That makes sense, that low was the target area for the short trade I didn't take. I did consider going long after the low was put in, but same...
One problem I sometimes have with this is too many lines. Too often lately I come up with a line that makes it seem like I'll be buying into...
Interesting... I'll have to dig into this and come back with some questions.
Red's SPY chart looks different from what I've been seeing on SPX, so I compared the two. Interesting the SPX is still above the trendline,...
Very similar to what I've been looking at bigger picture on SPX. What do you mean by the line could become a right shoulder? I see a possible...
Dude, that's awesome. I can't wait until I can make as much in a day as I once had as my entire account balance!
Wow, you aren't afraid to put on some size. Did I misread the screen or were you in 36 contracts on that long trade at the end of the vid? :eek:
So you were looking for a push lower to 12600 before an up move, and then the real down move. In any case it looks like the weekly upside is...
Nice charts, I've got to get better at noticing these things. Hope you'll continue to contribute here.
I discovered that X was Yoohoo a while ago, but didn't want to blow his cover. I've read through the old posts more than once but have to say...
This could be an interesting journal, looking forward to seeing how it progresses.
I've known guys whose wives never give them credit for anything. That can happen no matter what line of work you're in. LOL :D Life can...
It seems the big problem in trading is the isolation, which can easily lead to depression. All the other downsides..... stress, bad back, big...
Thanks, I was already short as I should have been, but took profit impulsively and so needing a place to re-enter I used the entry shown in my...
X, could you give an opinion on this line? It's a 5-min ES chart. Price gave a backtest of it and headed lower. But just because the line...
Longer term look... SPX looks similar to this, Q's almost to upper channel limit.
Actually, yes, I do know a guy who says trading is easier. He said that when he started trading in the 90's he was paying $30 each way in...
Ahh... the old trading is/isn't impossible argument again. Always such a popular subject on ET. :) People say the game has changed, the world...
X, I'm going to hazard a guess that the FTSE downtrend from the 2007 high could be the big technical hurdle. Looking at a weekly chart of it....
Thanks, it all makes sense now. :)
Separate names with a comma.