wally1, My chart was from a StockMaster app. It is not very
sophisticated and stockcharts or tradestation would be better, but
sometimes I use it for a quick look. Steve answered me, we have to
wait for a range break. Frustrating, because you want to take it
from the top and expect you’re down but you may be wrong, so you
really need to wait for a break in the range. Hope that helps
Probably not a fair comment. MATT has a lot of balls to keep in the
air at one time, and he does a great job of doing so. I get
frustrated sometimes with after 4 pm calls on SPY trades, too, but
this time it was tenths of a point difference at the close, so
nothing he could avoid. He and STEVE do an amazing job
overall.
STEVE/MATT, Thank you for the reiteration. It is so
helpful in the indecision moments where I have a tendency to make
mistakes and over leverage in one direction or the other. I am over
leveraged now with a bearish bias because I took profits on my
longs this morning before the dip. I am waiting now to see if I
need to add some more Longs to allow for one more push. Thanks
again for your patience.
STEVE, please explain why not 2843. Just trying to understand.
It was the last high, I think. Just wiggle room to prevent a fake
out? Or is that the 50 DMA? Thanks.
MATT, I work off of an iPhone and can scroll left to right, but
I can not slide down to see the bottom of the DVT system page.
Could your tech guy perhaps fix that for us iPhone users?
Thanks!
MATT, AEGN corrected back to what looks like to support to
me at MA 130 on 60 minute chart. Worth a double down at this level
or take my lumps and cash out? Thanks for your thoughts on
how to interpret the chart.
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wally1, My chart was from
mdgfain, do you find those indicators helpful? What program is ...
Posted by mdgfain on 16th of Apr 2020 at 01:47 pm
wally1, My chart was from a StockMaster app. It is not very sophisticated and stockcharts or tradestation would be better, but sometimes I use it for a quick look. Steve answered me, we have to wait for a range break. Frustrating, because you want to take it from the top and expect you’re down but you may be wrong, so you really need to wait for a break in the range. Hope that helps
THANKS, STEVE! What do think
SPX 10 Recent Range
Posted by mdgfain on 16th of Apr 2020 at 01:30 pm
THANKS, STEVE! What do think about a short at the top
Of the range, 2800-2806? Since HS SPY and inverted HS SH, seems logical, but need your thoughts, please.
Inverted HS on SH?
Posted by mdgfain on 16th of Apr 2020 at 01:12 pm
Inverted HS on SH?
Probably not a fair comment.
No Sound on Wednesday's Newsletter!
Posted by mdgfain on 16th of Apr 2020 at 10:19 am
Probably not a fair comment. MATT has a lot of balls to keep in the air at one time, and he does a great job of doing so. I get frustrated sometimes with after 4 pm calls on SPY trades, too, but this time it was tenths of a point difference at the close, so nothing he could avoid. He and STEVE do an amazing job overall.
STEVE/MATT, Thank you for the
SPX 60 View Updated
Posted by mdgfain on 14th of Apr 2020 at 02:42 pm
STEVE/MATT, Thank you for the reiteration. It is so helpful in the indecision moments where I have a tendency to make mistakes and over leverage in one direction or the other. I am over leveraged now with a bearish bias because I took profits on my longs this morning before the dip. I am waiting now to see if I need to add some more Longs to allow for one more push. Thanks again for your patience.
Thx. I get it.
ES 2850 resistance area
Posted by mdgfain on 14th of Apr 2020 at 02:11 pm
Thx. I get it.
STEVE, please explain why not
ES 2850 resistance area
Posted by mdgfain on 14th of Apr 2020 at 01:50 pm
STEVE, please explain why not 2843. Just trying to understand. It was the last high, I think. Just wiggle room to prevent a fake out? Or is that the 50 DMA? Thanks.
Thx, ssaffer!
My Favorite type of short set up. FB on the ...
Posted by mdgfain on 14th of Apr 2020 at 01:21 pm
Thx, ssaffer!
MATT, Steve, No symmetry break
Posted by mdgfain on 9th of Apr 2020 at 02:36 pm
MATT, Steve, No symmetry break yet, so hold? 34 and 35 points.
Thanks, desanyn. Do you have
Interesting how the BPSPX appears to be in nosebleed territory ...
Posted by mdgfain on 9th of Apr 2020 at 01:41 pm
Thanks, desanyn. Do you have a pic by chance? Thanks!
ðŸ‘👠That’s what I’m trying
UPRO 5 min
Posted by mdgfain on 9th of Apr 2020 at 12:11 pm
ðŸ‘👠That’s what I’m trying to learn to do better. Doing that right now.
Agreed!
maybe we should post live trades on here wouldnt that ...
Posted by mdgfain on 9th of Apr 2020 at 10:32 am
Agreed!
Tagged.
SPX 50% Retrace
Posted by mdgfain on 9th of Apr 2020 at 10:27 am
Tagged.
STEVE, thanks. 2813-2748= 65. 50%
SPX 50% Retrace
Posted by mdgfain on 9th of Apr 2020 at 10:25 am
STEVE, thanks. 2813-2748= 65. 50% retrace= 2780?
My suspicion is that it
MATT/STEVE , back to support at 9 MA, and headed ...
Posted by mdgfain on 9th of Apr 2020 at 10:20 am
My suspicion is that it will drop to -2780 at the 20 EMA , then make another run. Happy for any comments, observations. Not just yes men.
MATT/STEVE , back to support
Posted by mdgfain on 9th of Apr 2020 at 10:15 am
MATT/STEVE , back to support at 9 MA, and headed back up on 5 min chart. I am holding my longs. Any comments on my reading of the chart? Thanks.
Thx!
New DVT 120 min
Posted by mdgfain on 8th of Apr 2020 at 01:35 pm
Thx!
MATT, I work off of
New DVT 120 min
Posted by mdgfain on 8th of Apr 2020 at 01:15 pm
MATT, I work off of an iPhone and can scroll left to right, but I can not slide down to see the bottom of the DVT system page. Could your tech guy perhaps fix that for us iPhone users? Thanks!
😩 Seriously?
SPY Monthly. My longer term target ( With the ...
Posted by mdgfain on 3rd of Apr 2020 at 02:32 pm
😩 Seriously?
MATT, AEGN corrected back to
Posted by mdgfain on 3rd of Apr 2020 at 12:24 pm
MATT, AEGN corrected back to what looks like to support to me at MA 130 on 60 minute chart. Worth a double down at this level or take my lumps and cash out? Thanks for your thoughts on how to interpret the chart.