dryanhawley

Low stress style of trading using EWT, The Pivots, 60" candles

Education
CME_MINI:ES1!   S&P 500 E-mini Futures
I used to daytrade, in and out all day and night, but now I feel that is playing into the hands of The rich brokers on Wall street.

So I came up with a much lower stress style of swing trading, based on Buying the ES when it reaches S4 or S5 in 60" candles and shorting by using SPXS (tripple inverse Spyders) along with everything else I know. One of those things is Elliot Waves, and I repeat we have 3 sets of 5 waves up from 2008 a series of waves down off of all time highs, a countertrend (DOWN) rally up on a 4th wave, this created a Tripple Thrust pattern one of the most powerful Elliot Wave patterns. The green lines are my targets, but we won't go straight down there, we will have mostly up days, and selloff days, I will stick to my 60" charts, and the pivots for entries and exits to maximize profits.

I believe we are long overdue for a correction, a Bear market, 14 years is a very long Bull Market. When i am chatting in the room, I try and give insights to daytraders, but know my trades are not in and out 600 times a day as explained above. A big part of my trading style is predicting the moves of the Rich Brokers and Bankers who own the gambling casino on Wall Street. IMO they never lose. I have a gift for interpreting charts, and calling out moves, i don't know why I was given this gift.

I shouldn't have bragged in the room, by challenging someone to find a wrong call I made over the last 5 years, I was just trying to establish credibility quickly as i have been away awhile.. many new people who don't know me. I believe my posts are educational, but are written in an entertaining way hopefully.

Please check out Kauai Dave Pivot Traders on youtube. www.youtube.com/channel/UCNpY7S_s1cxw0cer4PyEEMQ
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