OUT OF GAS

OUT OF GAS
BUY-SELL-PRESSURE is at the extreme
not seen for the period of this chart.
But you know, you can go 10's of miles
before you "really are out of gas".
So, give the market 1-4 days of churn and
see if it is ready for a dive.

Good Trading

BUY-SELL-PRESSURE

no pattern for me, going to ~44.00

No Pattern for sell.
Looks like around 44 is where
we go.

Good Trading

Likely Day Top Arrival time 15PM

Most likely arrival time for the
daily top is now 15PM. and the
most likely price
43.73 or 43.83
Look for patterns
at those parameters.
Good Trading

Gave up 7c on a trade look for new

Gave up 7c on a trade look for a favorite
candle pattern to put another short.
43.61 is good resistance and even better 43.73
so try around those.

Just make sure your risk is never more than
10c or so depending on your trading.
This market can do this stupid game for
a long time, so do not give it much money
at all. As told many times, if you do not
have short term patterns and do not trade
with small stops and commissions, you need
to obtain those or stop trading, until you do.
Small commission is under 4c a share.

Good Trading

sell qqqq 20pt stop

Nimble traders sell qqqq at next
5 minute dark candle, place
the protective stop 20 pt above.
More nimble traders watch with
a less than 7pt stop.
Top is forming at 12pm ET.

Good Trading.

tighten all stops to 27%

Please tighten all stops to 27%
That means the XAU/XOI or the
stocks within them + GOLD, EURO
etc.
This is for short term traders.
DO not touch long term PORTFOLIO.