Slow friday, so here is something I've been looking at.
I shorted VXX almost as soon as it became available. Not for any technical/PA reasons, but some pretty solid fundamental ones. Didnt even realise that, at the time, I was looking at a BEOB at double top swing high with divergence and break of an IB.
Funny thing is, looking back at the equities I have held at some point or another, almost all of my entries could have been improved using j16 goodness.
I get this is all based on hindsight and woulda-shoulda-coulda and small sample size, but I've looked at twelve separate charts now, and I could have improved my entries on 8, and my exits on 6. Unfortunately, it took until like March this year for the penny to drop, so to speak.
It constantly amazes me how well this stuff works everywhere.
Now, if someone could just construct a OHLC chart of my girlfriends crankiness, I'd recognise the bullish pin last weekend and would have gone long flowers
I shorted VXX almost as soon as it became available. Not for any technical/PA reasons, but some pretty solid fundamental ones. Didnt even realise that, at the time, I was looking at a BEOB at double top swing high with divergence and break of an IB.
Funny thing is, looking back at the equities I have held at some point or another, almost all of my entries could have been improved using j16 goodness.
I get this is all based on hindsight and woulda-shoulda-coulda and small sample size, but I've looked at twelve separate charts now, and I could have improved my entries on 8, and my exits on 6. Unfortunately, it took until like March this year for the penny to drop, so to speak.
It constantly amazes me how well this stuff works everywhere.
Now, if someone could just construct a OHLC chart of my girlfriends crankiness, I'd recognise the bullish pin last weekend and would have gone long flowers
When you have to shoot, shoot. Dont talk.