BullBear52x
Posts: 29598 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Mon Oct 11, 2021 11:58 am
A cage fight. bull flag or 2x top? pick your camp.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
BullBear52x
Posts: 29598 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Mon Oct 11, 2021 11:59 am
mayflower999 wrote: BullBear52x wrote: mayflower999 wrote: BullBear52x wrote: Weak bulls, got stop out. waiting for sell setup now.
Would you mind sharing this particular trade, i.e., bought price and stopped out price? Just try to get an idea of your trading strategy (in particular stop set up etc.). Thank you!
Bought /ES 4400 stop 4399.
Buy dip RSI14 <30 then reverse above 30 triggers but I did not taking this buy. no new HH it could be 2x top, for now just watch.
Thanks for sharing! Stop with 1 point. Now I know why I keep losing money! Because my stop is too large.
depends, last short trade I took the stop is 3 points. it's all depend on the chart and trend.
My comments are for entertainment/educational purpose only. NOT a trade advice.
Cobra
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by Cobra » Mon Oct 11, 2021 11:59 am
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BullBear52x
Posts: 29598 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Mon Oct 11, 2021 12:05 pm
My comments are for entertainment/educational purpose only. NOT a trade advice.
BullBear52x
Posts: 29598 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Mon Oct 11, 2021 12:07 pm
A trade below 4385, bears will hit a home run today.
My comments are for entertainment/educational purpose only. NOT a trade advice.
Trades w 2 Cats
Posts: 1707 Joined: Tue Dec 15, 2020 3:48 pm
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by Trades w 2 Cats » Mon Oct 11, 2021 12:14 pm
Sure looks like a double top and the 30 minute rule was observed.
If looking for stop loss placement the rule I was taught was 1 tick above the swing high or low regardless of which bar you enter on.
JFR
Posts: 10177 Joined: Sun Dec 02, 2012 7:24 pm
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by JFR » Mon Oct 11, 2021 12:30 pm
SPY 5. Good action the last couple of days. Bumped its head hard at resistance at 1145 this am.
Charts posted are not recommendations. They are just a sharing of information.
Cobra
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Posts: 58540 Joined: Sat Feb 12, 2011 10:29 pm
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by Cobra » Mon Oct 11, 2021 1:08 pm
Testing day low, let's see whether bulls can make a double bottom here. Should be a rebound first then we'll see.
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BullBear52x
Posts: 29598 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Mon Oct 11, 2021 1:08 pm
No sign that bears are done. sit out, one more sell.
My comments are for entertainment/educational purpose only. NOT a trade advice.
mayflower999
Posts: 12 Joined: Mon Aug 23, 2021 4:24 pm
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by mayflower999 » Mon Oct 11, 2021 1:14 pm
BullBear52x wrote: No sign that bears are done. sit out, one more sell.
Does this mean you are just keeping your previous short position? Thanks!
BullBear52x
Posts: 29598 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Mon Oct 11, 2021 1:22 pm
one last sell now that bulls are confusing.
My comments are for entertainment/educational purpose only. NOT a trade advice.
BullBear52x
Posts: 29598 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Mon Oct 11, 2021 1:23 pm
mayflower999 wrote: BullBear52x wrote: No sign that bears are done. sit out, one more sell.
Does this mean you are just keeping your previous short position? Thanks!
No, at certain area I am closing out all. chase them down with new position just like now.
My comments are for entertainment/educational purpose only. NOT a trade advice.
mayflower999
Posts: 12 Joined: Mon Aug 23, 2021 4:24 pm
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by mayflower999 » Mon Oct 11, 2021 1:29 pm
when you said "sit out", I thought you meant don't take any action.
BullBear52x
Posts: 29598 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Mon Oct 11, 2021 1:30 pm
Bears may get lucky to 52ish overnight low. but GREED kills. Peace!
My comments are for entertainment/educational purpose only. NOT a trade advice.
BullBear52x
Posts: 29598 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Mon Oct 11, 2021 1:33 pm
mayflower999 wrote: when you said "sit out", I thought you meant don't take any action.
When I said sit out/sit on hands. it means no position just wait out.
My comments are for entertainment/educational purpose only. NOT a trade advice.
Trades w 2 Cats
Posts: 1707 Joined: Tue Dec 15, 2020 3:48 pm
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by Trades w 2 Cats » Mon Oct 11, 2021 1:35 pm
Oh Boy, that 4350 magic options strike is coming at us yet again. As Yogi used to say "It's Deja Vu all over again!"
JFR
Posts: 10177 Joined: Sun Dec 02, 2012 7:24 pm
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by JFR » Mon Oct 11, 2021 1:36 pm
Roller Coaster ride. Trying to hang on to support.
Last edited by
JFR on Mon Oct 11, 2021 4:16 pm, edited 1 time in total.
Charts posted are not recommendations. They are just a sharing of information.
BullBear52x
Posts: 29598 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Mon Oct 11, 2021 1:40 pm
Gap danger! haha, well, tomorrow is another day. Peace!
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My comments are for entertainment/educational purpose only. NOT a trade advice.
JFR
Posts: 10177 Joined: Sun Dec 02, 2012 7:24 pm
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by JFR » Mon Oct 11, 2021 1:49 pm
SPY daily. Hanging on the EMA 20 and 50. Hanging on by its white knuckles. Ha ha.
Back later ...
bNVaz.jpg (36.98 KiB) Viewed 1924 times
Charts posted are not recommendations. They are just a sharing of information.
mayflower999
Posts: 12 Joined: Mon Aug 23, 2021 4:24 pm
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by mayflower999 » Mon Oct 11, 2021 2:04 pm
BullBear52x wrote: mayflower999 wrote: when you said "sit out", I thought you meant don't take any action.
When I said sit out/sit on hands. it means no position just wait out.
Got you! It's no position no action and just wait.