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Nice, right on the mark!KeiZai wrote:waiting for 1347.5 in ES to open shorts- just for scalp
Covered and joined you short, to SPY $133.65.Mr. BachNut wrote:Short.
Opened 1/3 position this morning on the initial spike.
I had one sell signal confirm yesterday and one not confirm.
I'll add another 1/3 at higher prices probably next week as OPEX approaches.
I don't like shorting into the maw of an anticipated rebound, but I want respect my signals.
If the rally is vigorous, this will get stopped out.
If it peters out, it will have a chance.
My spreadsheet assumes a rally on a gap up or a sell off on a gap down. Sometimes markets do the opposite. Reliability is lousy.CognitiveDissonance wrote:How did this play out in comparison to your spreadsheet?Petsamo wrote:Bad luck day for da bears
Thank you and thank Cobra, whatever technique can help you to make profit, it's your treasureswayne0708 wrote:Im with you and I prefer Cobra's techniques over ew any daysstockcycle wrote:Sometimes overbought, oversold, sentiment, moving average work better than EW.wayne0708 wrote:the ew counts really ius giving me a headache. It's good thing I dont know how to count waves.
If I cannot eat EW. I will consider EW counts as a spices in a soup.
I thought you may go short today???Mr. BachNut wrote:Short.
Opened 1/3 position this morning on the initial spike.
I had one sell signal confirm yesterday and one not confirm.
I'll add another 1/3 at higher prices probably next week as OPEX approaches.
I don't like shorting into the maw of an anticipated rebound, but I want respect my signals.
If the rally is vigorous, this will get stopped out.
If it peters out, it will have a chance.
EvilTrader wrote:"I dont question, i dont know, i dont want to know, it cant be known, i just follow price."
thats my new mantra.