#post1980211

<img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=1980822">
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I liked his calling the "triple bottom" an M, the normal term is double W.

So if it was an M to him why hasn't he mentioned that an M ocurrs on peaking. We all know an M peak becomes the new support once the long trend is established.

There is no way he is going to wiggle out of all the confirming words and prints and time stamps that occurred.

I commented in detail in another thread...should we clock how long it takes for him to not respond.....
 
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