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UnknownUnicorn292837
2 lug 2017 16:46

SPX500: Monday Game Plan 

S&P 500 index of US listed sharesFXCM

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Any comments are more than welcome - in particular a constructive discussion regarding the possible intraday levels. The value of planning has real value.
There's no reason not to stay profitable every day.

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If 2419 fails tomorrow (I think it's unlikely due to the short-term value distribution), I'll be looking to enter a long position from the Thursday low. I believe that can be the bottom of the new range for the next week or so. Otherwise, 2419 is my preferred long entry intraday tomorrow. We did have a large engulfing candle into the close so 2419 needs to be firmed up first.

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The weekly chart is still a ranging picture - the art of going nowhere. They said.

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When the trading session starts we should be trading. Time for discussions is before and after, not during. Stay concentrated, stay nimbles. :)

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Scalping is a sport. Have a nice Sunday.

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By giving up on indicators I found trader’s paradise.
I tried them all with no exception. I now go by the price.
1 hr chart tells me a story. I follow it - it works so good.
Not overbought, not oversold, improved percent of likelihood.

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gnight

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Happy 4th and all blessings. I'll be around.
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UnknownUnicorn292837
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