Good morning everyone,
Looks like a trip back to 2800 area then continued selling but bumpy.
Our probabilty level is 2764.25+-6
I got another appointment today leaving the trade computer around 2pm eastern. I;ll be on remote same as yesterday.
11/9
Started by
zoropb
, Nov 09 2018 08:07 AM
9 replies to this topic
#1
zoropb
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Posted 09 November 2018 - 08:07 AM
Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.
#2
SemiBizz
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Posted 09 November 2018 - 08:22 AM
They can't seem to stop the US$ Virus...
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/VolumeDynamics http://parler.com/Volumedynamics
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/VolumeDynamics http://parler.com/Volumedynamics
#3
zoropb
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Posted 09 November 2018 - 09:14 AM
Dollar needed one more high above that 97 one, and then...the tour of the south continues.
Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.
#4
zoropb
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Posted 09 November 2018 - 10:14 AM
No time to blink this morning. Sold the breach afthr lows on the mini pop back to 90 At 89.50 for 2 then reshorted same spot 89.50 for breach of low at 85 at 84.75 and chilling for a minute or two I hope lol.
Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.
#5
K Wave
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Posted 09 November 2018 - 12:04 PM
Rusty first to close the mid-term pop gap....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#6
K Wave
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Posted 09 November 2018 - 12:05 PM
NYA just a few points away
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#7
K Wave
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Posted 09 November 2018 - 12:15 PM
Only 2 generals still standing now...BA and UNH
A close back under 365 could take out BA...
265 looking the key on UNH now...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#8
zoropb
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Posted 09 November 2018 - 01:46 PM
Thats it for me today. All quick short scalps on the way down. Nice Friday.
Hope everyone had a good day. TGIF
Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.
#9
diogenes227
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Posted 09 November 2018 - 02:24 PM
Only 2 generals still standing now...BA and UNH
A close back under 365 could take out BA...
265 looking the key on UNH now...
What do you mean by "2 generals still standing"? What is the time frame? I don't follow Dow stock much but a quick glance tells me on a daily basis there are others - PG, MRK, WMT...
"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).
“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”
"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."
#10
kaiser soze
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Posted 09 November 2018 - 08:54 PM
$SPX low today was 2764.24. Another great call by Z.
I wish I had seen this post earlier this morning instead of just now. Was short from 2797 and covered at 2782 early in the trading session because I feared the vicious snap back rally led by NQ jumping 60 points in a single 30 min bar. Another thing I worried about was a lot of aimless CHOP after the first 2 hours as market makers pinned the indices to various Max pain levels for the weekly options.
The vicious rally did come, but from much lower levels and much later in the day. And there was no chop, instead there were swings of 10 points or larger, all the way to the end of the session. Neither was there one single trend from start to finish, as is the case with many Fridays. All in all, an unusual Friday.
