Hi all, long time not posting here because of busy world outside
What do you guys think about gu next week?
Thank you.
What do you guys think about gu next week?
Thank you.
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DislikedTaking that those 3 bar specifically make up a 15min bar on the charts they are a UT over three bars confirmed by that gotcha bar that completly undoes the entire trap up move which occurred after that trigger level was printed.Ignored
DislikedYea that's what I thought. I've just never heard the term "Up Thrust over 3 bars" before.
Maybe you can look at a 15 minute chart and see it, but the fact that the next interval is that gottcha type bar tells you the BBs were trying to get the herd long on those bars.
Wow you're good.Ignored
Disliked. ..That brings me to a question, on tests such as no demands if the next bar makes a higher high, but closes lower than the close of the no demand do we still consider it valid?...Ignored
Dislikedalso look at this example, I would still consider this valid but just asking the experts. Where my cursor is we have a no supply followed by a bar making a lower low, but the second bar closes above the no supply. Would we still consider this no supply valid?Ignored
DislikedYea that's what I thought. I've just never heard the term "Up Thrust over 3 bars" before.
Maybe you can look at a 15 minute chart and see it, but the fact that the next interval is that gottcha type bar tells you the BBs were trying to get the herd long on those bars.
Wow you're good.Ignored
DislikedWell I guess the way to look at it is every 15 min bar is made up of 3 - 5 min bars and in this case we had an UT on the 15 min into new high ground... As soon as I saw this I would switch to the 5 min and wait to see if the next bar was down confirming the 15 min UT. The example you gave not only gave a confirmation but a sign of complete reversal hammering down in one move back below the trigger level. Confirmed weakness and now we look to get in short.Ignored
DislikedAs much as I love chart and tech talk...
Holy Shit do you guys have a lot of rules to really complicate things...
If doing this in the hindsight is this difficult...how the Eff do you trade live on it?Ignored
DislikedAs much as I love chart and tech talk...
Holy Shit do you guys have a lot of rules to really complicate things...
If doing this in the hindsight is this difficult...how the Eff do you trade live on it?Ignored
DislikedAs much as I love chart and tech talk...Holy Shit do you guys have a lot of rules to really complicate things...If doing this in the hindsight is this difficult...how the Eff do you trade live on it?Ignored
DislikedAHHHH simplicity.
Just go long when everything is green and go short when everything is red. That's what 95% of all traders do. (please pay no attention to the fact that 95% of all traders lose)
BTW, what's so hard about looking for what you want to see, where you want to see it?Ignored
DislikedHere is an oil etf I play. Matches the movements of oil well without the bull sh$$ stop hunts on futures. Next week is setting up for more topside testing. Ticker (oil) NyseIgnored
DislikedSeeing what you want to see, where you want to see it.
This is great chart that I took to answer a question from a PM. Unfortunately, I deleted the PM so if this doesn't answer that question just PM me again.
As it happens, this is also a great follow up to my previous post.
Take a look at the chart below.
Before going further, Let's repeat our mantra. It's all about seeing what we want to see, where we want to see it.
Okay, the first thing we need is our trigger bar. How one determines the trigger bar is up to him or her. The...Ignored
DislikedCummon HG...
You can't shit the shitter!
Seriously dude, you point me to 1 thread that does this?
95% of traders do the exact opposite, we both know that.
Ignore the charts and try to guess tops and bottoms...
There are very few traders that post and active threads that actually use a trigger for trends and observe price action, and even on them, you will see the vast majority of posters and replies Guessing the next Big Move...
What does this volume mean?
What does this set of candles say?
Who is buying and who is selling....
The...Ignored
Dislikedalso look at this example, I would still consider this valid but just asking the experts. Where my cursor is we have a no supply followed by a bar making a lower low, but the second bar closes above the no supply. Would we still consider this no supply valid?Ignored