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My position.


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#1 Chilidawgz

Chilidawgz

    A fool and his money... (the second mousie gets the cheese)

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Posted 09 November 2022 - 04:41 PM

I primarily trade the QQQ/TLT and a few commodity ETF's. I use two hour charts primarily. I try and not have a bull or bear bias in my trading, I only want to see the two hour trend. I do look at the daily and weekly charts for the trend on a longer time frame.

 

We are in a bear market (the FED is extremely hostile with rates currently and I think earnings are declining) but I will trade long or short depending on the two hour charts. IMO, markets stair step up or down usually in bear or bull conditions.

 

Here is the longer trend

 

rrr.gif

 

Here is sentiment

 

qqq.gif

 

Here is the two hour

 

ttt.gif


Anything can happen...what's happening now?
No one can forecast the future. No one.
 
All stocks (ETF's) are BAD...unless they go up - William O'Neil
 

#2 Rogerdodger

Rogerdodger

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Posted 19 November 2022 - 12:23 PM

Thanks for letting us look over your shoulder.

 

I try and not have a bull or bear bias in my trading,

Good mindset. Let the price & indicators show the real bias, rather than the "false flag" sentiment-shifting "news".

I  love your trendline addition (along with horizontal price support & resistance). Beneficial in all time frames.