Very scary chart for the bulls?

[dozu888]

when you get on the same page with my pro boys, you be amazed how much shit has been fed to the general public.. support/resistance being one of them.

previous top/bottom really has no significance by itself, because only 1 guy traded at that price there.

in a W bottom, the previous low does have some significance in the sense that you can gauge how the retest unfolded in the second leg down.

previous top usually has zero significance... there was no reason that price was a major top, other than that the pro boys had a secret meeting and decided that they'd start a smack down campaign from there.

trading is about unfolding stories.

 

[Overnight]

when you get on the same page with my pro boys, you be amazed how much shit has been fed to the general public.. support/resistance being one of them...

It cannot be denied that 8000 has been a magnet for the major index for over a week. Trying to trade around it has been hell.

 

[Stockolio]

It cannot be denied that 8000 has been a magnet for the major index for over a week. Trying to trade around it has been hell.

Don't let those clowns tell you anything Overnight... Turkey is collapsing within few weeks if they do not receive IMF Bailout, and Erdogan says they won't seek IMF what so ever

India is right after Turkey, Spain banks are gone once Turkey renegs on Foreign debt. Every EM Interbank spreads are rising, liquidity tightening everywhere, some tools think it's buy forever without even understanding what is going on... Puts is the key to riches!

 

[RainMaker3000]

If you wish to see my positions, you can just read my journal.

https://www.elitetrader.com/et/threads/and-they-have-a-plan-live.306838/

Don't you dare try to come in here and attempt to beat your chest. Yer a small tiny loony who had no reason to pipe up. Shut your pie hole, or show us your trading prowess. Fucker.

I'm calling the BOTH of you out, since you BOTH seem to be attacking me. RainMaker3000 AND CrashProof. Show us your REAL, or please have a steaming hearty cup of STFU, and GTFO of my thread.

no one is attacking no one, I simply stated your bias, yet you clearly have taken a posture that is leaning toward a gambler...good luck with your mini account..smh

 

[digitalnomad]

when you get on the same page with my pro boys, you be amazed how much shit has been fed to the general public.. support/resistance being one of them.

I learned this the hard way. S/R doesn’t really exist. It’s a hindsight fallacy. Besides, using high/low, MA bounces, triangle breakouts, or you name it, has zero grounding in probability and statistics. It’s a guaranteed loser, because it’s impossible to build a symmetrical model with such asymmetric ranges. I’m actually grateful that market participants still chase these types of visual/chart formations, while I run my proprietary supply/demand formulas within them.

 

[volpri]

ROFLMAO

Nuff said?

Everybody forgets the “T Factor” market is golden bullish......sorry bears...

 

[volpri]

I learned this the hard way. S/R doesn’t really exist. It’s a hindsight fallacy. Besides, using high/low, MA bounces, triangle breakouts, or you name it, has zero grounding in probability and statistics. It’s a guaranteed loser, because it’s impossible to build a symmetrical model with such asymmetric ranges. I’m actually grateful that market participants still chase these types of visual/chart formations, while I run my proprietary supply/demand formulas within them.

 

[themickey]

Don't let those clowns tell you anything Overnight... Turkey is collapsing within few weeks if they do not receive IMF Bailout, and Erdogan says they won't seek IMF what so ever

India is right after Turkey, Spain banks are gone once Turkey renegs on Foreign debt. Every EM Interbank spreads are rising, liquidity tightening everywhere, some tools think it's buy forever without even understanding what is going on... Puts is the key to riches!

 

[Stockolio]

View attachment 201079

Haahahah, didn't we already establish you are a clueless gambler ? October we both show are trades and accounts, ill put you back in your place son! I trade options, sometimes stocks... Options timing is everything, I don't care bout little nickel and dimes daily gambling gains

I bet in few weeks you'll be on the bear band wagon, dick riding

 

[athlonmank8]

I learned this the hard way. S/R doesn’t really exist. It’s a hindsight fallacy. Besides, using high/low, MA bounces, triangle breakouts, or you name it, has zero grounding in probability and statistics. It’s a guaranteed loser, because it’s impossible to build a symmetrical model with such asymmetric ranges. I’m actually grateful that market participants still chase these types of visual/chart formations, while I run my proprietary supply/demand formulas within them.

Ok....