News Focus
News Focus
Followers 85
Posts 28908
Boards Moderated 1
Alias Born 04/05/2007

Re: diddunit post# 2114

Thursday, 08/30/2018 8:48:52 PM

Thursday, August 30, 2018 8:48:52 PM

Post# of 39907
news means almost nothing
unless war, 911, lehman brothers
tariff really nothing that will shatter the market

at doctors first couple hours

market profile flaws
Tops are often with an excess high. we had that barely.
Profile traders want perfection and do not want to use another form
of TA. They will combine any other form of TA.

So shadow2 thought an up day since the excess high was not extreme

Simplistic EW had wave 5 (64) much longer then wave 1 or 3

That said MP said get a good location for your trade was the 2nd time
thru the open. I like the 2nd time on any trade.

Notice how shorts covered before the close to not get caught too short.
I am mildly bearish

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today