3 replies to this topic

[mss]

Well they say if you are going to miss one, make it big so no one will hassle you about it. Did not follow two of my rules, ALWAYS WAIT FOR THE SECOND conformation, and never-never, forget one of your rules.
The indicators did not fail, I did and hopefully relearned a lesson.
The blip on all the charts turned within two days and away we went. Really thought we had a short term trading TOP before we went higher. So be it. The market still has some work to do but is heading a little higher, how much remains to be determined. The last chart has weekly S & R and Pivot.









Best to all, mss

[Chilidawgz]

Well they say if you are going to miss one, make it big so no one will hassle you about it. Did not follow two of my rules, ALWAYS WAIT FOR THE SECOND conformation, and never-never, forget one of your rules.
The indicators did not fail, I did and hopefully relearned a lesson.

mss, my indicators had me on the same page as you. I was looking at the same scenario/timeframe. Knocked me out of long and I went short and was burn't. I entered a small short on the QQQQ at EOD Friday, might be a bit early.

My system tells me to be long. Why did I enter a short? Foolish I think we have a small pullback Monday or Tuesday. Then comes the big question. To go long again? I hate chasing a horse out the gate

I trade off daily charts. Weekly, the charts are saying we are at the beginning of a possible intermediate uptrend!

[mss]

Hi Chill, I think we are both right, just got the timing wrong, but as "they" say time will tell. Yes I see a IT developing-- with apullback first-- do not know--yet

[samsung]

You are right on top of this market mss,,,, as always,,,, keep up the great work.