blakecmathis
Well-known member
@skynetgen Probability for peak today @ 3150.25?
I wouldn't call this a course. My goal is zero fluff. I will jump right into my current watchlist, tell you the ThinkorSwim indicator that I'm using, and past trade setups to help you understand my swing trading strategy.
I'll play it if I see confirmation on price. Summation turned negative already@skynetgen Probability for peak today @ 3150.25?
thanks a lot, I was debating, but did not take it....I was actually considering short at 3PM but it went too fast without me.
The 15:34 one is possible but I consider this is more of gambling one- the trend is against you. The play is for move to vwp at EOD dump (which btw did not happen). If you want scalp 1-3 points its probably reasonable play, however that is not personally my style
@skynetgen Probability for peak today @ 3150.25?
I am using it on 1600t chart, it doesnt always give correct signals. Or I might not be reading it well. Thanks
Couple of trades I wish I would have played this morning. Should've seen that resistance @ 3112 coming from a mile away.
@skynetgen can you tell me why did you change 1600t to 2000t, do you get better signals that way?
thanks"Better" ? == more like different. 2k is a confirmation timeframe to me. From quick testing there was too much similiarity on 1k and 1.6 so I increased it to 2k where it was looking as separate confirmation and not duplicated of 1k . I didnt text extensively other timeframes. There might be a better combination of settings but for now its working more or less
Textbook plays man! That trisqz at the open - could not build confidence to execute it myself (was looking for excuses not to lol )Had a solid morning so decided to step away from everything in the pm and watch it play out. Went long with a triangle play on the initial breakout with my target set at 3148 = 88.7 Fib Level. Second trade was a head and shoulders play. Exit on that trade was extremely conservative. Took profits and bailed.
TMO with Fisher@Talochka What studies are giving you the down arrows?
BTW I would have taken the short you asked about. It had just rejected off the 200 EMA and once TMO and RSI were below the zero line around that time, I would consider that a pretty safe bet.
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