This is probably the best scenario I've ever read to describe retrace vs. reversal. Nice post. :)
[IMG] Pretty bullish on the 60 minute chart. Gapped right back into that rising channel and above the prior high. Passed a lil pullback test...
I scalp the YM using the 1 minute chart. I have used 144 tick prior and it worked pretty well depending on the amount of action that day. Volume...
You use that for ES I presume? Are you doing more of a position/daytrade with that volume frame or are you scalping? Thanks, MC
[IMG] While the paper markets are in breakdown mode...commod's should bounce. Silver looks prime for a bounce IMO. Tight stop and quite a bit...
[IMG] The most recent down move has built bullish divergence where price tested lows yet the MACD as well as the MACD histogram failed to even...
[IMG] Get ready...somethings gotta give. 2 days now TRIN has been moving in tandem to the DJI. These are meant to be inverse to one another so...
[img] [img] Still plenty of resistance ahead on the markets overall. DJI has no divergence on a weekly going into this move so perhaps the...
Typo on the last post...it should read 10,700 of course. Sorry
The above I posted on the web on Jan. 23rd. The levels I posted back then are coming up. 11,700 remains the most important level I can see. If we...
[IMG] HRMMMM Could it be???? A longer period intraday chart with a test sans the 1 minute noise and micromanagement we all thrive on??? ;)...
[IMG] The bigger picture, why can it be important to not solely focus on micro levels and step back sometimes? In addition to my micro level...
[img] I called for a pullback test back on April 18th. I never thought it would have went this way and taken so long, but here is our test...
Just because you googled him and he came up in 1 chat log for puretick dosen't mean he is affiliated with them, or even a member. Just because...
PM me for a link to my thread of rants. It's not on ET so I won't post a link here but it's an open invitation to discuss inflation, the flaws of...
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