agnosia wrote:hey guys.. i couldn't sleep last night so i traded crude all night.... currently short from 101.20, the 20 sma on the daily. hoping for a gap fill to 100.23... then maybe pass out ???
i am covering my short here at 100.30.. close enough to the gap from yesterday.
ken d wrote:Sometimes I think market movement is nothing more than an exercise in filling gaps. We just filled the 4/19 to 4/20 gap. Basicallay, reversed off of that. I might speculate that we are on path to fill the 5/20 to 5/23 gap. I would not be surprised to see another reversal at this point.
(Stock cycle already pointed the gap fill idea out !!! Excuse my comment if you find it redundant)
note to newbies and to myself,
my day trades were loosers because i shorted against a positive $TICK and the volume ratio on SPY
Volume ratio on ES fooled me it favored my trades, and was negative.
blanker blanker!!!!!!
the market's goal is to distribute the wealth of many to as few hands as possible
ken d wrote:Sometimes I think market movement is nothing more than an exercise in filling gaps. We just filled the 4/19 to 4/20 gap. Basicallay, reversed off of that. I might speculate that we are on path to fill the 5/20 to 5/23 gap. I would not be surprised to see another reversal at this point.
(Stock cycle already pointed the gap fill idea out !!! Excuse my comment if you find it redundant)
It's good if some peoples have same idea
50% of my trading ideas in crude have to do with gap fills. traders love to fill them and you can build an entire trading career trading them. start marking them and keeping them on your charts... even if a gap misses by .25c, keep it there....
ken d wrote:Sometimes I think market movement is nothing more than an exercise in filling gaps. We just filled the 4/19 to 4/20 gap. Basicallay, reversed off of that. I might speculate that we are on path to fill the 5/20 to 5/23 gap. I would not be surprised to see another reversal at this point.
(Stock cycle already pointed the gap fill idea out !!! Excuse my comment if you find it redundant)
It's good if some peoples have same idea
50% of my trading ideas in crude have to do with gap fills. traders love to fill them and you can build an entire trading career trading them. start marking them and keeping them on your charts... even if a gap misses by .25c, keep it there....
Dear Agnosia,
Delighted to hear from you. Could you share some of your trading experiences/tricks. My email: [email protected]
A bullish combination below. Only caution: a small window of geomagnetism forecast 27-30 May. But I'm long and watching the space weather...
The dots are not accurately placed. I was watching these correlations recently. But there is a real tendency.
Hi Gabor, the dots are accurately placed. The line is skewed to the right because the pressure is into and around the new moon or full moon. I.e. we don't hit new moon then fall. This is about nocturnal illumination and its role in human evolution so the general period leading into and around maximum moonlight is what we are working on. I should work on the line...
BullBear52x wrote:Why short here is good idea? down channel and RSI, 60 min. here.
Hi BullBear52x, I have a [stupid] question. I wondered why our price channels look slightly different and it's because Stock Charts recorded the SPY high at 137.66, versus your TDA chart showing a high at 137.66. Do you know the reason for this difference? Stock Charts provides data directly from the exchanges so I'm wondering why there would be any difference?