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.
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ignoring SPY when trading futures is not very smart #bigcash lol
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friendly reminder:
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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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I'm trading ESM7 now but watching the SPY and SPX500 charts concurrently. SPY is the whale.
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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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If it breaks AND CLOSES below the control line THEN going short is viable (and not greedy all-in, lol)
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SPX500 should be in the support zone, no shorting for me here
expect a big move up tomorrow if this support holds (I think it will)
KevinT
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@FoggyLights, didn't it broke the support?
UnknownUnicorn292837
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@KevinT, please click the "play" button, you'll see where I see the support line:
UnknownUnicorn292837
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@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.
KevinT
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@FoggyLights, Ah I see. Thanks for the explantion.
UnknownUnicorn292837
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emotions, emotions everywhere :)
UnknownUnicorn292837
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the arrogance of some people makes me puke further than I can see
UnknownUnicorn292837
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off to order a kid's meal...
UnknownUnicorn292837
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that's why I like cats, old people, and kids
UnknownUnicorn292837
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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)