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Post by walnut on Feb 7, 2017 10:50:06 GMT -5
I have been. I literally need that larger monitor and a couple more good pcs. I have 3 in here but 2 of them are doggy.
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Post by clinton on Feb 7, 2017 10:53:50 GMT -5
ray of sunshine in KORS earnings. Geographically, revenue was hurt by a 7.4% decline in the Americas and 7% decline in Europe. This was partially offset by a 89% rise in Asia
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Post by walnut on Feb 7, 2017 10:56:22 GMT -5
ES looks bullish wtf VXX This point has been acting like ES resistance
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Post by walnut on Feb 7, 2017 10:59:11 GMT -5
ray of sunshine in KORS earnings. Geographically, revenue was hurt by a 7.4% decline in the Americas and 7% decline in Europe. This was partially offset by a 89% rise in Asia There are a lot of wealthy Chinese in Asia, my wife has been sending pics back of her friends houses... They are buying everything in sight She knows some rich ones, one of her friends has (I forget the number) 15 Lamborghini and Porsches all kept in his garage
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Post by theMist on Feb 7, 2017 11:13:56 GMT -5
I have been. I literally need that larger monitor and a couple more good pcs. I have 3 in here but 2 of them are doggy. Excellent. You will also have more confidence trading and know why certain moves happen like backtests, gap fills. Also, here is a list of other chartists to follow and learn from - Jim Roof (SP500chart.com) - the person who introduced me to Technical Analysis and is still old school and simply looks for patterns, support / resistance trendlines. I have a lot of respect for Jim and even signed up for sp500chart.com recently. Strengths and Weaknesses: Has good eye for spotting patterns but IMO due to his heavy work (photography) schedule he cannot spend a ton of time analyzing charts -- so can tend to miss certain patterns. I've emailed him on certain things that I see and love comparing notes. He also doesn't use moving averages and indicators. He also only charts S&P500 cash charts and doesn't chart futures. Mistake IMO. But is definitely old school Jim MaGee type of analysis. I know Jim also loves biotechs and to me that is an extremely difficult area of the market to trade. But overall, good old school type analysis and another strength is that he is NEUTRAL and UNBIASED when viewing charts. And will only be biased when sees a solid confirmed pattern in play. Bulkowski -- Excellent! Encyclopedia of chart patterns, candlesticks, along with measuring breakouts, tips on how to trade, etc. Considered one of the main authorities when it comes to Technical Analysis. Only weakness, if you can call it that, is that measured targets tend to be a little more conservative than old school charting techniques. I also don't like his chart pattern indicator. Also, NEUTRAL and UNBIASED when approaching charts which is a MUST. Chart Pattern Trader -- Good for learning how to use indicators. He uses EVERY indicator ever imagined. lol. Weakness: HE IS A PERMA BEAR and views charts through PERMA BEAR EYEs and because of this has a long list of making bad calls and has POOR trading judgement. Good to use Ron Walker (chart pattern trader) as a contrarian indicator. lol But eventually, he will get the BIG one right. lol OSCAR -- What can I say?! We all know Oscar and I respect his TA ability along with trading judgement and is also NEUTRAL and UNBIASED when approaching charts. Very good and insightful. I'm sure I left out a few. I hope this helps. Maybe Huh can give his insight and tips from his experience also. As we all know Huh is an excellent technician and a master at Fib retracements. Something that I do need to utilize more as well as some other helpful indicators like RSI, stochastics, etc. hope this helps
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Post by walnut on Feb 7, 2017 11:17:05 GMT -5
So, this charting stuff works, huh?
They might revoke my MBA
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Post by theMist on Feb 7, 2017 11:18:13 GMT -5
So, this charting stuff works, huh? They might revoke my MBA Is that a question for me or Huh? lol
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Post by clinton on Feb 7, 2017 11:18:28 GMT -5
So, this charting stuff works, huh? They might revoke my MBA works until it doesnt markets are about to change to fundamental trading, charting works great in bull markets
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Post by clinton on Feb 7, 2017 11:20:05 GMT -5
when everything goes up every day because of central banks traders all think they are really good. hehe
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Post by walnut on Feb 7, 2017 11:20:15 GMT -5
red candle on ES and VXX drops
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Post by theMist on Feb 7, 2017 11:20:28 GMT -5
So, this charting stuff works, huh? They might revoke my MBA works until it doesnt markets are about to change to fundamental trading, charting works great in bull markets Ohhh Clinton! Those are words of utter blasphemy!!!! lol my friend But in all seriousness, charts always work -- It's not a question of whether or not charts work or continue to work?!? The problem lies with the person reading the charts!
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Post by novie08 on Feb 7, 2017 11:21:14 GMT -5
All I can say is you guys definitely know what you're doing when you trade leveraged ETFs with leverage. Unbelievable!
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Post by theMist on Feb 7, 2017 11:26:21 GMT -5
All I can say is you guys definitely know what you're doing when you trade leveraged ETFs with leverage. Unbelievable! theMist even trades with FULL ON daytrade BUYING power at times -- like a lunatic. lol
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Post by walnut on Feb 7, 2017 11:26:30 GMT -5
Is President Trump about to speak? what is the deal with this ES now
A lot of ground to make up now
I think that VXX knew this was coming. It was baked in all morning
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Post by theMist on Feb 7, 2017 11:32:05 GMT -5
Is President Trump about to speak? what is the deal with this ES now A lot of ground to make up now I think that VXX knew this was coming. It was baked in all morning I wish they would drop down already. But honestly, these are really small moves. TVIX is up 1 cent as I type. SCAMs are sidestepping it out of that descending channel. Just widening it. That's all. No need to have alarm. Have to be patient. S&P looks like it wants to close morning gap up and honestly so what. SCAMs are barely effected.
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Post by walnut on Feb 7, 2017 11:34:33 GMT -5
I know, VXX seemed to know this would happen, but does not care.
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Post by novie08 on Feb 7, 2017 11:35:08 GMT -5
ray of sunshine in KORS earnings. Geographically, revenue was hurt by a 7.4% decline in the Americas and 7% decline in Europe. This was partially offset by a 89% rise in Asia There are a lot of wealthy Chinese in Asia, my wife has been sending pics back of her friends houses... They are buying everything in sight She knows some rich ones, one of her friends has (I forget the number) 15 Lamborghini and Porsches all kept in his garage Mercy, I thought they were Communist. What does he do?
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Post by clinton on Feb 7, 2017 11:37:33 GMT -5
Oscar loves to talk about bullish F flags
F flags (Typhoon flags) are actually bearish when the fed isnt pumping liquidity into markets.
world of tradings will drastically change when the fed stops pumping.
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Post by walnut on Feb 7, 2017 11:46:19 GMT -5
There are a lot of wealthy Chinese in Asia, my wife has been sending pics back of her friends houses... They are buying everything in sight She knows some rich ones, one of her friends has (I forget the number) 15 Lamborghini and Porsches all kept in his garage Mercy, I thought they were Communist. What does he do? These are overseas Chinese in Singapore and Indonesia. And I can't figure out what most of them do. Sylvia's best friend owns a large shopping mall with 5 star town homes attached overlooking the ocean. Another owns bra factories all over the planet employing thirty thousand people. Sylvia was from a high social class, not sure why she ended up with a poor Okie guy like me. Her grandfather owned the first refrigerator and first car in Indonesia haha
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Post by walnut on Feb 7, 2017 11:52:02 GMT -5
Scams think another leg down coming
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