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elovemer

Market Wizard
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Everything posted by elovemer

  1. wednesday buy day .......... next buy day is monday
  2. friday was buy day ..... did not penetrate SS day low ..... sell day may penetrate ............................. next play is on short sell day
  3. for a long .... is it 3rd day down in a down trend ? for a short .... is it 3rd day up in an up trend ? ------------------------- for a long .... did SS day make a decent down move ? for a short ... did sell day make a decent up move ? ------------------------------------------------------------- if buy day does not produce a decline or a break of prev low after 3 days up .... watch out for a decline to start on sell day
  4. thursday buy day ... below wednesday low ----------------------------------------- hold to sell day open bec of high close ---------------------------------------- no trade friday... next play SS day on monday short above friday high .... or long for scalp on low made first or gap down open
  5. monday was a long below friday low prev high did not come same day ... up to trader to close out or not if not... close out on tuesday open on gap up -------------------------- wednesday short sell above tuesday high
  6. corn .......... ........... ..........
  7. ok. according to your spy pattern, the target is almost hit. as for myself, i rate outside action as being more reliable than inside action ... no matter what the pattern
  8. that is not a wolfe wave your point 1 should be outside action ... a new high ... not inside action however it looks fine on the russell index however on the russell ... the dowside target has already been hit
  9. monday is buy day go long on a low made first below friday low ---------------------------------- friday was short sell day ... any long scalp should use a stop ...... 3 day cycle trend remains down
  10. thursday ... sell day sell out at prev high .... same day.... do not hold on friday is a long scalp on a low made first ... short sell day or a short on a high made first above thursday high
  11. wednesday... buy day buy point below tuesday low
  12. anyone who is familiar with taylor's work knows there is nothing nice, neat, or perfect about it no one is stopping you from posting your trades here instead of a bunch of hot air ----------------------------------------- Hmmm. no posts since March. The "count" or 3 day B/S/SS cycle would be nice and neat in a perfect world. The world's not perfect.
  13. there were no more posts because no one else was contributing. the three day cycle still works fine. ----------------------------------------- Hmmm. no posts since March. The "count" or 3 day B/S/SS cycle would be nice and neat in a perfect world. The world's not perfect.
  14. friday was buy day low made first on gap down first target prev day low ------------------------------------------------ monday ... sell day ... look for buy day low violation
  15. ........... ............ ...........
  16. sugar could be there.... around 22
  17. the interesting thing is ... people look at these as a sell signal at highs. but once the downside target is reached.... it is often a massive buy signal ... for continuation of the larger time frame trend except that one has to account for the time required for the pros to accumulate again
  18. just a little more ................. ................... ................
  19. dear rumpled, for a long time i couldn't understand your posts because they were too simple. if you had said " within 20 pips of the low of the daily bar " it would have made more sense to me. anyway... i appreciate your posts. all those forums who have banned you are insane. i thought big mike's trading was a good site until i saw that they had banned you and a few other intelligent posters. thanks elo
  20. thursday is a buy day a low made first ... at or below wednesday low target is wednesday high...... next target is tuesday high if a low made first does not hold. ...... target becomes thursday low could be big ... as this is opex week ... and major levels on daily chart
  21. cycle is negative .......... ............. ..............
  22. target of a buy day low violation is buy day low... and no further ................. next opp is a short sell day...... scalp on a low made first
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