The FundamentalValues short indicator says the market is likely
to rally into year end now since I have a small hedge on. Sorry or
your welcome in advance
If the symmetry lines just posted out the diamond are at all
accurate then it seems a 2nd entry tho’ nice to hear seems
premature since the lines target much higher
The lines all mean something until the market message, news, or
whatever changes. Targets are certainly there, but nobody knows if
it will play out, when, in a straight line, or not, etc. That's why
I prefer to follow the system as instructed. The debate goes away
and I get to go back to my life. I agree the bearishness has
however gotten pretty extreme over the past weeks and it would be
more than reasonable to see 3,800-3,900, even up to 4,110 into year
end.
That being said, there is a gap below at 3,583 that bothers me.
I have no idea what Oz will do, so I'm operating as a robot and
following the system for trading right now. My long term stuff is
much different, I have a lot of my longs from the corona crash, so
all good. Otherwise, buy some T Bills, and done.. Keeping a good
bit of powder dry in case we get new lows at some
point/capitulation type conditions. Takes patience right now but it
is worth it. Patience has always paid me, no rush right
now.
there was some on that 30 min ES I posted, it was there and went
away,
on the other time frames we have multiple ones so far on daily,
1/2 day, 130 min - again depends on close - those can appear and
disappear intra candle, the close is needed to confirm
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Any amateur buying today on
Posted by simple_million on 24th of Oct 2022 at 03:14 pm
Any amateur buying today on a meaningful timeframe?
I did some buying today.
Posted by mastermind on 24th of Oct 2022 at 03:25 pm
I did some buying today. That could qualify.
The FundamentalValues short indicator says
Posted by fundamentalvalues on 24th of Oct 2022 at 03:27 pm
The FundamentalValues short indicator says the market is likely to rally into year end now since I have a small hedge on. Sorry or your welcome in advance
If the symmetry lines just
Posted by watcdy on 24th of Oct 2022 at 03:31 pm
If the symmetry lines just posted out the diamond are at all accurate then it seems a 2nd entry tho’ nice to hear seems premature since the lines target much higher
The lines all mean something
Posted by fundamentalvalues on 24th of Oct 2022 at 03:38 pm
The lines all mean something until the market message, news, or whatever changes. Targets are certainly there, but nobody knows if it will play out, when, in a straight line, or not, etc. That's why I prefer to follow the system as instructed. The debate goes away and I get to go back to my life. I agree the bearishness has however gotten pretty extreme over the past weeks and it would be more than reasonable to see 3,800-3,900, even up to 4,110 into year end.
That being said, there is a gap below at 3,583 that bothers me. I have no idea what Oz will do, so I'm operating as a robot and following the system for trading right now. My long term stuff is much different, I have a lot of my longs from the corona crash, so all good. Otherwise, buy some T Bills, and done.. Keeping a good bit of powder dry in case we get new lows at some point/capitulation type conditions. Takes patience right now but it is worth it. Patience has always paid me, no rush right now.
Love the logic. Agree
Posted by bpozdoll1717 on 24th of Oct 2022 at 04:06 pm
Love the logic. Agree
there was some on that
Posted by matt on 24th of Oct 2022 at 03:18 pm
there was some on that 30 min ES I posted, it was there and went away,
on the other time frames we have multiple ones so far on daily, 1/2 day, 130 min - again depends on close - those can appear and disappear intra candle, the close is needed to confirm