Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Sun Tzu who wrote (44604)	11/24/2021 10:20:37 AM
From: Sun Tzu	1 Recommendation Recommended By ajtj99 Respond to of 97205

Here's a map of sorts for those who want to follow the trade. The basic rule is to follow the path as shown in the 15s chart: wait for the trend to exhaust itself and then jump on the train. Wait until we get to next stop. If it is moving fast, don't get off and wait for it to turn around. But if it is slowing before the stop, then take some profits. The two charts are 8hr and 15sec. The fibs are visible in the 8hr chart. The size of the bar doesn't really matter because the behavior will be the same (see the post on the Art of Investing for an illustration). You should choose a bar size that you are comfortable with in terms of reaction time and in terms of swing size so you can manage your risk better. . PS I covered near the bottom and went short at 16225. We're having a bit of pitstop at 16190....If it holds, then maybe the selling power is exhausted before the holiday.