_________

[elovemer 10]

trading

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[elovemer 10]

monday is buy day

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[elovemer 10]

wednesday ... short sell day

 

thursday .... buy day

[elovemer 10]

friday is 3rd day up from the low

[elovemer 10]

monday closed at the low.... so normallly would be a long during globex below the low

 

however ... there is that gap below at tuesday's low

 

so for tuesday... looking for a long below tuesday's low

[elovemer 10]

so far.... so much for being right

[elovemer 10]

thursday is buy day action as the 4th day from the low

a low was put in on wednesday

once again... closed at the low

so the long would be during globex

however ... the low of the previous session is a gap up

a buy point near the low of the previous two sessions would be better.

 

during globex ... ten points below the day's low would be a good place to try

or even 5 points below

 

just have to take some risk.... this chop day after monday and tuesday could

set up a nice 50% long at 1375 during trading hours on thursday for a rip

89...79

85.....75

[elovemer 10]

75 hit .... ten up .... then ten below

thursday was buy day .... near the low of previous buy day

if this is violated tomorrow.... will be testing the stops below previous buy day

 

these three buy days are mirroring the pattern at the swing highs... but inverted.

if the inversion plays out... this should rip upwards on friday

 

if it doesn't.... could get ugly to the downside.

opex is over with

 

if 66...76 holds during globex.... it will go lower on friday

 

 

 

 

thursday is buy day action as the 4th day from the low

a low was put in on wednesday

once again... closed at the low

so the long would be during globex

however ... the low of the previous session is a gap up

a buy point near the low of the previous two sessions would be better.

 

during globex ... ten points below the day's low would be a good place to try

or even 5 points below

 

just have to take some risk.... this chop day after monday and tuesday could

set up a nice 50% long at 1375 during trading hours on thursday for a rip

89...79

85.....75

[Baker 10]

ive learned so much in this thread elovemr can i buy your system?

[elovemer 10]

you want to buy taylor's system ?

 

you know if i dig him up he is going to be pissed, which is going to cost you more.

[elovemer 10]

thursday is the 3rd day up from the low

[elovemer 10]

monday 5th day up from the lows

normal swing 3- 5 days

 

looking for a pullback

[elovemer 10]

monday buy day action

 

tuesday... either continuation for sell day action

 

or ... another long below the low of monday

 

buy lows.... sell highs

[elovemer 10]

wednesday ..... for short day action

 

close out longs tuesday.... unless you take profit and hold partial

[elovemer 10]

taylor says take profit same day

 

wednesday won't be short sell action

[elovemer 10]

instead it is buy action below the prev low

 

first target is 10

 

2nd target is gap fill

 

3rd target.... if still in , is see what the closers do with the remainder

[elovemer 10]

below prev low .... again

[elovemer 10]

support is at 1135 spx

[elovemer 10]

below prev low

 

below prev low

[elovemer 10]

not so easy in a down trend

 

prev low is at march 6th

[elovemer 10]

prev low

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[elovemer 10]

monday

on buy day .... below prev low which was wednesday low

 

if it closes near the low .... then the buy point becomes ... during globex session

below the current low

 

 

the tough part about a down trend is ..... you would like to short prev highs.... but it doesn't make it to prev highs except for random short squeezes

 

so just stick to buying below prev lows.... and reverse to short at resistance level

resistance is either a previous high... or a 50% from prev high

[elovemer 10]

tuesday ... same

below prev low ... flip at resistance

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closed at the low ..... so buy below ... is 10 below the low ... during globex

[elovemer 10]

thursday .... long below the current low during globex

bec closed at the low

flip to short at resistance ... during globex or during morning session

 

should be +10 by 12 night ....

if short fails .... then look to short again 10 higher

 

on point for 100 points support from highs... on thursday

 

 

tuesday ... same

below prev low ... flip at resistance

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closed at the low ..... so buy below ... is 10 below the low ... during globex

[elovemer 10]

1300.5

288 contracts bought after the close .... below the trading hours low

amateur .... pro ?

target is break down low .... 1308

look to flip short again at 1309--1310 around 3 am

 

careful with going long now .... getting heavy. tight stops

close to a capitulation for a 20 point short squeeze ...... which will be a nice chance to get short