Disliked{quote} NJ Short Trade Update: Added short #7, Scout, just before the close. No TP and no SL yet. {image}Ignored
Added shorts #8,9, Scouts.
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Disliked{quote} NJ Short Trade Update: Added short #7, Scout, just before the close. No TP and no SL yet. {image}Ignored
Disliked{quote} UCad Short Trade Update: Added shorts #2,3, Scouts. {image}Ignored
Disliked{quote} {quote} Doubting Thomas "Ajoe1" Doubts are part of this venture. Now, however, after seeing the gobs of trading on Friday at the highs the MMs pushed the price up to, followed by a selloff before the market closed, I have even more reasons to support my conjecture that the market makers are bears that are loading up on short orders. Time will tell. {image}Ignored
DislikedUCad Short Trade Opened: Entered short #1, pre-LS Classic as PA wave leg 2 prices came back up to an area of earlier support (and maybe now resistance). The LS might see higher prices, maybe back up to the PVT. If high enough, and if I am at the computer, I might add a short Scout. Can not know is such will happen, so decided to make this entry now. No TP or SL at this time. {image}Ignored
Disliked{quote} UCad Short Trade Update: Added shorts #2,3, Scouts. {image}Ignored
Disliked{quote} UCad Short Trade Update: Added short #4, Scout. Examining M1, it very much looks like the market makers rammed the price right back up, maybe as a SL hunt on the shorts because the highest volume occurred at the "top" of the drive up, above DR1. The MMs might have hit stops, conserved that liquidity, then applied it at the highs to get more of their own short orders filled. This might not be the last of such price manipulation. If it goes sufficiently higher, I might add another short Scout. {image} {image}Ignored
Disliked{quote} NJ Short Trade Update: Added shorts #8,9, Scouts. {image}Ignored
Disliked{quote} 7 hrs later.. Told cha,,, {image} Good Morning from Singapore.. Sonic {image} {image}Ignored
Disliked{quote} UCad Short Trade Update: Added short #4, Scout. Examining M1, it very much looks like the market makers rammed the price right back up, maybe as a SL hunt on the shorts because the highest volume occurred at the "top" of the drive up, above DR1. The MMs might have hit stops, conserved that liquidity, then applied it at the highs to get more of their own short orders filled. This might not be the last of such price manipulation. If it goes sufficiently higher, I might add another short Scout. {image} {image}Ignored
Disliked{quote} UCad Short Trade Update: Added shorts #5-6, Scouts. Added short #5, Scout. In the after-hours market last session the MMs worked the price upwards on low activity; resetting the price higher to resume accumulation of short orders. This new Asian open continued the push up, achieving a 50% retrace of the last move down yesterday. Here I added another short Scout. This sort of price manipulation by the MMs might continue, and price might go higher. We cannot know how price will move. That is a fact! However, this seems a decent place to take...Ignored
Disliked{quote} Hello TAH, beautiful job you have done here and Sonic. The Short configuration is not invalid after this new classic bull (marked in red)? Sorry for bad English.{image}Ignored
Disliked{quote} It might be. We simply cannot know how price will next move. However, I am basing my short trade on ongoing PVSRA. And it is showing me that the higher activities continue to be at the higher prices, particularly when those higher prices are at key S&R levels. {image}Ignored
Disliked{quote} NU Long trade Opened: Entered long #1, Classic. No TP, SL yet. {image}Ignored