Posted by DigiNomad on 19th of Dec 2023 at 10:48 am
I'd be very worried if trade ideas weren't killing it in a one
way market! My stoch/RSI combo indicator on the SPX weekly has been
pinned at 100 so long that it's forming a flat spot! It's a
very rare occurrence...the last time it happened was Dec - Jan 2020
and the market fell 1200 points the next month.
That might be a good premise for a trade signal - set an
alert to notify when weekly stoch RSI is 100 and slope approaches
zero (meaning it's been at 100 for multiple weeks)
on trade ideas yes market is up up and up, but it's also harder
to find ideas when the market is up every day because trade ideas
result from consolidation patterns and there are not a lot of those
when the market is up all the time. It's easier to find trade ideas
when the market had at least some consolidation. I'm not just going
to put out ideas that have no pattern
monster follow through on crypto stocks
Posted by matt on 19th of Dec 2023 at 10:27 am
all of these have been long ideas of ours
RIOT - Chart Link- -
WULF - Chart Link-
MARA - Chart Link-
Update: monster follow through on crypto stocks
Posted by matt on 19th of Dec 2023 at 12:22 pm
MARA - Chart Link- hope you lock in gains on the opening morning move, big pull in
RIOT - Chart Link-
The trade ideas lately have
Posted by timebandit on 19th of Dec 2023 at 10:44 am
The trade ideas lately have been killing it. I'm only in some of the recent ones due to my travel schedule, but all are doing well
I'd be very worried if
Posted by DigiNomad on 19th of Dec 2023 at 10:48 am
I'd be very worried if trade ideas weren't killing it in a one way market! My stoch/RSI combo indicator on the SPX weekly has been pinned at 100 so long that it's forming a flat spot! It's a very rare occurrence...the last time it happened was Dec - Jan 2020 and the market fell 1200 points the next month.
That might be a good premise for a trade signal - set an alert to notify when weekly stoch RSI is 100 and slope approaches zero (meaning it's been at 100 for multiple weeks)
on trade ideas yes market
Posted by matt on 19th of Dec 2023 at 10:57 am
on trade ideas yes market is up up and up, but it's also harder to find ideas when the market is up every day because trade ideas result from consolidation patterns and there are not a lot of those when the market is up all the time. It's easier to find trade ideas when the market had at least some consolidation. I'm not just going to put out ideas that have no pattern
hey man at least you've
Posted by matt on 19th of Dec 2023 at 10:48 am
hey man at least you've caught some, and safe travels! and thank you for the nice feedback