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05/28/2020 Live Update

Re: 05/28/2020 Live Update

Postby JFR » Thu May 28, 2020 1:36 pm

Dow 30. 5 leaders and 5 laggards.


2020-05-28_1035.png
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Re: 05/28/2020 Live Update

Postby JFR » Thu May 28, 2020 1:39 pm

Visa. "To the Moon, Alice." Not even touching the EMA 20.


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Re: 05/28/2020 Live Update

Postby BullBear52x » Thu May 28, 2020 1:52 pm

filled at 60, let do it like NIKE
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Re: 05/28/2020 Live Update

Postby JFR » Thu May 28, 2020 1:53 pm

ES 5. Spike down to the EMA 20. Back later ...


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Re: 05/28/2020 Live Update

Postby BullBear52x » Thu May 28, 2020 1:56 pm

Cash SPX Fib,Bears know the routine, no home run until 38.2% is taken out. for now big bull is sitting at 61.8%.
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Re: 05/28/2020 Live Update

Postby BullBear52x » Thu May 28, 2020 2:17 pm

For intraday "Honey Hole Expedition" today is 4th time in the last couple weeks, a little harder today, not easy money today. well, still a very good planing for the trade, me thinks.
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Re: 05/28/2020 Live Update

Postby BullBear52x » Thu May 28, 2020 2:22 pm

My stops is new HOD, good luck, Peace!
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Re: 05/28/2020 Live Update

Postby Cobra » Thu May 28, 2020 2:23 pm

The pullback should be bought again (a little late while I'm typing) but since it broke the EMA20 a little bit so beware sometimes it means it's the last rebound before the uptrend ends.
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Re: 05/28/2020 Live Update

Postby JFR » Thu May 28, 2020 2:27 pm

SPY 5. Riding the EMA 20.


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Re: 05/28/2020 Live Update

Postby arzaccess » Thu May 28, 2020 2:30 pm

BullBear52x wrote:My stops is new HOD, good luck, Peace!


Looking at your chart (SPX with TRIN, RSI, etc.), I noticed that most of the selling comes on THE DAY AFTER your sell signal fires. Wouldn't it better to short towards the close (and hold overnight). In your case, would you just leave your short position on with stops in place?

Maybe because we had a small sample size. Best of luck.
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Re: 05/28/2020 Live Update

Postby JFR » Thu May 28, 2020 2:37 pm

SPY 15 min. P&F.


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Re: 05/28/2020 Live Update

Postby BullBear52x » Thu May 28, 2020 2:44 pm

arzaccess wrote:
BullBear52x wrote:My stops is new HOD, good luck, Peace!


Looking at your chart (SPX with TRIN, RSI, etc.), I noticed that most of the selling comes on THE DAY AFTER your sell signal fires. Wouldn't it better to short towards the close (and hold overnight). In your case, would you just leave your short position on with stops in place?

Maybe because we had a small sample size. Best of luck.

It depends, the day you position your trade you are day trade, to position at the best place, ie: my entry is 3060, now I am taking in 5 handles on half of the lot. my stops on the other half lot is at 2065, I am playing with house's money atm. if it got taken out so be it. it is what it is, if not, for months on in I will not bother. (3065 stops GTC.)
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Re: 05/28/2020 Live Update

Postby arzaccess » Thu May 28, 2020 3:00 pm

BullBear52x wrote:
arzaccess wrote:
BullBear52x wrote:My stops is new HOD, good luck, Peace!


Looking at your chart (SPX with TRIN, RSI, etc.), I noticed that most of the selling comes on THE DAY AFTER your sell signal fires. Wouldn't it better to short towards the close (and hold overnight). In your case, would you just leave your short position on with stops in place?

Maybe because we had a small sample size. Best of luck.

It depends, the day you position your trade you are day trade, to position at the best place, ie: my entry is 3060, now I am taking in 5 handles on half of the lot. my stops on the other half lot is at 2065, I am playing with house's money atm. if it got taken out so be it. it is what it is, if not, for months on in I will not bother. (3065 stops GTC.)


Awesome. Thanks for explaining =)
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Postby MrMiyagi » Thu May 28, 2020 3:31 pm

Post 15:00 ET Market Decline courtesy of Trump saying he’ll hold a press conference on China tomorrow, no time given.
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Re: 05/28/2020 Live Update

Postby Cobra » Thu May 28, 2020 3:40 pm


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Re: 05/28/2020 Live Update

Postby JFR » Thu May 28, 2020 3:42 pm

ES 5. Crash. Boom. Bah.


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Re: 05/28/2020 Live Update

Postby JFR » Thu May 28, 2020 3:45 pm

SPY 15 min. P&F. Pulling back.


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Re: 05/28/2020 Live Update

Postby BullBear52x » Thu May 28, 2020 3:48 pm

The Honey hole it is...... Peace!
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Re: 05/28/2020 Live Update

Postby Cobra » Thu May 28, 2020 3:52 pm


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Re: 05/28/2020 Live Update

Postby Cobra » Thu May 28, 2020 3:53 pm

Well, guess that's it for today. Here's what Friday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449397

Thank you guys, I'll see you in another thread soon.

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