@sevensphere, your sentiment indicator is the best indicator I've ever found. Can you tell me more about it? Can we private message each other?
ICEKI
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Hey sevensphere, welcome back and happy to seeing your post =D
I also agreed with your point of view too. Thank You so much for this posting as a refresh. Don't blindly keep long the markets without proper money management <3
sevensphere
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@ICEKI, ty for your comments. I saw people calling for infinity, on TV yesterday, for DJI . It means we are topping a big cycle. Happy trading
Princessgirl
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I agree with you. But I do believe it may go up/sideways in the next few days. I see a descending triangle with some indicators pointing towards an upward trend. The Stoch RSI and the MacD are showing an upward trend but I believe that will be short lived due to the convergence shown on the MacD. The Stoch RSI and the MacD should present a downward move within the next 9 to 13days.
But I will be prepared for anything. I'm thinking by next week we will have a better idea of what exactly is happening.
sevensphere
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@Princessgirl, ty for your comments. I hope you will get the entry you are looking for. Happy trading frd
Princessgirl
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@sevensphere, what is that indicator you are using on your chart? Sentiment? Is that RSI or something else?
sevensphere
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@Princessgirl, its something else that i coded. I have better result using it than using the RSI or MACD. I can use divergence with it, count the waves, etc. At the end , i use just use it as a confirmation for my forecast like people would do with RSI or macd.