You have to be. McInnis said it's support is down at 1.34BREwmaster said:you're bearish WWR at these levels??4&T said:
Sold out of all my MSFT 295c. Rolled most of it all into WWR november puts.
So I started using the 610 EMA since it's a fib level.McInnis 03 said:
Back test it and see?
Awesome and thank you so much. This weekend I'm going to try and identify some strat setups because I can use the practice.McInnis 03 said:So don't take action on this today but here's an example of where I watch what the strat teaches (this is the 3-1 daily pattern, a favorite of many stratters).....irish pete ag06 said:
Anyone familiar with #thestrat?
It's a trading strategy I ran across the other day on Twitter. Haven't had time to dig in yet. Football season has me on the clock a lot.
*Strat Key Info (wicks do count here, not just body):
*1 bar = inside, high and low are inside previous day's high and low (Price consolidation)
*2 bar = directional bar, part of the bar is within the previous bar, but the high or low is extended beyond the previous bar's high or low (continuation or reversal)
*3 bar = Outside bar, high and low are outside the previous days high and low. (Price Discovery)
$FLO
3 days ago - strat "2 bar" continuation bullish
2 days ago - strat "3 bar" price discovery
1 day ago - strat "1 bar" inside bar, consolidation
Today would be decision day on the daily. The idea is to play the break of the "1 bar". In this case "1 bar" low 24.57, "1 bar" high is 24.86. On the break of 24.86 you'd be looking to target 25.21 first, with 25.26 second. (the high of the 2 bar is T1, high of the 3 bar is T2.
Alternatively, with a break of 24.57 you'd look for T1 at 24.53, T2 24.32, and then T3 23.19........
You can use this a go by.
FYI
$PLTR is in the 3-1 daily as well
1H 25.64, break T1 25.94, then sky's the limit
1L 24.14, break T1 23.68, T2 23.559, then puke city
$SKIN also has a nice chart on a 3-1 daily........really interesting flag building here.
I think bitcoin may run through the weekend, hence the crazy flow on BTC names.AGSmith said:
MARA doing its thing today
Double inside candles would make this a very strong contender for a play on Monday.irish pete ag06 said:Awesome and thank you so much. This weekend I'm going to try and identify some strat setups because I can use the practice.McInnis 03 said:So don't take action on this today but here's an example of where I watch what the strat teaches (this is the 3-1 daily pattern, a favorite of many stratters).....irish pete ag06 said:
Anyone familiar with #thestrat?
It's a trading strategy I ran across the other day on Twitter. Haven't had time to dig in yet. Football season has me on the clock a lot.
*Strat Key Info (wicks do count here, not just body):
*1 bar = inside, high and low are inside previous day's high and low (Price consolidation)
*2 bar = directional bar, part of the bar is within the previous bar, but the high or low is extended beyond the previous bar's high or low (continuation or reversal)
*3 bar = Outside bar, high and low are outside the previous days high and low. (Price Discovery)
$FLO
3 days ago - strat "2 bar" continuation bullish
2 days ago - strat "3 bar" price discovery
1 day ago - strat "1 bar" inside bar, consolidation
Today would be decision day on the daily. The idea is to play the break of the "1 bar". In this case "1 bar" low 24.57, "1 bar" high is 24.86. On the break of 24.86 you'd be looking to target 25.21 first, with 25.26 second. (the high of the 2 bar is T1, high of the 3 bar is T2.
Alternatively, with a break of 24.57 you'd look for T1 at 24.53, T2 24.32, and then T3 23.19........
You can use this a go by.
FYI
$PLTR is in the 3-1 daily as well
1H 25.64, break T1 25.94, then sky's the limit
1L 24.14, break T1 23.68, T2 23.559, then puke city
$SKIN also has a nice chart on a 3-1 daily........really interesting flag building here.
I graphed out the FLO example you used to give myself a visual. I did find a great indicator on trading view that labels the candles and shows time frame continuity for you.
Edit to say that FLO is still currently in a 1 candle with no direction shown yet..
Why would that be a shock to anyone. Likely a glitch with his IV.AG 2000' said:
Biden no showing for his press conference. Time to short the market?
Almost like this guy knows what he is talking about....FJ43 said:
If anyone took the AAPL 148C lotto idea I think 148.45 may be a wall.
$30,000 Millionaire said:
rolled WWR 08/20 -5P to September. Already own enough shares and want to have the opportunity for profit.
Basically made $0.05 per contract.
it's an option contract. I sold august's contract, bought it back, then sold septembers.OutlawAG04 said:$30,000 Millionaire said:
rolled WWR 08/20 -5P to September. Already own enough shares and want to have the opportunity for profit.
Basically made $0.05 per contract.
Does wash sale rule apply on this?
you don't want to miss this guys.$30,000 Millionaire said:
$GMVD shares.
In. What kind of move are you looking for here?$30,000 Millionaire said:you don't want to miss this guys.$30,000 Millionaire said:
$GMVD shares.
2XAgEng06 said:In. What kind of move are you looking for here?$30,000 Millionaire said:you don't want to miss this guys.$30,000 Millionaire said:
$GMVD shares.
help me out here. What is there to potentially miss?$30,000 Millionaire said:you don't want to miss this guys.$30,000 Millionaire said:
$GMVD shares.
Still good entry at $2.88?$30,000 Millionaire said:you don't want to miss this guys.$30,000 Millionaire said:
$GMVD shares.
$30,000 Millionaire said:it's an option contract. I sold august's contract, bought it back, then sold septembers.OutlawAG04 said:$30,000 Millionaire said:
rolled WWR 08/20 -5P to September. Already own enough shares and want to have the opportunity for profit.
Basically made $0.05 per contract.
Does wash sale rule apply on this?
