SI
SI
discoversearch

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: Qone0 who wrote (75123)12/22/2022 12:07:42 PM
From: Sun Tzu2 Recommendations

Recommended By
catou1
skier31

  Respond to of 96759
 
These work in progress indicators (don't take them too seriously for now) but they are attempts by the algo to mind read other traders and also make suggestions.

OL = Open Long (often accompanied with a price)
OS = Open Short
BTFD = Buy the F'n Dip ;)
STFR = Sell the F'n Rip

Cuppy is the opposite of toppy = it is starting to point up, so maybe cover the short position or switch sides.

Here's a brief demo on a 10 second chart. The basic process is to buy when crossing the green line from below and sell near the top red line (if you are bearish) or sell when crossing the red line from above.



Focu on near the left side. You see that when we went above green line, it kept going up until the orange line on the top. But what I'd like you to note is the blue line. It is the median of the order flow and came in pretty close to the top line. So almost nobody picked the bottom (normal) and every one waited for a bounce before they piled in (also normal) but the median came pretty close to top (not normal). And for this reason, once it started falling, it fell pretty fast as traders regretted catching that falling knife and cut their losses.



To: Qone0 who wrote (75123)12/22/2022 12:45:35 PM
From: Sun Tzu1 Recommendation

Recommended By
skier31

  Read Replies (1) | Respond to of 96759
 
See what happened here?
Instead of the top line (orange) being the sell target, the median (blue line) is now the sell target. Basically every trader is just happy to get out with minimal loss rather than make a coin.

I still have two other SOXS positions in other accounts that I need to close...getting close.