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FEBRUARY FRAILITY 15-29- ST TOP in place


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#41 12SPX

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Posted 20 February 2024 - 02:13 PM

profit stop 17526



#42 12SPX

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Posted 20 February 2024 - 02:14 PM

dang was to early, out for 1 point profit



#43 dTraderB

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Posted 20 February 2024 - 02:25 PM

Failed again... and again... 7 5m candles all failed to close & advanceabove 20 EMA

3 Attempts failed... next one has a better chance of breaking above w0 EMA

5m ES chart
NQ is now above the 20ema

If there is ONLY ONE INDICATOR for me to daytrade it is the 20EMA in 5m charts, and 50 EMA in 1m charts

Let's see if ES can squeeze above the important 4976 level & 20ema



#44 12SPX

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Posted 20 February 2024 - 02:49 PM

starting my short build on the ES at 4990.....



#45 dTraderB

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Posted 20 February 2024 - 03:06 PM

Finally did it!

Can ES go green today? Or sink to new daily LOW?

Failed again... and again... 7 5m candles all failed to close & advanceabove 20 EMA

3 Attempts failed... next one has a better chance of breaking above w0 EMA

5m ES chart
NQ is now above the 20ema

If there is ONLY ONE INDICATOR for me to daytrade it is the 20EMA in 5m charts, and 50 EMA in 1m charts

Let's see if ES can squeeze above the important 4976 level & 20ema



#46 dTraderB

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Posted 20 February 2024 - 03:18 PM

NVDA 695 PUT LIMIT ORDER
WILL get this done now as NVDA trading near

NVDA now 693!
Should be filled now

Still waiting on FILL... WILL ADJUST OR BUY MARKET!

Will buy NVDA CALL near or below 710
Holding 1 NVDA PUT

"But either way, whether resilient or not, if the US Dollar rolls over here at exactly the 61.8% retracement of the entire 4th quarter decline, that would be the most bullish catalyst for stocks that I see out there right now.

It's not the high probability outcome, in my opinion, but I'm open minded to all possibilities.

Now, if you flip that on its head, and the Dollar breaks out from here, I would expect stocks to be selling off violently.

I'm betting on the latter.

How about you?"



#47 dTraderB

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Posted 20 February 2024 - 03:34 PM

RISK ON with NVDA
Will sell the 640 or 650 PUT

NVDA 695 PUT LIMIT ORDER
WILL get this done now as NVDA trading near

NVDA now 693!
Should be filled now

Still waiting on FILL... WILL ADJUST OR BUY MARKET!

Will buy NVDA CALL near or below 710
Holding 1 NVDA PUT

"But either way, whether resilient or not, if the US Dollar rolls over here at exactly the 61.8% retracement of the entire 4th quarter decline, that would be the most bullish catalyst for stocks that I see out there right now.

It's not the high probability outcome, in my opinion, but I'm open minded to all possibilities.

Now, if you flip that on its head, and the Dollar breaks out from here, I would expect stocks to be selling off violently.

I'm betting on the latter.

How about you?"



#48 12SPX

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Posted 20 February 2024 - 03:40 PM

Starting my short build on the ndx 17775, profit stop 17770, 4989, sell above



#49 12SPX

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Posted 20 February 2024 - 03:44 PM

darn adjusting and out for a 15 point profit...profit stop 4985, sell above



#50 12SPX

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Posted 20 February 2024 - 03:59 PM

Got taken out for a 5 point profit on my ES and back in building a short at 17575 on the ndx, should be a fun night session want to sell the ES too...