moneyflow_trader

RSI below Cloud, looking for 4200

Long
moneyflow_trader Updated   
OANDA:SPX500USD   S&P 500 Index
entering another future scalp long trade. Looking at the 4hr chart, we have the RSI below the cloud, which is bullish. We also have two triangles (possible Bullish ABCD set up) which are inside the bullish cypher pattern. And I see previous resistances acting as support. This trade does carry risky.

I dont recommend falling this trade, I'm posting it as a part of my trade journal, so I can go back and review my trade for later. Overall, i'm bullish on the market based on what the AD and money flow have shown me. I'm a buyer of all Dips
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Life is not without challenges... starting to think when I post some of my charts Algos and Institutions see it and try to trade against it or at least shake me out. still long
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If you see the guy name LUCK264, HE'S MY PERSONAL CYBER STALKER HERE ON TRADINGVIEW.. HE FOLLOWS ME AROUND, AND HE POSTS LITTERALLY ON ALL MY IDEAS. I'M ACTUALLY BEGINING TO FEEL UNCOMFORTABLE... I REALLY DONT DESERVE THIS MUCH ATTENTION. HE DOESNT HAVE ANY POSTS, AND HE WANT PUBLISH A CHART. HE CONTINUES TO POST TO EVERY IDEA. I'VE BEEN CALLED A LOOSER, SAYS I DONT KNOW ANYTHING ABOUT THE MARKET. IM A PERMABULL BUT I GOT PLENTY OF BEARISH CHARTS. JUST BE CAREFUL AROUND HIM. I THINK I TURN HIM ON OR SOMETHING . I HAVE NO CLUE... I'VE ASKED TRADINGVIEW TO STEP IN, BUT THEY WONT. PLEASE IGNORE THE TROLL
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CYBER STALKING IS A REAL THING. THIS WEBSITE IS FOR TECHNICAL ANALYSIS... IF YOU WONT PUBLISH YOUR OWN CHART OR AT LEAST SHARE A CHART THATS A PROBLEM. ESPECIALLY WHEN YOU CONTINUE TO FOLLOW A PERSON AND ALL OF THEIR IDEAS. EVEN IF YOU DISAGREE SHARE A CHART... ITS NOT THAT HARD, CLICK THE CAMERA/ COPY THE LINK THATS ALL YOU HAVE TO DO
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If we run to 4190-4200 by EOD... I'm thinking of getting some calls for SPX sp500 3x bear etf or UVXY
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as a hedge for the long holiday weekend
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puts on SPXS $17 strike, just a scalp wont hold over the weekend.. will try to switch out before end of the day and buy calls for the hedge
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gotta trade in pairs like forex w/ the sp500 futures... I should've been in those put options 2-3 days ago because i've seen this move early
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look at the squeeze...
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4183 is not a bad zone to take profits. the week started out a little rough, but at the end of the day the analysis was correct.. the timing could've been better if im doing an honest assessment
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1hr view of the 3x bear etf im short
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4190-4200 more than likely pushes this to $16
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if C leg is taken out on the 4hr chart, then look at the daily chart of SPXS
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then 15.50 area becomes target for SPXS
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you get 3 plays in one. long spy, short spxs, or long futures..
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just beautiful, we retested the short level
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1min time frame 50 day moving avg spike level, this needs to carry over to the higher time frames. 4180 is not a bad profit zone, 4220 is greedy we shall see if it carries over, raise your trailing stops to protect profits, if you got calls, I highly recommend you take profits or get the initial investment back
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now if the 50 day moving avg crosses over the 15 min spike level, this will push to 200 and the trade will be complete
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4190 and im shutting the trade down
Trade closed: target reached:
I want to be the 1st one out the door, thanks for following the trade and the ideas.. enjoy your memorial weekend..
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made 60% just on that SPXS short this morning alone... get in and get out. Homeruns are great, but Singles/Doubles will get you to the hall of fame. Remember that.... and also remember "Its not about being right or wrong, just be profitable"
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