For your information some of the systems were showing second
entries today at the lows, obviously that went away. An example of
what I call ghost trades that are meeting trigger conditions intra
day, but then go away, my observation actually provides good day
trades if someone went long intraday and sold at the close if those
conditions went away.
fredsaid, watch for a positive close tomorrow. It could be a
hanging man, and a reversal to the downside as a bearish option.
The descending trendline connecting recent highs should be a strong
resistance, and a stop for swing shorts not far above.
Also, watch TLT for continuation of its uptrend. Indexes cannot
rise with TLT falling.
Please advise if any of
Posted by fredsaid on 23rd of Feb 2023 at 03:04 pm
Please advise if any of the long system trades show exit criteria...i'm ready to be out of my longs.
No changes to the systems
Posted by James_Roe on 23rd of Feb 2023 at 03:46 pm
No changes to the systems today.
Thanks, James.
Posted by Ray on 23rd of Feb 2023 at 03:52 pm
Thanks, James.
For your information some of
Posted by matt on 23rd of Feb 2023 at 03:59 pm
For your information some of the systems were showing second entries today at the lows, obviously that went away. An example of what I call ghost trades that are meeting trigger conditions intra day, but then go away, my observation actually provides good day trades if someone went long intraday and sold at the close if those conditions went away.
Daytrading the ghost trades is
Posted by keyhole7 on 23rd of Feb 2023 at 04:19 pm
Daytrading the ghost trades is something I would be interested in Matt if you would be willing to post those trigger conditions
fredsaid, watch for a positive
Posted by junkie on 23rd of Feb 2023 at 03:11 pm
fredsaid, watch for a positive close tomorrow. It could be a hanging man, and a reversal to the downside as a bearish option. The descending trendline connecting recent highs should be a strong resistance, and a stop for swing shorts not far above.
Also, watch TLT for continuation of its uptrend. Indexes cannot rise with TLT falling.
Good call. I see the
Posted by fredsaid on 23rd of Feb 2023 at 03:15 pm
Good call. I see the 9, 200 and 50 converging on multiple time frames... perfect spot.