Jo jo jo Santa Fed :)
Lets get some bear stops....
Most likely FOMC takes you out, I still think its too early to short.
Could it be that those in the know have no need to sell anything?
I thought your short swing had gotten stopped, you letting a daytrade run or something?
we had a red day :)
Absolutely agree about going with the flow, but I'm expecting more of a range year and not so much an SP500 breakout. Only long term position I...
It has been a long while since ES/SP500 had a year that tested both previous year highs and previous year lows, it's a highly uncommon event.
Hope so, it would do wonders to volatility.
When you have direction wrong, everything fails. You first saw megaphone, failing. Island reversal, failed. Need to keep an unbiased outlook,...
I need it to get to my red area outside the channel before getting bearish and then of course, witness bearish price action that would support it...
Everything works overtime if and only if you got direction right.
Here is an idea to stimulate weekend commentary. Just like stops were hunted outside the channel in the "blue area", the same could be said about...
Ya high volatility makes for preferred trading, but we can only take what the market gives. I'm fine shorting but when support is broken and you...
Perhaps some bulls let winners run by trailing a stop and not using fixed targets, certainly I would not call them pigs.
I can short when its bearish on pops, no reason to miss longs and take unnecessary heat, but that is just me.
I think price action should be used to follow and react or alert when to stay out but never to predict tops and bottoms against trends.
Not sure how people are bearish with this price action, certainly not daytrading
You still see 2020 this week? How about your 4hr Daily downtrend observations because we making fresh highs.
I think its a range below resistance as it digests earning reports.
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