Sorry, those numbers were 26.. not 27... Yes but that was after the 2620 bottom. Since then they switched colors that post referred to where to go long after the meltdown. I usually don't follow the 15 mins that much. Speedo said they are lagging, well, almost all indicators lag. And if you don't catch the first 10 pts of a 30 pts move, you still caught 20 pts...
The human psyche forces people to view bad trades as mistakes. The human psyche makes people not want to admit mistakes. This is why very few posters will post trades in real time
Seriously tho, if you found a way to use them that's great. I found them to look good but too slow to react for what I do.
When we hit 2670’s I bought the 2600 puts expiring dec 14. We got too close to the 2603 today not to retest it tomorrow going into jobs #.
I don't post trades for two main reasons: 1 No one has my trade plan or are they looking at my charts so it might make little sense to another and could distract from their own trade. 2 Posting a trade tends to make me more emotionally invested in that trade and I find that counter productive. In the same vein, I seldom pay attention to others trades unless they do something that really stands out like taking a series of entries counter to the trend (in my time frames) or multiple adds to losing positions. It's not for me to judge what someone else does but those things create cognitive dissonance and that's a distraction.
Possibly, but we have had 3 tests now of 2620 area. Conventional wisdom is that an area gets stronger the more times it's tested.