Urgent Message From Rennick
- Thread starter William Rennick
- Start date
From RFT's thread.
RFT: well you got a 5 point bounce in 10 minutes - so far so good. . .
You say cover shorts others may say sell the rallies - one thing is for sure - we will soon know who is "RIGHT" (lol).pS
FYI - you must keep in mind WM uses the Dow and RFT is using the NDX.
From a "layman's" perspective (one who doesn't scalp) it is very likely that one can go with the bias and cover with SOME points (without being a pig) on most calls.
The rest is simply up to your stops and learning a bit more about high probability (key) points (i.e. pivot, resistance, etc.). gA out.
You say cover shorts others may say sell the rallies - one thing is for sure - we will soon know who is "RIGHT" (lol).pS
FYI - you must keep in mind WM uses the Dow and RFT is using the NDX.
From a "layman's" perspective (one who doesn't scalp) it is very likely that one can go with the bias and cover with SOME points (without being a pig) on most calls.
The rest is simply up to your stops and learning a bit more about high probability (key) points (i.e. pivot, resistance, etc.). gA out.
Quote from Ansare:
\
If our world were truly a civilized place, Rennick would be King.
"Emperor" to say the least. Hold the ball proudly.
Precision:
STEP 1: Yesterday end of day call: Short NDX at 1988/1989.
Today's first call: Cover the short of step 1 (NDX 1938). In other words bank the profits.
Profits: (1988-1938). In less than 3 hours of trading!
TODAY's Second CALL: Go long (NDX 1931).
RFT
nonononono
Emperor is for RFT. The only one.
PS: In his blog, he has NAPOLEON's picture in there next to his profile. Soon may be his face will be there!
I know her!!
Wait, no wonder she left me!
:eek:
Hey, can you star in your own fu*k*ng thread, PLEASE!?#!#!!@!Quote from riskfreetrading:
Precision:
STEP 1: Yesterday end of day call: Short NDX at 1988/1989.
Today's first call: Cover the short of step 1 (NDX 1938). In other words bank the profits.
Profits: (1988-1938). In less than 3 hours of trading!
TODAY's Second CALL: Go long (NDX 1931).
RFT
(you can buy the vowels, asshole!).As I type this NDX is at 1943, and 1931 is the standing bottom of the day, naild at the level of the minute!
RFT (with the irrefutable proof he is the (only) king of tops and bottoms)!
