Actionable Trade-Alert
from Rick in the Trading Room
(Please check all related discussion in the room before you do any trades.)
|
11:35 |
The touted Bitcoin trade worked nicely and could have been covered this morning for an overnight profit of around $2,300. As expected, the rally was short-lived and exceeded the green line by just 0.4% before receding to within a hair of p=89,500. The recommendation was explicitly detailed and, presumably, clear enough for any subscriber to have done the trade. Any reports? |
|
|
12:00 |
||
|
12:30 |
BTC update – report , once I’ve noticed BTC above 92K in the morning – decided to target 94,181 . Wrong intuition so far, still holding BITU ETF . [{{ Use my tout. The pattern I’m using got a $2300 trade right last night, and there is no reason to think it won’t continue to make tradable sense of Bitcoin’s current behavior. RA }}} ] |
|
|
12:52 |
With some proprietary details cloaked, below is a chart with Hidden Pivot levels that are controlling ES at the moment. If it touches the green line, that would signal a further fall to at least p=6766.75. With $3500 of entry risk, I would use a small-pattern (i.e., ‘camo’) trigger to cut that by at least 90%, I would also back up the truck, using an even tighter trigger, to attempt bottom-fishing at p. |
|
|
12:52 |
||
|
12:55 |
Rick, I was looking at it but I am still learning so I only did the paper exercise. Because d was not hit I was not sure if x would still be valid. ‘The correction would need to hit d=84,819 to set up an attractive buy, and a run-up in the meantime to x=91,840 would trigger a ‘mechanical’ short.’ Please give me feedback. [{{ Last night’s fist-pump up to x looked so feisty that you’d have to be crazy to think it would not keep going, wrecking the bearish pattern with a move through c=94,181. However, I simply weighed this instinctual reaction against a textbook-perfect set-up for a mechanical’ short at x= 91,840 (exactly as the tout explicitly advised). This is what I mean by initiating trades in the ‘discomfort zone’, The best trades almost invariably go against your gut instincts. When every bone in your body is saying “No, No, No!! that is when you have to jump into the trade. RA }}} ] |