Spotted this possible head and shoulder pattern in a 2-hour chart of NQ. Trouble is just about every one of these fails. Some on shorter time frames play out. I was taught to look for bullish patterns in bull markets And bearish patterns in bear markets......What's a bear market whaaaa.
Sell off was cause fast moving chart formations swung to topping formation, just amazed so few identify charting formations. Then on falling so much, most ready to throw in towel when it becomes buying opportunity. Price gave nice A-B-C bottom OK, time for Starbucks, Pikes with double heavy cream steamed, with cinnamon. Am on rigid all vegetable diet, need little fat added to diet. Animal proteins give me body pain, really like "Beyond" burgers. Sloppy days great for scalping.
You go to Starbucks a lot. You should post a photo of your fancy coffees. Instead of going to Starbucks...buy one of those fancy $5K coffee espresso machines. Start a YouTube channel on coffee. A YouTube, and social media, channel that covers both trading and coffee. Talk about trading while making coffee and drinking coffee. Sell coffee and trading t-shirts. That sounds like a million dollar idea. More people make a living from social media ad revenues, than in actual skilled trading.
I have a disease called Sarcoidosis, no cure, fatigue is huge factor, even if with sleeping pills and cpap I wake up exhausted, I don't do fancy coffees, too much sugar, I use Sweet n low, tried all the rest, I like what I like. I drink like total 3 pots of coffee a day on average, coffee like slows down my brain and allows me to be awake, like French Press as fancy as I get. Not into espresso, I live a quiet way of life in my Asperger's sort of life. Starbucks is quiet solution for me, people leave me alone. Most of my trading is done by automation, I basically now design systems I mostly never will use, some people do crossword puzzles....have to design many systems to find the holy grails, it is like pitching pennies, how close can you get to the line perfectly....Just got engaged, she is an artist, she gets me, understands my weird thinking, she understands I don't "feel" emotions like most everyone does, I never been actually happy, sad, don't feel love or hate, I don't know what it is to fear, I use definitions for what I don't have consciously, yet subconsciously some I can feel. I don't have a conscious of what I do, rules keep me balanced. Just cause I like Starbucks coffee and bought it at 10 bucks in 2009 doesn't mean I want to be in social media trouting t-shirts. I do have few Keurig's in my home. I buy $300-600 worth of Starbucks Christmas coffee each year. I don't like being photographed, am 6'6" tall, I know how I look without social media reminders. But thank you for your idea, might sell fiancée art by social media, been studying how Kincaid did so.
Look at them hungry buyers gobble up that dip....they just can't help themselves. Sell Offs are not allowed till October 1. Must finish the end of Q3 at all-time highs. You have to think like the big boys. And that's what they are thinking.