JXMFinancial
Long

Nice weekly setup into ER (bearish bat)

NASDAQ:BBRY   BLACKBERRY LTD
106 6 3
Long for a trade. Could DG             today be short covering?
Bearish?
Reply
Im not bearish, its just how the harmonics label it. Normally you look for it as a reversal at the end (im early)
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2use JXMFinancial
How do you decide to buy a position? You check weekly, then daily charts and then see a day when you suspect is a good entry day. Then within a day how do you decide to buy? Any price under a specific range or you're looking for set-ups there as well?
Reply
Thats alot to type but yeah generally I look at the macro view just to confirm to daily and even smaller timeframes. All depends on my time frame and what im buying IE stocks, options, spreads. I dont look at price ranges as much. Ill manage each position daily if needed
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2use JXMFinancial
I mean you are not day-trading or searching, spreading through the day as long as you buy within a price range decided from the daily charts?
Reply
I do day trade. Not sure what you mean
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