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elovemer
Market Wizard-
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Everything posted by elovemer
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tiny pullback for buy day friday
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no buy day decline yet
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tuesday is buy day below friday low
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thursday was buy day tuesday is next buy day
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....... ........ ................. wednesday was....... buy day monday is next buy day
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Friday is buy day ................................ .................................
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hey tro , check out the set up on the euro daily / weekly chart right now
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thursday was buy day tuesday is next buy day
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tuesday ...... sell day
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can't rule out a retest or a higher low for tuesday
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retest completed for monday, either big upside or retest of friday
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possible retest for friday
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tuesday is buy day low put in on monday
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thursday ..... buy below prev day's low 10 points tuesday is next buy day
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monday is buy day .... below the low of thursday monday's low tested thursday's low .... if you can dig it
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have you backtested the performance of buying within 20 pips of the previous daily low ? as compared to buying within 20 pips of the current daily low thanks
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bounced on 200 day ma ... bullish going forward may not get many low tests ... except for during globex
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buy...sell...short friday is short sell above the high
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below the low range speeds up the cycle ....
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remember .... when it closes at the low look to buy below the low during globex on the off chance that it never revisits the low during the next trading session if it bounces up before the close .... that is when you look to wait for the retest of the low during the next trading session 1307 resistance for profit taking during globex
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monday low hit friday's low ... if you can dig it
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1281 on U contract
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......friday hit the low of wednesday wednesday was the prev low of buy day thursday if you can dig it " shoulder " ------------------------------ still have a left should at 1290 on M contract .... if it wants to
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buy, sell, short ..... thursday was buy day again on a gap up for a short after expansion day wednesday ( watch for short after expansion day) buy point on friday .... below the low of thursday ..... ..... closed near the low so the buy point is during globex below the low of wednesday would have been better..... but this is too strong now thursday was buy day ... so next buy day will be tuesday.... still have a left should at 1290 on M contract .... if it wants to
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... back to up trend... .... so back to taylor buy, sell, short .... mon, tues, wed ......wednesday was expansion day .... so looking for the short play to carry over to thursday instead of wednesday .... short on a high made first ....10 points above prev high if no gap open ... or gap up 10 points above prev high ... or ... don't try to short an up trend ... instead wait for a 10 point pullback ... stops below 1306 from trading hours 1341 half way back short ... on daily chart