PRS LIVE 4 CONTINUED, BOTTOM SHOULD BE IN
FOR THE PURPOSES OF THIS IDEA, THERE IS NO TRADE RECO. MEANING I WILL NOT STATE ENTRIES/EXITS BLAH BLAH. THIS IS WHAT I AM THINKING FOR THE MOMENT. I MADE IT BECAUSE OF REPEATED QUESTIONS FOR MY VIEW RIGHT NOW, THAT IS ALL.
I JUST WANTED TO CLEAR SOMETHINGS UP FIRST:
1. On PRS LIVE 4 draft# 2 linked here:
I stated MONDAY MORNING U.S. MARKET: STOP LOSS 2037. MINUTES AFTER WHICH I UPDATED: STOP LOSS 2040. I posted this because I wanted to be responsible for people who were following it. The first trade out of that chart was go long Sunday discount. It didn't work, BUT THAT'S WHY I POSTED THE STOP LOSS TWICE, WELL AHEAD OF TUESDAY SHENANIGANS. If you really followed it, YOU SHOULD NOT HAVE LOST MONEY. I didn't update after that because a) I choose to have a life and b) I didn't have a trade on because c) I didn't have opinion on what comes next, just was waiting to see and finally d) I post updates at my own pleasure, this is not a job that I get a check for. If you need constant updates, consider a professional trading service somewhere.
2. For every trade idea I post, I HAVE AS MUCH CONVICTION AS MY STOP LOSS. Otherwise, why would I bother posting stop loss 2037 and then raising it to 2040 Monday morning? I don't have be more responsible than that and explicitly message each follower to "get short". If you need your hand held, again use a professional trading service, they are all over the internet.
That's it for right now.
I JUST WANTED TO CLEAR SOMETHINGS UP FIRST:
1. On PRS LIVE 4 draft# 2 linked here:
I stated MONDAY MORNING U.S. MARKET: STOP LOSS 2037. MINUTES AFTER WHICH I UPDATED: STOP LOSS 2040. I posted this because I wanted to be responsible for people who were following it. The first trade out of that chart was go long Sunday discount. It didn't work, BUT THAT'S WHY I POSTED THE STOP LOSS TWICE, WELL AHEAD OF TUESDAY SHENANIGANS. If you really followed it, YOU SHOULD NOT HAVE LOST MONEY. I didn't update after that because a) I choose to have a life and b) I didn't have a trade on because c) I didn't have opinion on what comes next, just was waiting to see and finally d) I post updates at my own pleasure, this is not a job that I get a check for. If you need constant updates, consider a professional trading service somewhere.
2. For every trade idea I post, I HAVE AS MUCH CONVICTION AS MY STOP LOSS. Otherwise, why would I bother posting stop loss 2037 and then raising it to 2040 Monday morning? I don't have be more responsible than that and explicitly message each follower to "get short". If you need your hand held, again use a professional trading service, they are all over the internet.
That's it for right now.
Nota
BY THE WAY: if it tags that red circle it will follow the gray line. If bottom is in it will follow the black line.Nota
THIS IS WHAT USUALLY COMES AFTER THAT MOVE: SO AFTER TONIGHT, WE HEAD TO 2160-ISH IN A VERY ZIG ZAG MANNER (NOT LIKE THE PREVIOUS RUN UP). AFTER THAT RETEST OF 1820 VERY LIKELY NOW. THAT SHOULD BE THE LAST LOW UNTIL JAN/FEB RUN TO 2400+
Nota
AGAIN: CLARIFYING THE SUNDAY DISCOUNT TRADE, YOU SHOULD NOT HAVE LOST MONEY. YOU SHOULD'VE MADE A LITTLE BIT, I STATED THE FIRST TIME, [SL 2037 TO MAKE SURE YOU GET SOMETHING OUT OF THAT MOVE.]Nota
"The plan is working, but I would raise your SL to 2037 just to make sure you get something out of this first move." - FOLLOWED BY - "Comment: 9:40 AM Raise SL to 2040. If this is going to work, it has to be moving higher." Why is this so difficult to understand for some people??
Nota
IMPORTANT: Last update for this piece so read if you are long. Once it tags 1990-2000, just be really careful w/ the next retrace. I have confidence this will hold, but I did before 2040 broke the second time too. So baby sit your trades in the zig-zag channel. THE PATH WAS NOT RANDOMLY DRAWN.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.