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Re: 05/23/2018 Live Update

PostPosted: Wed May 23, 2018 11:30 am
by Cobra
mini target, exceeds it then bulls may have hopes.

Re: 05/23/2018 Live Update

PostPosted: Wed May 23, 2018 11:38 am
by Cobra
by the way, I mentioned the bear target earlier. Now you can see it's a typical breakdown then sharp reversal (red arrow). At the time it hit the target, if your reward wasn't even 1 yet, you might decide to hold, now the question is: Can you still hold? Was the low in already? Or it's just a rebound? You see the dilemma here? Short is always hard, timing is very important. I have my reason not like short, so please don't lecture me for sharing my lots of blood money earned experiences.

Re: 05/23/2018 Live Update

PostPosted: Wed May 23, 2018 11:44 am
by fehro
mind your Cryptos… BTC under 6875… game over.. 5875, then 5000 then 2975. 6875 VERY key.. long term trend that goes, it will get very ugly fast

Re: 05/23/2018 Live Update

PostPosted: Wed May 23, 2018 11:48 am
by fehro
SPX resistance again … oil.. tries to push us up.. with it's spike :roll:

Re: 05/23/2018 Live Update

PostPosted: Wed May 23, 2018 11:50 am
by brokebybernacke2
Cobra wrote:by the way, I mentioned the bear target earlier. Now you can see it's a typical breakdown then sharp reversal (red arrow). At the time it hit the target, if your reward wasn't even 1 yet, you might decide to hold, now the question is: Can you still hold? Was the low in already? Or it's just a rebound? You see the dilemma here? Short is always hard, timing is very important. I have my reason not like short, so please don't lecture me for sharing my lots of blood money earned experiences.


TOTAL AGREEMENT excellent point- shorting best only in those once in every 10ish year periods of real corrections. obviously we are still not there yet, much blood in my past too. seemingly despite all bad news , market not responding, summer coming up, wants new highs. maybe fall/election time for bears, bulls amazing.

Re: 05/23/2018 Live Update

PostPosted: Wed May 23, 2018 11:51 am
by fehro
resistance here again

Re: 05/23/2018 Live Update

PostPosted: Wed May 23, 2018 11:51 am
by brokebybernacke2
fehro wrote:mind your Cryptos… BTC under 6875… game over.. 5875, then 5000 then 2975. 6875 VERY key.. long term trend that goes, it will get very ugly fast


agree 2000s coming in time.

Re: 05/23/2018 Live Update

PostPosted: Wed May 23, 2018 11:53 am
by Trades with cats
Second verse, same as the first ???

Re: 05/23/2018 Live Update

PostPosted: Wed May 23, 2018 12:01 pm
by Cobra

Re: 05/23/2018 Live Update

PostPosted: Wed May 23, 2018 12:02 pm
by Cobra
brokebybernacke2 wrote:
Cobra wrote:by the way, I mentioned the bear target earlier. Now you can see it's a typical breakdown then sharp reversal (red arrow). At the time it hit the target, if your reward wasn't even 1 yet, you might decide to hold, now the question is: Can you still hold? Was the low in already? Or it's just a rebound? You see the dilemma here? Short is always hard, timing is very important. I have my reason not like short, so please don't lecture me for sharing my lots of blood money earned experiences.


TOTAL AGREEMENT excellent point- shorting best only in those once in every 10ish year periods of real corrections. obviously we are still not there yet, much blood in my past too. seemingly despite all bad news , market not responding, summer coming up, wants new highs. maybe fall/election time for bears, bulls amazing.


Bulls simply keeps coming back, no matter what, really is amazing, I mean annoying!

Thank you for the agreement.

Re: 05/23/2018 Live Update

PostPosted: Wed May 23, 2018 12:02 pm
by QED
fehro wrote:mind your Cryptos… BTC under 6875… game over.. 5875, then 5000 then 2975. 6875 VERY key.. long term trend that goes, it will get very ugly fast

Thanks!
RobinHood (https://robinhood.com) allows me to trade Cryptos commission free now.
I am thinking about trading cryptos by starting a position in Ethereum.
It looks to be bearish, where do you see the chart support levels?

Re: 05/23/2018 Live Update

PostPosted: Wed May 23, 2018 12:05 pm
by Cobra
mini target met, now let's hope a higher low, better in the range buy zone (pointed by red arrow). The zone was divided into 4, so on the lowest 1/4 would have the best risk reward ratio assume today is a range.

Re: 05/23/2018 Live Update

PostPosted: Wed May 23, 2018 12:08 pm
by te_fern
TICKs have broken thru their MA lines, let's see if it can hold....

Re: 05/23/2018 Live Update

PostPosted: Wed May 23, 2018 12:08 pm
by Trades with cats
Rut Row, I have a pin bar or gravestone doji , waiting to see if it is meaningful or not.

Re: 05/23/2018 Live Update

PostPosted: Wed May 23, 2018 12:11 pm
by Cobra
can someone tell me if this is THE higher low? I'm not sure, I'll wait.

Re: 05/23/2018 Live Update

PostPosted: Wed May 23, 2018 12:23 pm
by Trades with cats
ES 06-18 (2000 Tick) 2018_05_23.png

There is that Rut Row gravestone Doji right at Cobra's line in the sand.

Re: 05/23/2018 Live Update

PostPosted: Wed May 23, 2018 12:25 pm
by Cobra
it's in the lowest 1/4 zone, now I need a strong bull signal bar.

Re: 05/23/2018 Live Update

PostPosted: Wed May 23, 2018 12:35 pm
by fehro
QED wrote:
fehro wrote:mind your Cryptos… BTC under 6875… game over.. 5875, then 5000 then 2975. 6875 VERY key.. long term trend that goes, it will get very ugly fast

Thanks!
RobinHood (https://robinhood.com) allows me to trade Cryptos commission free now.
I am thinking about trading cryptos by starting a position in Ethereum.
It looks to be bearish, where do you see the chart support levels?



i'd go long at 0.00 or better yet (-200.00) :roll: :lol: :lol: seriously.. red/green lines maybe .. but those go then no support to $50ish

Re: 05/23/2018 Live Update

PostPosted: Wed May 23, 2018 12:39 pm
by 1der
SPY 271.93 PBar line held as resistance for 5 min bar close. Lower rising trend line crosses old 271.16 PBar line. That271.16 maybe the line in the sand for the down move.
SPY 052318_03.jpg

Re: 05/23/2018 Live Update

PostPosted: Wed May 23, 2018 12:40 pm
by QED
fehro wrote:i'd go long at 0.00 or better yet (-200.00) :roll: :lol: :lol:

:lol: :lol: :lol: :lol: :lol: