| StockFetcher Forums · Stock Picks and Trading · Intraday Alerts | << 1 ... 1808 1809 1810 1811 1812 ... 1903 >>Post Follow-up |
| johnpaulca 12,036 posts msg #142023 - Ignore johnpaulca |
2/8/2018 10:13:18 AM johnpaulca 11,540 posts msg #141985 2/7/2018 9:24:41 AM SPY...looking for the next wave of selling unless we blow through BB40 on 2-hr(resis), but first we have to sucker a few more retail buyers at the open. ************************************************************************************************************ hope you guys didn't sucker in yesterday |
| johnpaulca 12,036 posts msg #142026 - Ignore johnpaulca |
2/8/2018 10:33:35 AM davesaint86 392 posts msg #141986 - Ignore davesaint86 modified 2/7/2018 9:34:15 AM johnpaulca - I'm looking at a 2hour chart of SPY with the 40 BB. What should I be looking for? Price crossed up above the lower band. *************************************************************************************************************** You can see how BB40 on 2-hr still being a pain for bulls. More resis above with BB125. As you can see getting back into a trend is not easy, take lots of conviction by buyers. |
| davesaint86 726 posts msg #142034 - Ignore davesaint86 modified |
2/8/2018 11:40:39 AM I see! So if price goes above the mid-band on the 2 hour 40BB is that a full buy or a first buy? If only the first buy what do you look at to buy more? I still cannot figure out how you are using the 125BB. Are you overlaying that with the 40BB on the 2 hour chart. I did look for example at BA this way and the 40BB mid-line was above the 125BB mid-line. I do not know if this is what you were saying when you said the trend is intact. Thanks! |
| johnpaulca 12,036 posts msg #142035 - Ignore johnpaulca |
2/8/2018 12:01:20 PM that depends on you risk tolerance and money management. If you buy when it crosses BB40 then you have to deal with a much stronger resis in BB125. Let it get above this resis with at least 2-close then buy the first pullback using RSI(2) or your favorite trigger. Buying into momo is less riskier than trying to find a bottom. Averaging down is just plain crazy, ie. XIV If a trade goes against you, get the hell out, don't throw good money at a bad trade. Bad trades are part of trading. You're a good trader if you get 60% of your trades right, anyone proclaiming they have more than 80% win is just full of sh$t....90% is a pipe dream....glty!! |
| johnpaulca 12,036 posts msg #142036 - Ignore johnpaulca |
2/8/2018 12:05:58 PM -Trend intact....BB(40,0.4, simple) > BB(125,0.1, expo) -close > BB125 -Daily charts |
| johnpaulca 12,036 posts msg #142037 - Ignore johnpaulca |
2/8/2018 12:10:04 PM |
| davesaint86 726 posts msg #142038 - Ignore davesaint86 |
2/8/2018 12:55:00 PM Thanks for the explanation! |
| pthomas215 1,251 posts msg #142039 - Ignore pthomas215 |
2/8/2018 1:30:18 PM grabbed 50 cents on YANG from last night purchase. it still has some juice but this market is scaring me a bit...heading for the sidelines for a bit. |
| johnpaulca 12,036 posts msg #142069 - Ignore johnpaulca |
2/9/2018 9:24:09 AM SPY....2690 line to hold, lots of overhead resis, traders caught will be dumping. Oversold(weak) bounce will be in play at the open. Bullish on /RB |
| johnpaulca 12,036 posts msg #142070 - Ignore johnpaulca |
2/9/2018 9:38:45 AM BB125(lower band)....resis at 261.06 |
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