One of the oldest tricks in the book. Very little upside left in this rally. One more daily rally cycle is all I am expecting personally...
26 points already... Hmmm... Looks like I need to shift my projections from the Tuesday sell signal setup lower... Lets see where bottom out at...
Another situation that is exactly the same as now... 2008. A solid 20-30 point parabolic rally in the week and a half after a couple days of...
The past doesn't always repeat exactly, but it Rhymes... Here is the situation we are headed into... Green dot shows where we are right now,...
Four day sequence??? That doesn't exist... This market is trading with a 5/3 average right now... Average of five days up, with three days...
The Tuesday Low conviction short I mentioned showed up. Haven't been bothering to update this journal. No trade here though... Just a LC-S....
Nah, just a few months at most. (Including this month). We didn't pull back enough for a major rally. If we get QE3 we could get a solid 5...
Spanish. Everyone is hoping for a bad jobs report tomorrow... So that we can get another multi-day rally. If we get a good jobs report our odds...
So, what was this guy in trouble for originally???
Tossing 100k worth of shares around in a penny stock is like someone tossing 60,000 ES in at market. People take notice and don't go against...
You all need to read George Taylors Trading Technique... Deals exactly with what this thread is focused on. Great book.
FX... Ugh... The FX market acts erratic and patterns weird. The price action doesn't make sense to me. Equities move differently depending upon...
Anyone ever notice this? I never thought about it before... But, I just realized the number of card game terms they use. They refer to moves as...
You are deluded in thinking trading is anything other than what he said... That is what trading is. Deceiving someone into buying something...
I dunno... I get a kick out of this place. It's entertaining as #*$#*!!! LoL... I think it's kind of an honest reflection of trading. Trading...
Whats up homeless bum? Btw, you can kiss your free government money goodbye within a few years. :D Mark my words.
And this matters why? As long as you know what price is minute to minute and the spread nothing else you need to know...
Meh, same thing really. Btw, know one thing I never understood... Why are SPX options higher leverage than SPY options? 6 Jul 12 (W)...
Honestly I am getting too lazy to play the spread with limit orders when I trade spy options... You can usually only improve your price by around...
The only sure thing this week was the continued move up into Tuesday. Now things get more interesting daytrading wise as we enter the unknown into...
Separate names with a comma.