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Current ST road map


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#121 EntropyModel

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Posted 23 June 2018 - 12:20 PM

Market action is confirming the setup - ideally we gap down monday but its not required.

 

FWIW I am out on another mini vacation until Wednesday with no computer access, just in case I seem to have 'disappeared' :-)


Question everything, especially what you believe you know. The foundation of science is questioning the data, not trusting the data. I only trust fully falsified, non vested interest 'data', which is extremely rare in our world of paid framing narratives 'psy ops'. Market Comments https://markdavidson.substack.com/?utm_source=substack&utm_medium=email https://www.youtube.com/playlist?list=PLznkbTx_dpw_-Y9bBN3QR-tiNSsFsSojB

#122 Waver

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Posted 23 June 2018 - 12:35 PM

I am really torn.

I trust breadth a lot and it has been persistently good. However price is telling me the market is going lower.

From a structure standpoint this could be the E wave of a triangle or a C from Januarys Top.

I know you have a decline now until mid-upper 2600s then a big rally that fizzles and another down before an all time high.

Lets See.

#123 EntropyModel

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Posted 23 June 2018 - 01:09 PM

I am really torn.

I trust breadth a lot and it has been persistently good. However price is telling me the market is going lower.

From a structure standpoint this could be the E wave of a triangle or a C from Januarys Top.

I know you have a decline now until mid-upper 2600s then a big rally that fizzles and another down before an all time high.

Lets See.

 

Breadth is good but better I wd say for longer trend determination - it likely is saying we are not yet close to ATH  time wise at least.

For shorter term though I don't really use it - my focus for trading is purely short term  ( except for occasional long term position).

My Shorter term system  ( hours to couple days) uses mainly the following: volatility, tick , price momentum,  sentiment, liquidity,

only clear buy/sell signals battle tested in recent market. Of course, there is no holy grail, its just about quantifying risk/reward, and setup probabilities.

 

Yes, I have had this setup for run down to 2680'ish, then up to 2820'ish then it gets 'fuzzy' - however, that is a road map and if the signals agree, I stick with it,

but it they don't then I need a new one.   If we take out 2800 above before 2740 below OR my signals change to buy before break of 2740, then i'll need new

setup road map, for now, its 'tracking' well.


Edited by Entropy3.0, 23 June 2018 - 01:09 PM.

Question everything, especially what you believe you know. The foundation of science is questioning the data, not trusting the data. I only trust fully falsified, non vested interest 'data', which is extremely rare in our world of paid framing narratives 'psy ops'. Market Comments https://markdavidson.substack.com/?utm_source=substack&utm_medium=email https://www.youtube.com/playlist?list=PLznkbTx_dpw_-Y9bBN3QR-tiNSsFsSojB

#124 Waver

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Posted 25 June 2018 - 06:57 AM

Thanks for the info

#125 Waver

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Posted 26 June 2018 - 10:49 AM

Good call by sticking to it.

Did get below 2700.

 

I can see 1 more dip and then going all in lol



#126 EntropyModel

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Posted 27 June 2018 - 01:45 PM

Good call by sticking to it.

Did get below 2700.

 

I can see 1 more dip and then going all in lol

 

Thx.


Question everything, especially what you believe you know. The foundation of science is questioning the data, not trusting the data. I only trust fully falsified, non vested interest 'data', which is extremely rare in our world of paid framing narratives 'psy ops'. Market Comments https://markdavidson.substack.com/?utm_source=substack&utm_medium=email https://www.youtube.com/playlist?list=PLznkbTx_dpw_-Y9bBN3QR-tiNSsFsSojB

#127 EntropyModel

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Posted 27 June 2018 - 01:47 PM

Market action is confirming the setup - ideally we gap down monday but its not required.

 

FWIW I am out on another mini vacation until Wednesday with no computer access, just in case I seem to have 'disappeared' :-)

 

We did gap down and run to 2700 and had a bounce since.

 

My system is still putting high odds 2680, and new pattern setups odds increasing for lower lows to 2640.


Question everything, especially what you believe you know. The foundation of science is questioning the data, not trusting the data. I only trust fully falsified, non vested interest 'data', which is extremely rare in our world of paid framing narratives 'psy ops'. Market Comments https://markdavidson.substack.com/?utm_source=substack&utm_medium=email https://www.youtube.com/playlist?list=PLznkbTx_dpw_-Y9bBN3QR-tiNSsFsSojB

#128 EntropyModel

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Posted 28 June 2018 - 12:10 PM

FYI - For those following this thread, note I started a new thread here:

http://www.traders-t...nt-st-road-map/


Edited by Entropy3.0, 28 June 2018 - 12:10 PM.

Question everything, especially what you believe you know. The foundation of science is questioning the data, not trusting the data. I only trust fully falsified, non vested interest 'data', which is extremely rare in our world of paid framing narratives 'psy ops'. Market Comments https://markdavidson.substack.com/?utm_source=substack&utm_medium=email https://www.youtube.com/playlist?list=PLznkbTx_dpw_-Y9bBN3QR-tiNSsFsSojB