Actionable Trade-Alert
from Rick in the Trading Room
(Please check all related discussion in the room before you do any trades.)
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07:00 |
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07:01 |
Rick, you are the man !! ES low so far 6,704.50. Very near your 14:35 target at 6698.25 |
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07:09 |
I am long from 6699.25, CM, filled just minutes ago. // Covered 25% at 6705.00. No stop at the moment. // A real pisser. It seems to know about my target. The pattern was not so obscure that I can rule out front-running. I’m always recalibrating my sense of what the clowns, pinheads and algos know. |
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07:17 |
I am long 1 – stop loss 6695.25 |
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07:21 |
Rick good afternoon |
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07:21 |
Can you update for gold pls? [{{ You seem to have a one-track mind, Niko. You’ve been getting pretty good value from your free trial subscription, I’d say. . RA }}}] |
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07:22 |
Stop loss triggerd. I am out // [[{{ I am still in but just took another 25% off at 6707.00. /// And now stopped out of the rest for a huge profit of 3 points x 2. There was no way my reinforced-concrete Hidden Pivot support was going to be overrun by sellers, especially at this time of the morning, so I have to infer that there is going to be blood in the streets by the time the day ends. Sellers are much too eager, although they have yet to experience real panic. RA }}} ] |
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07:32 |
Rick tried yesterday two times from my mobile to pay subscribe.I will do during weekend for sure.I am in China for the moment [{{ I never use a phone to subscribe to anything, Niko. That’s one of the 100 tasks cell phones handle most poorly. My Galaxy S23 is a necessary evil. With no prompting from me, it has a nasty habit of pocket-dialing the last person in the world I’d want to talk to at that moment, usually an absurd hour — my ex, for instance, at 3 a.m. Go figure. RA }}} ] |
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07:43 |
ES in free fall after 6698.25 gave way [{{ At this point, the algos, clowns and pinheads have only last Friday’s 6650.25 low to reference, so that is where they are going to take this hoax/gas-bag. It is never good to have to depend on so obvious a support, and it will rupture before the hoax/gas-bag can turn around. The bounce could be ferocious, but probably short-lived. Wherever it tops will be a great short sale. Meanwhile, there is just one Hidden Pivot support left that does not coincide too closely with 6650.25 to trade: 6662.50. Since a roomful of Goldman Sachs quants could never find it, it has a decent chance of working. RA }} ] |
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07:59 |
Sorry to jump in but i think 6689 is still in use as support [{{ By you, maybe, but you could be the only one. RA }}} ] |
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08:00 |
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08:01 |
Is d=6662.50 derived by rABC 6850.75 / 6745.75 / 6766, p=6714.50? A short answer yes/no is ok. [{{ No. If you find it, though, please keep it to yourself. RA }} ] Thanks, sure! |
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08:06 |
If Gold bulls don’t show some spine here, they are going to open a path down to 3976.30 (corrected slightly), a back-up-the-truck number. As things stand, a bounce to 4181.60 would be a short sale, stop 4251. |
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08:16 |
Thanks for gold update Rick. I will be backing the truck up! [{{{ Please note slight change in my numbers. RA }}} ] |
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08:20 |
Rick i missed your message when you mean here what price it is? [{{ Give it a rest, grasshopper. RA }}} ] |
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08:25 |
Ok |
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08:25 |
Did I miss where someone recognized we’re nearly at Ricks BTC prediction from last month? |
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08:28 |
I’m seeing a low of $94,563 [{ It still has a ways to go, GB. My target, which goes back to when BTC was trading around $117k, is 91,358. RA }}} ] |
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08:33 |
Any minute now they’ll throw the kitchen sink at gold/silver, then we drift back up. |
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08:41 |
AGQ ETF bought to open. |
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08:42 |
TSLL ETF bought to add. TSLA @ 382 |
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08:47 |
Long 3 silver contracts here at 50.53 |
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09:00 |
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09:30 |
SPY tripped a ‘mechanical’ buy earlier this morning at 667.81, well above where it is trading now ahead of the opening. The implication is that the trade will reap at least a one-level profit via a bounce to p=674.41 before relapsing below the 661.20 stop-loss applicable to the ‘mechanical’ entry. |
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09:32 |
I still like 6662.50 for a turn in ES. |
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09:37 |
Bitcoin is bouncing precisely from p2=94,344 of a pattern projecting to 89,964. That is an alternative target to the bigger-picture one associated with 91,358, and it will be in play if the higher target is decisively exceeded. Regardless, 91,358 should be bottom-fished aggressively. Here’s the chart, immediately below CM’s 9:41 post: |
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09:41 |
ES trampolined 30 point from 6670.50 [{{ At least I can go to my grave knowing my target was not front-run. Just the cosmos screwing with my head. The low missed my target by 0.12%, but it still could have been used for profitable bottom-fishing with a visually logical TI of 6.50 points. RA }} ] |
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09:41 |
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09:50 |
The SPY paper-trade (9:30 post) is still the one you want to watch, since it will lay bare the intentions and limitations of DaBoyz. It has rallied back to break-even after missing the stop by 2 points. The one-level profit would be at 674.41, as noted above. That may be as far as DaBoyz can take this bear rally. NVDA is the first lunatic stock to go ‘green’, and it is therefore a good place to focus one’s attention today. I expect the stock, currently around 187.60, to relapse to 175.93 before the day ends. |
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