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#11 SemiBizz

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Posted 12 December 2016 - 10:50 AM

All this on a day the US$ Index down

 

Wait til it turns up later in the week,

 

This should be good.


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

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#12 SemiBizz

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Posted 12 December 2016 - 10:54 AM

GS breaks final hour low from Friday on STRONGER VOLUME, Closes UNDER...

 

Well, well, if these guys get on board, we may be setting up a holiday party...

 

I have standards for that, it has to break 236.00 to get my attention...


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/tradingcoach1

#13 NAV

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Posted 12 December 2016 - 11:01 AM

SOX down MORE THAN 1% so far...

 

Yep, if all you look at every day is the SPX...

 

You are missing a lot.

 

The higher the volatility of the instrument you trade, the bigger the returns, but higher the drawdowns. In the end, you have to decide to whether you want a smooth equity curve or a jagged one.

 

BTW, SPX has had one hell of a rally. What am i missing ?   

 

Why are you always looking for shorting opportunities ? 


Edited by NAV, 12 December 2016 - 11:02 AM.

"It's not the knowing that is difficult, but the doing"

 

“I have heard many men talk intelligently, even brilliantly, about something – only to see them proven powerless when it comes to acting on what they believe” - Bernard Baruch

 


#14 SemiBizz

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Posted 12 December 2016 - 11:15 AM

Because my game is about not being IN the market...

 

Shorting gives fast returns, limited exposure.

 

I am far more interested in shorting at all time highs than at all time lows...

 

Just have to pick the spot.

 

It was SOX that gave the clue.


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/tradingcoach1

#15 SemiBizz

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Posted 12 December 2016 - 11:17 AM

GS making new lows...

 

Harmony, I love it.


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/tradingcoach1

#16 SemiBizz

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Posted 12 December 2016 - 11:40 AM

BOOOMMM... GS 238s

 

I LOVE IT...


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/tradingcoach1

#17 SemiBizz

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Posted 12 December 2016 - 11:46 AM

MONSTER 3 MIN INTRADAY GAP DOWN GS...

 

238.11


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/tradingcoach1

#18 SemiBizz

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Posted 12 December 2016 - 11:59 AM

GS breaks final hour low from Friday on STRONGER VOLUME, Closes UNDER...

 

Well, well, if these guys get on board, we may be setting up a holiday party...

 

I have standards for that, it has to break 236.00 to get my attention...

 

Attention !

 

GS 236s...

 

yes.gif


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/tradingcoach1

#19 SemiBizz

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Posted 12 December 2016 - 12:03 PM

Nasdaq going down on STRONGER HOURLY VOLUME - little bit unusual for a Monday morning...

 

There's nothing here to stop a test of 5400.  5410 last low.

 

5399...

 

5397 next

 

5389


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/tradingcoach1

#20 SemiBizz

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Posted 12 December 2016 - 12:04 PM

Yep, top picking isn't for everyone, you really need a great set of tools...

 

yes.gif


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/tradingcoach1