Trap trigger setups like this are my favorite of all setups, by
far. I'd love to have a system with alerts that only showed
these across like 20 of my favorite names on different time frames.
I need to ask ChatGPT about the logic that would get that
done.
For example, if SPX reverses soon and pushes above 5816, the
trap is triggered....again. Some people would call it a
failed auction or a look above / look below and fail, etc. I just
call them traps.
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interesting that the HP KISS
XBI still weak
Posted by skwan1940 on 11th of Oct 2024 at 12:02 pm
interesting that the HP KISS went long XBI after the recovery from the broken trendline
Trap trigger setups like this
Posted by bthefnd on 11th of Oct 2024 at 12:10 pm
Trap trigger setups like this are my favorite of all setups, by far. I'd love to have a system with alerts that only showed these across like 20 of my favorite names on different time frames. I need to ask ChatGPT about the logic that would get that done.
that's a good idea considering
Posted by skwan1940 on 11th of Oct 2024 at 12:16 pm
that's a good idea considering how popular TA has become (sometimes "everybody" is noticing the same pattern)
For example, if SPX reverses
Posted by bthefnd on 11th of Oct 2024 at 12:14 pm
For example, if SPX reverses soon and pushes above 5816, the trap is triggered....again. Some people would call it a failed auction or a look above / look below and fail, etc. I just call them traps.