Jump to content



Photo

Bought AAPL 123.17 at the 200, EOM)


  • Please log in to reply
1 reply to this topic

#1 slupert

slupert

    Member

  • Traders-Talk User
  • 2,804 posts

Posted 12 May 2021 - 09:46 AM

EOM



#2 Rogerdodger

Rogerdodger

    Member

  • TT Member*
  • 26,874 posts

Posted 12 May 2021 - 11:10 PM

I hope the trade works for you.

When you posted your trade (in real time) I turned to a chart from our old friend, the late Scott Stringer, aka MSS.

He had a 30 minute chart with MACD 3,13,1 at the top and RSI 6 below, settings that I still use at times.

AAPL's MACD was trying to turn up but it looked like RSI had more room to drop, which it did.

WWW is always a fun day.

 

PS: Another great poster from the past (whose name escapes me) used to differentiate technical vs tactical.

So there was a technical break below the previous day...but was it a tactical "headfake"?

AAPL-Scot.jpg


Edited by Rogerdodger, 12 May 2021 - 11:19 PM.