You're probably right. What I meant to say was that generally speaking when a major move is in the offing, the leading stocks and indexes show...
Beginning to deploy shorts. Price is around a danger level and demand is a bit lazy, the way it's jerking up but not with conviction and stooping...
[IMG] [IMG] [IMG] [IMG] Both AAPL and GOOGL aren't at positions to BO to new highs. They are kind of in the middle. Does that put pressure on...
No need to short as long as it's showing strength.
It is true that once the TC or TR extremes are not availed there isn't much to do. What scraps are available are less optimal and riskier. Faster...
I'll make you eat your words. :D
On the hourly the SL has been broken by price and a retracement is underway. The retracement seems to have occurred at a rapid pace when European...
TSLA has already been close enough to the 260 level. I don't know if it's going to come back to test it again or head down. I am not a buyer at...
It's just easier and less time consuming to focus on the index. Stocks are not bad but there's an extra bit of risk with earnings etc.
There's a difference between the concept of losing money on a string of trades, and the concept of losing money after a long series of trades. One...
[IMG]
The issue for me isn't in recognizing strength, it's mainly in waiting for a lower risk entry after a retracement. Not that the method is broken,...
Looking to the left doesn't help, tho, when trading channel limits. This is an AMT trade.
I have taken long entries with LL before (e.g. BBRY last year) but the S/R was clearly visible in that case. I couldn't identify a clear S/R...
Yea. The same old ghost. It's good to have days and moves like these to keep one's mind in shape. Thankfully I am not shorting this up move. I did...
The kind of retracements I use for entry are occurring in the off hours. I'll be waiting for price to drop and get closer to 4400 before any longs...
In 2035 I'll be writing the same thing, unless a mind processor of that time takes my thoughts and posts it automatically into other heads.
[IMG] [IMG] Gringo
I am finding it difficult to see through this mess. Sitting out and enjoying the view is what I am doing.
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