thanks RB, have not checked him for a while, i like to read avi
gilburt and their counts are very similar, their only
difference is timing for next 5 top, avi is looking for sept/oct
this year, but same price targets.
and yep imho not perfect, poss same pattern looks a little betr
on ES 15 tho but in the end see if it plays out, even if consensis
says it is
nota valid h&S
it would still be breaking multiple support trendline
mmm yep i thinking we may be in for a bigger washout here, 60 m
chart with much fib confluence at 1838 which = full h&s
measurement, so stop at just betr than breakeven now and see where
we get to
so THAT overnight lo on es seems to want to hold for now anyway
steve and there is a little 3 thrust lo now on spx,,,,, but do not
know if i am that brave really.
dunno why just do . so ashplant re-read steves reply
below, slowly, you are so far off base it is laughable.
but, your post provides good food for thought for me and
probably many others. this is going to sound like i am making a big
deal out of not much but the biggest thing i think i have learn't
in 15 years of trading ( it took me about 12 to recognize it) is
that THERE ARE NO WRONG TRADES, if you are doing it properly. Sure
there are many losers as well as winners but if you are trading to
a set of rules they are all good trades, some win some lose.
trading is about probablilities and nobody wins all the time AND
you only need to win half the time if you have a good plan ,
and that is enough to do very nicely thank you. if you can win 60
or 70% of the time and stick to your plan you should make a
fortune. if all the trades you make are by your rules then
none of them are
wrong,some will just lose money and some will not.
to sway the probability in our favour we use technical analysis,
and if there are a few , rather than one , bit of analysis that
indicate the same outcome this helps.
steve points out that he uses the vix bb indicator to put him on
alert to a possible spx reversal but that his TRIGGER comes from
the chart of the spx. so he has two separate bits of analysis that
indicate the same possible outcome, strengthening the case. it
could still all go to s#!t, it often does, but the odds have been
narrowed a bit in our favour. If you take this trade 10 times it
will probably work in your favour 6 or 7 times out of 10. with
reasonable money management that is good bucks.
so anyway in all my time (f@#K i feel old now) haha, i have
never run across a couple of blokes who take more time and make
more effort to teach us , genuinely, so don't argue with em, by all
means discuss and question til you understand, and then thank
them.
well...... i agree with both of you, do not think downside is
done but do think there may be a nice reversion to mean trade there
with a good risk reward and obvious trigger as shown, that may then
set up a lower high, for a second leg down....... have to watch and
see what we get,, thanks for posting :)
so no did not buy svlt, i should have,,but i did listen and take
a nice mouthful of DUST when it bounced of the daily MA's this
morning, as per newsletter,, thank you Steve
The community is delayed by three days for non registered users.
tick tok
Live tick charts: where are they?
Posted by morgan8 on 10th of Apr 2015 at 05:38 am
http://breakpointtrades.com/blog/post/249072/#249079
look here for a URL matt posted a few days ago to the tick charts and a bit of other info
ps. they are only" live" during normal market hours
thanks matt - handy
Ninja Trader Indicators
Posted by morgan8 on 7th of Apr 2015 at 08:36 pm
thanks matt - handy
https://caldaro.wordpress.com/
Those who are Tony Caldaro fans he has an interesting Longer term scenario.
Posted by morgan8 on 1st of Mar 2015 at 09:14 pm
https://caldaro.wordpress.com/
caldaro
Those who are Tony Caldaro fans he has an interesting Longer term scenario.
Posted by morgan8 on 1st of Mar 2015 at 06:53 pm
thanks RB, have not checked him for a while, i like to read avi gilburt and their counts are very similar, their only difference is timing for next 5 top, avi is looking for sept/oct this year, but same price targets.
thanks all 3 of you
HUI Daily
Posted by morgan8 on 18th of Jan 2015 at 08:54 pm
thanks all 3 of you , intelligent, relevant, discussion
matt this will b interesting?
interesting chart with projections based on historical times
Posted by morgan8 on 25th of Nov 2014 at 11:33 am
matt this will b interesting? - in fact looking a bit tooooo frightening right now
no all good ta and yep
Question all:
Posted by morgan8 on 16th of Nov 2014 at 09:43 pm
no all good ta
and yep imho not perfect, poss same pattern looks a little betr on ES 15 tho but in the end see if it plays out, even if consensis says it is nota valid h&S it would still be breaking multiple support trendline
mmm yep i thinking we
mmmmm?
Posted by morgan8 on 15th of Oct 2014 at 08:51 am
mmm yep i thinking we may be in for a bigger washout here, 60 m chart with much fib confluence at 1838 which = full h&s measurement, so stop at just betr than breakeven now and see where we get to
mmmmm?
Posted by morgan8 on 15th of Oct 2014 at 06:59 am
good morning, hello, and my ES chart looks very head and shoulderish right now????
so THAT overnight lo on
ES 15 Minute View
Posted by morgan8 on 8th of Oct 2014 at 10:25 am
so THAT overnight lo on es seems to want to hold for now anyway steve and there is a little 3 thrust lo now on spx,,,,, but do not know if i am that brave really.
or 1924.25 !!!! you had
ES 15 Minute View
Posted by morgan8 on 8th of Oct 2014 at 10:16 am
or 1924.25 !!!! you had me scrambling for a minute there .....
Title: so i feel like
VIX Signal Led To Nice Rally
Posted by morgan8 on 25th of Sep 2014 at 08:16 am
dunno why just do . so ashplant re-read steves reply below, slowly, you are so far off base it is laughable.
but, your post provides good food for thought for me and probably many others. this is going to sound like i am making a big deal out of not much but the biggest thing i think i have learn't in 15 years of trading ( it took me about 12 to recognize it) is that THERE ARE NO WRONG TRADES, if you are doing it properly. Sure there are many losers as well as winners but if you are trading to a set of rules they are all good trades, some win some lose.
trading is about probablilities and nobody wins all the time AND you only need to win half the time if you have a good plan , and that is enough to do very nicely thank you. if you can win 60 or 70% of the time and stick to your plan you should make a fortune. if all the trades you make are by your rules then none of them are wrong,some will just lose money and some will not.
to sway the probability in our favour we use technical analysis, and if there are a few , rather than one , bit of analysis that indicate the same outcome this helps.
steve points out that he uses the vix bb indicator to put him on alert to a possible spx reversal but that his TRIGGER comes from the chart of the spx. so he has two separate bits of analysis that indicate the same possible outcome, strengthening the case. it could still all go to s#!t, it often does, but the odds have been narrowed a bit in our favour. If you take this trade 10 times it will probably work in your favour 6 or 7 times out of 10. with reasonable money management that is good bucks.
so anyway in all my time (f@#K i feel old now) haha, i have never run across a couple of blokes who take more time and make more effort to teach us , genuinely, so don't argue with em, by all means discuss and question til you understand, and then thank them.
thank you steve and matt.
my other favourite trade for the week
Posted by morgan8 on 10th of Sep 2014 at 10:29 am
big gap to fill......hopefully
well sorry 3 attempts to upload chart and it will not let me - ECYT try again later
czz short
Posted by morgan8 on 10th of Sep 2014 at 10:10 am
thank you matt i think this time? but both of you anyway, closed half now and tight on the other half
well...... i agree with both
ETN
Posted by morgan8 on 5th of Aug 2014 at 09:23 am
well...... i agree with both of you, do not think downside is done but do think there may be a nice reversion to mean trade there with a good risk reward and obvious trigger as shown, that may then set up a lower high, for a second leg down....... have to watch and see what we get,, thanks for posting :)
so no did not buy
So is everyone who listened to Steve's newsletter last night ...
Posted by morgan8 on 1st of Aug 2014 at 11:45 am
so no did not buy svlt, i should have,,but i did listen and take a nice mouthful of DUST when it bounced of the daily MA's this morning, as per newsletter,, thank you Steve
unless of course you are
Be mindful of chasing shorts down with the market oversold. ...
Posted by morgan8 on 1st of Aug 2014 at 10:30 am
unless of course you are a ........
ARRS ( Short) - check TI - Chart Link
i see it as a
Posted by morgan8 on 30th of Jul 2014 at 08:55 am
i see it as a bit of an each way bet. whichever ways it goes might be good for a quick 20%
cheers for the heads up
AUMN
Posted by morgan8 on 30th of Jul 2014 at 08:44 am
cheers for the heads up , i like this one
nope, trading halted apparently
CYNK is a bubble waiting to burst. $6 Billion Market ...
Posted by morgan8 on 11th of Jul 2014 at 08:54 am
nope, trading halted apparently