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Thanks.silicon_beaver wrote:should be Oct. 2008?feibingjia wrote:CM lao da hao! Can you please tell me which month of 2008? So i can go to check it from the chart...Thanks!!CoolMax wrote:I suddenly remember the 700B event back 2008 at similar level. which I learnt big lesson at that time.
My strategy would be build Long with short term OTM PUT to hedge.
Good luck to everyone!
no. you need watch XLY, this one leads.lilitulip wrote:Hello Cobra, XLI broke below June low and MA 200, is this meaningful indicator? thank you
come on man. what's going on.Cobra wrote:no. you need watch XLY, this one leads.lilitulip wrote:Hello Cobra, XLI broke below June low and MA 200, is this meaningful indicator? thank you
Actually nothing matters, I found the so called 70% winning rate 1-2-3 Formation (see getting start) was incorrect, 1-2-3 Formation failure rate perhaps is higher than 70% if not 100% !!!
unless you use extra larger stop loss. from my experiences, 1-2-3 failure rate is extremely high. maybe you saw me commented a lot 1-2-3 before in my daily report, but nowadays I almost don't mention them? Or at least don't bother to calculate the target any more, that's because they mostly failed.soku wrote:come on man. what's going on.Cobra wrote:no. you need watch XLY, this one leads.lilitulip wrote:Hello Cobra, XLI broke below June low and MA 200, is this meaningful indicator? thank you
Actually nothing matters, I found the so called 70% winning rate 1-2-3 Formation (see getting start) was incorrect, 1-2-3 Formation failure rate perhaps is higher than 70% if not 100% !!!
i like 123 and i have seen people trading it and make constant profits. most failure i saw were pretty much wrong application of it.
anyway, deed speak, from now on, in the intraday chart, let's paper trade some 1-2-3 to see whether they work or not.soku wrote:come on man. what's going on.Cobra wrote:no. you need watch XLY, this one leads.lilitulip wrote:Hello Cobra, XLI broke below June low and MA 200, is this meaningful indicator? thank you
Actually nothing matters, I found the so called 70% winning rate 1-2-3 Formation (see getting start) was incorrect, 1-2-3 Formation failure rate perhaps is higher than 70% if not 100% !!!
i like 123 and i have seen people trading it and make constant profits. most failure i saw were pretty much wrong application of it.
Hmm, could be due to weekly expiration. Thanks and welcome aboard.newbie_77 wrote:hello all,
i am new to this forum but have been following it for last 2 weeks and have found extremely abundance with trading information.
at least for today, they might try to pin the spy around 130 (i am saying because of weekly expiration ) of course it does not matter much when we talk about trends and technical.
once again thank you all for having such a lively discussion. helps newbie like me
Interesting thought. The market seems really nervous but maybe it is just algos on the weekly options.newbie_77 wrote:hello all,
i am new to this forum but have been following it for last 2 weeks and have found extremely abundance with trading information.
at least for today, they might try to pin the spy around 130 (i am saying because of weekly expiration ) of course it does not matter much when we talk about trends and technical.
once again thank you all for having such a lively discussion. helps newbie like me