MyPivots
Sign In
PO
popstocks
Rep: 100
Posts: 358
Good morning all, little short coming up around 1058 I think.
MY
myptofvu
Rep: 2,018
Posts: 666
What time frame did you find that cycle low on Kool?
KO
koolblue
Rep: 48,651
Posts: 16,032
1 min chart, plain as day... check it out(11:03-11:12)
KO
koolblue
Rep: 48,651
Posts: 16,032
also,10:47-11:03,before that.. note how the 2nd confirmed the first. Then when you get close watch your tech.! BOTH 1 AND 5 MIN. WERE VERY OVERSOLD
MY
myptofvu
Rep: 2,018
Posts: 666
Thanks Kool that explanation helped alot, because of it I went back and counted from 10:57 to 11;22 and shorted 62.50 for +2.5
KO
koolblue
Rep: 48,651
Posts: 16,032
Darn, that cycle top came 1 min. early (due 11:50) and i was looking for 1064 any way!.... Ihave proj. 1066.25-1067.50 area
KO
koolblue
Rep: 48,651
Posts: 16,032
MYPTO,the important thing is ,see how one confirmed the other? Thats important.(ps. nice trade!)
RE
redsixspeed
Rep: 4,111
Posts: 1,711
20 & 50 EMA on 15min. bound together = resistance
BR
BruceM
Rep: 216,211
Posts: 19,895
nice cycle trade !! well done
KO
koolblue
Rep: 48,651
Posts: 16,032
buying 1050.50
KO
koolblue
Rep: 48,651
Posts: 16,032
SOMETIMES this is soooo frustrating ... i had my order in before typing my post , hit my price dead nuts and turned ,but i never got filled! Woulda been a nice little scalp tho.
PO
popstocks
Rep: 100
Posts: 358
Thanks Joe