32 replies to this topic

[Swiss Trader]

 

I will go to the extent of saying posting trades is the most noble activity on a trading message board.

 

Then you know that I posted an upside objective of 2800 on the SPX several weeks ago...by extension, that's my trade.

 

Fib

 

 

1 year ago I predicted the top of the mini Russell at 1560

What if I am right?

 

http://www.traders-t...-2000/?p=755526

[fib_1618]

 

 

I will go to the extent of saying posting trades is the most noble activity on a trading message board.

 

Then you know that I posted an upside objective of 2800 on the SPX several weeks ago...by extension, that's my trade.

 

1 year ago I predicted the top of the mini Russell at 1560

What if I am right?

 

http://www.traders-t...-2000/?p=755526

 

 

Any or all price measuring targets should be classed as "minimal" from the time they are given.

 

As you get closer to the target, however, one has to monitor things "under the hood" to see whether this "minimal target" is something more than that.

 

To that end, right now, today, both the SML advance/decline line AND the SML advance/decline volume line are at new all time highs.

 

This PROMISES you that prices are sure to move beyond the minimal price target, and because of this, new upside objectives are then to be ascertained.

 

There's no use in being myopic when we play this game of what many consider voodoo...where our advantages over fundamentalists is that we know money moves in advance of price.

 

This then becomes the key to not only our trading skills, but also having the discipline to respect what money flow is telling you beyond what you "feel" might be a different story.

 

Congratulations on the call.

 

Fib

Edited by fib_1618, 30 November 2017 - 03:11 PM.

[alexnewbee]

 

I will go to the extent of saying posting trades is the most noble activity on a trading message board.

 
Then you know that I posted an upside objective of 2800 on the SPX several weeks ago...by extension, that's my trade.
 
Fib
 

 
1 year ago I predicted the top of the mini Russell at 1560
What if I am right?
 
http://www.traders-t...-2000/?p=755526

I think you will be. Hat off.

[NAV]

 

 

 

 

If at first you don't succeed....?
 
You might as well step in front of a runaway freight train.
 
Fib

Stop at break even.
Where is your trade?

 

 

i don't post trades on a public board unless I know the very same people who read the thread also know when I closed it.

 

It's an old brokers rule...I'm not here to impress or start pissing contests as others like to do.

 

I'm here to provide technical insight so that YOU can become a better trader.

 

Fib

 

 

Well, you how can anybody become a better trader unless you show them how trading is done ? Technical analysis is not trading.

 

Trading is about trade management i.e where you enter, where you exit, how to place stops, how to take profits, how to manage your losses/risk, position sizing. You agree with me ?

 

Sadly that's the thing which is most missing on this board.

 

 

What's actually sad is that just about everyone on this board today is looking for someone to tell them what to do.

 

Very few want to post something technically substantive to provide their reasoning so that lessons learned can be paid forward for others to carry on.

 

All we get are "drive by" posts, of unusable technical analysis, that are usually derogatory in content.

 

And when others attempt to expand the discussion, they become ridiculed because of it.

 

Sorry, but the old days are gone when the exchange of ideas, in the greater battle of beating the market at its own game and not ourselves, has been replaced by real lack of work ethic.

 

And though I do my best to answer all questions posed to me in spite of this demeanor, there are very few, if any, that are asked.

 

So be it.

 

Fib

 

 

Fib, 

 

I agree about the exchange of ideas part. When i came on this board 15 years back, there were detailed posts by many (you included) explaining technical methods. I hardly see anything of that sort these days. 

[NAV]

Swisstrader,

 

Your stop is pretty big. What kind of profit objective are you looking at ?

[fib_1618]

 

 

 

 

 

 

 

 

I agree about the exchange of ideas part. When i came on this board 15 years back, there were detailed posts by many (you included) explaining technical methods. I hardly see anything of that sort these days.

 

And the reason why you went dark for a 2 to 3 year period.

 

For myself, If people really want to learn, they'll ask.

 

I've never run away or hid behind the idea of something being "proprietary".

 

In this business, when push comes to shove, there really isn't anything out there that is a Golden Chalice...just a lot of hard work.

 

Fib

[Swiss Trader]

Swisstrader,

 

Your stop is pretty big. What kind of profit objective are you looking at ?

 

2440-2390 Area

 

But this initial stop will be modified in a trailing stop once that some price levels will be reached

[alexnewbee]

Swisstrader,
 
Your stop is pretty big. What kind of profit objective are you looking at ?

 
2440-2390 Area
 
But this initial stop will be modified in a trailing stop once that some price levels will be reached

What is your time frame for this target?

[Swiss Trader]

 

 

Swisstrader,
 
Your stop is pretty big. What kind of profit objective are you looking at ?

 
2440-2390 Area
 
But this initial stop will be modified in a trailing stop once that some price levels will be reached

What is your time frame for this target?

 

 

2/3 months, but it's not so easy to predict time and price.

 

I think this first target could be the first wave down

 

1570 will be retested and in my opinion the entire "Trump rally"  will be retraced

[fib_1618]

 

 

 

Swisstrader,
 
Your stop is pretty big. What kind of profit objective are you looking at ?

 
2440-2390 Area
 
But this initial stop will be modified in a trailing stop once that some price levels will be reached

What is your time frame for this target?

 

 

2/3 months, but it's not so easy to predict time and price.

 

 

But with breadth and volume analysis you can forecast a doable working window within a week or so.

 

Everything works together in a rhythm...you just have to decipher whether it's hip hop or classical.

 

Fib