Not all twins are identical, neither are patterns :)
-4% wait for next setup
Short position's been closed, will look to re-enter at a higher level. Currently Long, taking advantage of the daily upside bias (12345/DB). Next...
BTW on weekly crude I can see 12345, upside likely to continue in crude.
TA is descriptive for investors? That's total horseshit! You are flogging them the idea that you're so advanced that you do not implement TA in...
Short covered at entry, will look to re-enter higher. Hedge Long now main position, so placing stop loss at 1880.
What about other indexes? Small caps will always be more volatile in comparison to blue chips.
UK likely to leave EU (IMO). There will be a lot of scaremongering sponsored by the elite, but people had enough.
I am close to getting out of short to possibly re-enter higher, no double down.
Pssst Goodboy, I think you need to sack your quant team, as you keep trading with a 50% (or worse) probability, you wasting money on randomness.
Monthly 10 SMA is around current daily next resistance zone. Likely next target IMO.
Upside likely TOWARDS 2000-2020 SPX
I sense we gonna smash through that 1940 zone resistance, I may have to close the short and consider shorting at higher level.
Goodboy (aka Surf, Debit, Jim Nestle, etc.) on ET is basically a devil's advocate, as his own non-TA (cough cough) PD's probability is around or...
There's the answer, so thread can be closed now.
Goodboy's got D.I.D.
So what's the big deal?
What's your method's probability?
"I do NOT have a drinking problem!" - sleeping beauty. [ATTACH]
That's so true, myself included. When I trade 1 minute patterns I am out at the first sign of a reversal. But when I trade longer time frames I...
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