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elovemer

Market Wizard
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Everything posted by elovemer

  1. wednesday... buy day so far... high made first if bulls can take out same day high.... then it becomes a low made first day... although low put in late in the day if it closes nearer to the low of the day .... then look for a possible buy day low violation on sell day thursday looks like it will be a slight..... close below ...20 sma daily... on the part of the bears. ....if the day ends that way.... bulls could rip on thursday.. back above 20sma and on to new highs. bears need two STRONG consecutive daily closes below daily 20sma to change the trend at all.
  2. market could gap up tomorrow... like it did after the egypt pullback day but according to the rules... must wait for buy day on buy day .... want to see a low made first ... to test the low of short sell day ----------------------------- if it drops again.... then the target of the buy day long would be the low of short sell day if it holds.... then the target is the previous high
  3. got some more. a scalp is allowed on short sell day
  4. TAYLOR says no holidays.... i interpret this to mean that any day futures are traded.... is counted. even if cash does not trade. if futures don't trade... then i don't count that day. ------------------------------------------------------------------------------------------- next buy day is wedn
  5. i am looking for a trading buddy as well

  6. remember the rules for buy day .... is if the market gives it to you the same day ... you close out the same day
  7. hey corey, your guess is as good as mine. i was expecting more of a down move. but did you see how they waited til the last second to run it up ? a high close... suggests more upside. but without at least a 10 point pullback, i consider it an extended cycle.
  8. pretty weak drop for a buy day unless there is more to come on tuesday ...................
  9. buy day .... weak close could see buy day low violation tomorrow that has been the pattern.... (down day ... then gap down the following day)
  10. today tuesday ... is buy day no fill at 22.25
  11. keep in mind that recently ... on short sell day ... market has taken off as though it were a buy day. something to consider if you get long on a scalp... and previous highs are broken the same day.
  12. are you still looking for a trading buddy ?

  13. monday short sell day may be good for a scalp
  14. it pays to wait for buy day short sell day was only good for a scalp. unfortunately for me ... i was still holding what i entered on short sell day . so i couldn't add on buy day . bad play.
  15. didn't wait for buy day ... what a shame next buy day is tuesday
  16. well so much for buy day thursday sometimes... they just eat it up on short sell day
  17. low made first... on short sell day looking to add to swing position on buy day ... thursday
  18. i can see this consolidating all the way into thursday which is the next buy day
  19. sugar ........ .......... ..........
  20. very interesting... tuesday.... sell day wednesday ... short sell day
  21. monday is still buy day .... because cycle does not change even though that no-action day disrupted the normal fluctuation
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