FoggyLights

SPY: Intraday Set Up

AMEX:SPY   SPDR S&P 500 ETF TRUST
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No need to get excited.
Comment: futures:
Comment: I stopped using indicators for awhile and then realized that I'm missing some of the subtleties. I'm using EFI, VI, + Stoch here and there - they complement each other pretty good.
Comment: ignoring SPY when trading futures is not very smart #bigcash lol
Comment: friendly reminder:
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Comment: I'm going with probabilities and it works. I took a small low risk trade on SPY at 234 2 days ago.


Now if they think this is pseudo-analysis - they can f off. Read "The Education of the Speculator"
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Comment: I'm trading ESM7 now but watching the SPY and SPX500 charts concurrently. SPY is the whale.
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Comment: so this is my trading in real time, no BS, no boasting in the chats about some fabulous profits every day
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Comment: If it breaks AND CLOSES below the control line THEN going short is viable (and not greedy all-in, lol)
Comment: SPX500 should be in the support zone, no shorting for me here
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Comment: http://www.nasdaq.com/symbol/spy/after-h...
some large buy orders detected, might not mean much though
expect a big move up tomorrow if this support holds (I think it will)
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KevinT FoggyLights
@FoggyLights, didn't it broke the support?
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@KevinT, please click the "play" button, you'll see where I see the support line:
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FoggyLights FoggyLights
@KevinT Also, I think the spike downward that we had is what I described here. I think now it's consolidation time withing the pivot boundaries. Now, I'm not placing myself on tradingview as a big expert so these are just some ideas, nothing more.
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KevinT FoggyLights
@FoggyLights, Ah I see. Thanks for the explantion.
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emotions, emotions everywhere :)
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the arrogance of some people makes me puke further than I can see
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off to order a kid's meal...
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that's why I like cats, old people, and kids
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the moment you think you're smart and better than others you become a piece of s**t (which we all are anyway)
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