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Out of Bounds wrote:I see the same thing.BullBear52x wrote:yes sir, 1586.68MrMiyagi wrote:1586?BullBear52x wrote:I am looking for 100% extensions this time.
Not always a sell on 2nd touch, but I use candlestick to judge the momentum (train might be dying if 20ema 5min fails mentality). That said, on up train days, first touch 20ema 5min buy has a very high probability (HIGHER than the 2nd touch sell, for obvious reasons) as a quick scalp, vice versa for down train days, reload shorts at 20ema 5min.L_T wrote:I was mostly being a comedian (trying?) with what I said. Do you have any knowledge to back up always sell a 2nd touch? Just curious as I love the 1st touch rule. Thanks.Unique wrote:First touch 20ema 5min is a buy, second is a short. It worked well today and yesterday.Cobra wrote:in today's case, better wait for H2 because the pullback is too sharp.L_T wrote:Cobra do have a rule where the 2nd touch of EMA 20 should be bought?
I'm positioned for the breakdown. Straight short position which I added to today and am comfortable holding. After the close outside upper BB on the daily chart it has generally been a reliable place to short XIV. GLTAfehro wrote:bounce on neckline? or sharp breakdown.
better bet is VIXIES above or under their MA at the same time.joeynickels wrote:I'm positioned for the breakdown. Straight short position which I added to today and am comfortable holding. After the close outside upper BB on the daily chart it has generally been a reliable place to short XIV. GLTAfehro wrote:bounce on neckline? or sharp breakdown.
Nice chart. ThanksBullBear52x wrote:better bet is VIXIES above or under their MA at the same time.joeynickels wrote:I'm positioned for the breakdown. Straight short position which I added to today and am comfortable holding. After the close outside upper BB on the daily chart it has generally been a reliable place to short XIV. GLTAfehro wrote:bounce on neckline? or sharp breakdown.
Cobra you forced me to refer back to my notes. Hopefully someone else gets value out of this.L_T wrote:Cobra wrote:not sure if the rebound has started. didn't see good H2 long yet. wait.
Have a good evening.BullBear52x wrote:Bearish bias intraday, but....greed kills
have a good one, Peace!
I thought it might be but it looks like it is waiting for the PH call in 30 minutes to ramp up yet again. Crazy.BullBear52x wrote:Bearish bias intraday, but....greed kills
To be fair, that is still 1.5%Tabby wrote:RAD is only 3 cents far away from 52Wk high.
Here's a few charts with a few of the rules/setup I've found over the years.Unique wrote:Not always a sell on 2nd touch, but I use candlestick to judge the momentum (train might be dying if 20ema 5min fails mentality). That said, on up train days, first touch 20ema 5min buy has a very high probability (HIGHER than the 2nd touch sell, for obvious reasons) as a quick scalp, vice versa for down train days, reload shorts at 20ema 5min.L_T wrote:I was mostly being a comedian (trying?) with what I said. Do you have any knowledge to back up always sell a 2nd touch? Just curious as I love the 1st touch rule. Thanks.Unique wrote:First touch 20ema 5min is a buy, second is a short. It worked well today and yesterday.Cobra wrote:in today's case, better wait for H2 because the pullback is too sharp.L_T wrote:Cobra do have a rule where the 2nd touch of EMA 20 should be bought?
Also, I'll post chart later with some of my 1min 100sma vs 200sma scalp signals.