DJIA will implode today - Next month 27k

Discussion in 'Technical Analysis' started by klienten, Dec 6, 2021.

  1. klienten

    klienten

    33888 before today's close. Thank you over-leveraged bulls for your contribution to my bank account, we will have fun this cycle.
     
    #11     Dec 6, 2021
  2. easymon1

    easymon1

    You make a good point. I'm a day trader. A half hour chart is like an eternity. As long as i'm around when she's moving, my intent is to ride the action be it up or down, to the best of my inclination and ability.
    What timeframe charts do you like to trade?
     
    #12     Dec 6, 2021
  3. klienten

    klienten

    I don't day trade anymore but I do remember 30m charts, waiting for your trade to turn right again and feeling of course it's 7 minutes left your trade will obviously fly 3%.

    I trade cycles, if I identify them I may go from 10-15 years view into 10-15min to execute the trade.
     
    #13     Dec 6, 2021
  4. easymon1

    easymon1

    Show us a chart series example of a good trade? Oldie but goodie would be a great example of some of your successful work.
     
    #14     Dec 6, 2021
  5. klienten

    klienten

    You got a bearish butterfly from 1 DEC 11:15 to today's high ;)
     
    #15     Dec 6, 2021
  6. easymon1

    easymon1

    Show me. That's Larry Pesavento stuff. Doesn't resonate with me but they're his bread and butter and he's been in the biz for, suffice it to say that he often says that he's in the 8th furlong of the race. Good Guy. Great stories. Freely provides information on fibs and Gartleys.
    "Set your Stops" would be my advice to you.

    edit
    Here's Larry's call on AAPL, a Gartley Butterfly i do believe...
    https://www.elitetrader.com/et/thre...st-right-here-baby.335635/page-6#post-4948912
     
    Last edited: Dec 6, 2021
    #16     Dec 6, 2021
    klienten likes this.
  7. klienten

    klienten

    Why DOX myself or my broker? Wait to today's close 33 888, a 4% move to validate myself.
     
    #17     Dec 6, 2021
  8. klienten

    klienten

    Do you want me to do your taxes as well?
     
    #18     Dec 6, 2021
  9. easymon1

    easymon1

    Are you good at it?
     
    #19     Dec 6, 2021
  10. klienten

    klienten

    what is tax?
     
    #20     Dec 6, 2021