elovemer

tuesday ... buy day but forget about friday/monday lows

thursday buy day ... original count friday .... sell day monday .... short

monday was buy day thursday is buy day again .... according to the COUNT price action was buy friday, sell monday, short tuesday no low put in until wednesday .... buy again thursday you could say .. well what about the low of monday ... but what about the gap below ? ... tricky taylor says buy below the prev low ... but my system says wait for a low ... then buy the test of that low .... taylor calls it a buy day low violation.... i call it a retest of a low as said many times before... if it bounces ... like it did on wednesday... the long is on the retest ..... if there is no bounce and it closes at the low.... the long is during the following globex session as for thursday .... it did not reach the prev high... but closed near the current day's high so you hold on could still retest thursday low.... which would be another long below that low friday will be sell day ... according to the count

friday was a test of the low monday is close out tuesday is short and get long again

i frequent some trade groups on skype. apparently a lot of them are students from OTA. i was shocked when i learned how much they pay for the classes. it is plain as day on the OTA website. i don't think any of them are making any money judging by the inane chatter that goes on. they definitely don't post any trades. but let's face it, if someone tells you that you can make a shilling after forking over a measly 26k$ it is definitely worth it .... until you realize that you can't and won't make a shilling if i tell you that the sky is green if you fork over some bucks, wouldn't you pay to see that ? finding out it really blue is kind of a let down, but then everything is worth something...... even if it is quite temporary.

26th is a buy day however buy point was friday monday is close out day ...... tuesday is short....wednesday is next buy point however next buy day remains thursday.... because the count stays the same

you can follow the sp500 market anywhere in the world using a 3rd party chart for example BigCharts: Stock Charts, Screeners, Interactive Charting and Research Tools

daily doji is good ... to resolve possible bull flag on friday

range is small .... so far .... so closers need to blow out the high .... in order to make it clear

wednesday buy day prev low is tuesday low .......................................... thursday ... sell day ...... buy point long below the low of tuesday 10

if you want to annoy me , then just tell me that i don't answer your questions otherwise ... ask away

buy point is on short sell day close out day will fall on buy day wednesday so....... may be able to hold thru to sell day .... thursday strong up trend on daily chart is ideal for pyramiding

got a pullback .... tuesday now the question is .... will it bounce if there is a bounce ..... a retest of the low on wednesday is an even better entry if there is no bounce and it turns out to be a gap down .... trend day down... closing at the low....... ..... then the long entry will be during globex session

i have friday as buy day monday is sell day .... still no significant pull back this is still running up .... off the pullback that happened on the hourly chart maybe no real pull back until that runs its course

low put in on wednesday good for a retest on monday .... sell day

low put in on wednesday good for a retest for buy day friday

thursday short day long on a low made first .............................. friday buy day

buy day tuesday ............................ ...............................

fierce gap up on buy day maybe no action until thursday

thursday low is target for a pullback

monday is short sell day tuesday buy day no action until a low is put in

next play is on short day .... monday does taylor keep one on the right side of a bull market ?

did not close at the high... but close to it hold on to close out on sell day jobs report 8.30 am

because of gap up no action unless there is a retest of SS day low