I do use them to add to positions when the market is strong, did not today as I took profits early (I was always in long since German opening, but did watch the market still). do you guys tend to scale in / add to positions? I guess @speedo doesn't
I don't currently but probably will...ie take targets along the way and add back on subsequent setups.
There are certainly 'barbarians at the gate'. (good book btw from back in the day... rjr/nabisco. Another era. You young cats should read it though. Many things still apply today. For real. The more things change...) Anyway, so yeah... an assault on the Veezee top. I knew it was coming. The troops were amassing. As Halvesees said, this market will now substitute trading on China trade deal news with trading on Covid vaccine news. Or news about re-infections etc. That's to be expected. And as I said a few times, 2975 will be breached more than likely by a few reactionary upspikes. But 2975 will stand. So no worries. What's really good here, and I hope he reads it, is NQ's calls. I said in a post about another topic here last week that T/A was about "fences". So true. Today was a case in point. The indexes out of the blue move on unexpected news... but look what happened... they can soar... but they hit fences. NQ called these things to a friggin "T". He does it on the up-side, he's done it on the downside. B1 has me on super-ignore... but he's an idiot if he doesn't include NQ in his top 12. Top 3 easy. From what I've seen here... when it comes to ES... gold, silver, or bronze for sure. So... ..."By the power invested in me (as a mere court jester)... @NQurious is hereby inducted into 'The Order of the Magic Pencil'. May it continue to serve him well." Beast calls NQ. For real bro. I'm grandfathered in if and when you ever go pro mofo.
That's too funny. I burned a copy of this exact one shortly after I made that post and sent it off to an up-and-comer. Gen Z type lol.
Consider me your comrade in arms. Got chewed up and spit on a few times today. Anyway, took a short just now at 52