[elovemer]

3 days.. 3days
... 3 days

[Shamal]

elovemer,
there are so many lines on this chart, I have no idea what all this means, perhaps you could outline in simple English.

[elovemer]

.....sorry... the lines don't matter...
... i just wanted to show my buy,mid,sell cycle......

Originally Posted by Shamal »

elovemer,
there are so many lines on this chart, I have no idea what all this means, perhaps you could outline in simple English.

[richbois]

Today was SS Day. As mentioned in Friday's report we had good odds of making it back to the Buy day lows. Although NQ made it and TF came close, today was ok to take longs when we had a chance. Matter of fact both opportunity were nice trades.

[elovemer]

.... on my cycle... not anyone else's...
... it will be interesting to see if wednesday sell day high can break the 876 swing high or not... (using buy/mid/sell/buy cycle)
... one possibility is to look for possible failure to break 845 channel center line which is also my break price on daily chart 3 price break

Originally Posted by elovemer »

3 days.. 3days
... 3 days

[WHY?]

Tape says it is unlikley it will break that swing high on wed. In your count what you label a Sell day is really a SS right??? Or is that incorrect?

[elovemer]

.... yes it is WHY ....
... Taylor's terminology is confusing to me so i changed it....
... his "sale day" is my MID .... his "short sell" is my SELL....
.... without comparing my cycle to anyone else's... i will be looking for a high penetration on wednesday for a short early in the session....
.... on wed... if high is not made first.... then i will be looking for a high made first on thurs which is my next buy day..... to short a reaction down....
... i agree that 876 looks unlikely to be broken on this 3 day cycle.....
.... hopefully we can at least get a 61% at 849.5

.... thanks again to all posters.... i am learning a lot from this thread....

Originally Posted by WHY? »

Tape says it is unlikley it will break that swing high on wed. In your count what you label a Sell day is really a SS right??? Or is that incorrect?

[elovemer]

.... if the same day decline off of the 849.5 short is large.... then close out the short to lock in the gain......
.... if it works out.... then next play is to buy a low made first on thursday.....

Originally Posted by elovemer »

...
.... hopefully we can at least get a 61% at 849.5
.... thanks again to all posters.... i am learning a lot from this thread....