good information there thanksFTAco07 said:
Yes, 2/10 is the most commonly cited, but it also has the most instances of false signals and varying lags. The 3mo/10Y is the most reliable with the most consistent lag time of 6-15 months with a median of about 12.
It's the same signal, just on a bit more extreme.
perma Brew doomster said:agree, I use them with levels and they're money. I use them with 3 min or 5 min chart, for scalping.Philip J Fry said:
I started trading off Bollinger bands yesterday. How have I gone this long without looking at these?
$30,000 Millionaire said:
They help but they're not 100%
we would be so lucky! XOM lottos could be fun.Spoony Love said:
If XOM dips again overnight, I'm going after the same options I picked up today. I cut it for 80% near the peak today and let XOM chop til close.
Listen to Farmer, he needs to capitalize with a newsletter.
couldn't reclaim 3750, no buyers really. Looks like a bear flag now with yesterday plus today. Still quite oversold though, could still bounce overnight or tomorrow.topher06 said:
Quite the dump into close, did something happen?
Remember MARP--the "mid-air refuel pattern" I coined the name for a continuous trend after a large gap. I used 2-hr chart to identify this, as for each trading session, it has 4 candles, just enough for a sandwiched Big gap-down RED + 2 small green candle + Big Red candle. NOW! https://t.co/RrwTQ5zkga pic.twitter.com/inrBDRvArF
— Master WU (@MasterPandaWu) November 3, 2022
666 is the 2009 low. I remember it clearly.BlueTaze said:
Panda's pinned tweet from April calls for a 5-8 year bear market, with S&P best min target of 1550 and worst case 666. I just don't see the Fed letting that happen.
Philip J Fry said:$30,000 Millionaire said:
They help but they're not 100%
Curious to know what you use? I tend to look at a combination of RSI and MACD for longer term swing trades. What do you do for your day trading? I know you're a fan of ATR.
BaylorSpineGuy said:
Here's some depressing material to read tonight.
https://www.marketwatch.com/story/hedge-fund-giant-elliott-warns-looming-hyperinflation-could-lead-to-global-societal-collapse-11667470081
No idea if this is hyperbole from this hedge fund or not, but sure sounds serious.
ProgN said:BaylorSpineGuy said:
Here's some depressing material to read tonight.
https://www.marketwatch.com/story/hedge-fund-giant-elliott-warns-looming-hyperinflation-could-lead-to-global-societal-collapse-11667470081
No idea if this is hyperbole from this hedge fund or not, but sure sounds serious.
JMHO, Elliott Management is a cancer. Any time they take a stake in a company that you own, either hold your nose or get out.BaylorSpineGuy said:
Here's some depressing material to read tonight.
https://www.marketwatch.com/story/hedge-fund-giant-elliott-warns-looming-hyperinflation-could-lead-to-global-societal-collapse-11667470081
No idea if this is hyperbole from this hedge fund or not, but sure sounds serious.
^^^ When discussing markets,..."You can give them a number or you can give them a date, but you never give them both."Quote:
They estimated that markets have not fallen enough yet and equity markets could drop more than 50% would be "normal," adding that they couldn't predict when that would happen.
4 sentences and you summed it up perfectly!Bob Knights Paper Hands said:
Being wrong fast and not by much is the key to trading. I've gotten much better at that and I have been MUCH more consistently green. Traders really do want every trade outcome to be small loss, small gain, or big gain. Even if someone's hot rate isn't great they can still make money. Pair that risk discipline with a good system and it really works well.
perma Brew doomster said:
so did your buddy with the $150k bet diamond hand the puts into the close?
although regardless, tell him never do it again! lol.
Hope someone took this setup from a few days ago posted.FJ43 said:
Nice recovery post crap earnings. Options out a bit.
Had a little pop after posted. Still watching this one and I didn't enterFJ43 said:
BAC post earning flagging above 200.
About time for me to enter this one. Farmer special. Would play shares for gap fill hold. Or…options out to March. 20c for me if so.FJ43 said:
Looking for setups this evening. Not one I typically trade but is a Farmer special. Know T has been one he has keyed on previously.
Watch this one for gap fill potentially. Post earning.
