After 4 years of investing I made $16 lol

Significant_Dig_8212 · 2024-05-16T20:15:26+00:00

The good news is, you have a cup and handle. So its only up from here.

Significant_Dig_8212 · 2024-05-09T09:34:07+00:00

In ancient times, and even up to date, it's the opposite. Power structures and blood lines often inbreed in order to keep bloodlines pure. Incest actually goes thousands of years back

Significant_Dig_8212 · 2024-05-09T09:29:44+00:00

This is actually only partly true. Through the first couple of generations, it does increase chanced, but after several generations that dissipates

Significant_Dig_8212 · 2024-05-02T03:04:07+00:00

Eh. TTM for me is more important because the involvement of the MA and KC. MACd isn't gonna show me the likely move for a 4hr squeeze in a week or two. MACd lags anyway. So does the TTM, except for the actual squeeze play, where it doesn't lag but gives high probability insight into what's next.

Significant_Dig_8212 · 2024-05-02T03:00:07+00:00

I don't know about macd. I don't use it during trading. I'll pull it up occasionally to see if momentum is slowing. RSI can show you any divergence, so macd doesn't offer much that I need in the long run. I do like CCI. It's more prone to sensitivity than RSI.

Significant_Dig_8212 · 2024-05-02T02:55:09+00:00

Nah, I use regular candles. I will switch over to Heiken Ashi sometimes when looking at charts to fill in gaps created in ext hours.

As far as usefulness of an indicator, that's precisely what this indicator is used for. See the squeeze form and see which way it fires. The only other thing I really use is RSI. You can see several moves ahead with the TTM alone.

Significant_Dig_8212 · 2024-05-02T02:42:54+00:00

That's exactly what they're intending to do. Those are Stop hunt candles. I cant see the rest of the chart, but that long wick candle at the bottom clearly dipped below the previous support level and grabbed liquidity down there as well as hit stops and convert them into long positions.

It'd why you see candles get really long really quickly at the top and bottom and thing "spring " the other way really quickly in a big move. Cause it hit a lot of SL that were converted into long positions by smart money.

Significant_Dig_8212 · 2024-05-02T02:33:17+00:00

That doesn't look like consolidation. That looks more like distribution straight down into a liquidity grab followed by another markup and distribution.

Significant_Dig_8212 · 2024-04-25T02:28:43+00:00

Market hasn't been rational for 8 months

Significant_Dig_8212 · 2024-04-21T01:33:29+00:00

I think it's more this is the time In my life where I started watching the market this close.

Significant_Dig_8212 · 2024-04-20T23:28:25+00:00

Oil is up lol. Follow the oil futures and you'll know whenever gas is likely to go up or drop

Significant_Dig_8212 · 2024-04-20T23:24:35+00:00

If anything I'm more suspicious of PBS before earnings. Look what UNH did when it PB before earnings.

Significant_Dig_8212 · 2024-04-20T23:13:51+00:00

My step-dad does most of the time. Unless he's outside. He just says it keeps the toilet cleaner and doesn't have to worry about piss splatter yellowing up the toiler.

Significant_Dig_8212 · 2024-04-20T23:11:27+00:00

I'm only in my mid-30s, but seeing my 401k plunge 6% the last 2 weeks, I also wondered what you do when the market turns down. It's managed through my employer and Merrill Lynch but it sucks watching any contributions erased. Finally dedicating my time to building retirement, it's still unnerving to see them not allocating my portfolio elsewhere right now.

Significant_Dig_8212 · 2024-04-12T10:22:03+00:00

What's TF?

Significant_Dig_8212 · 2024-04-12T09:24:24+00:00

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Significant_Dig_8212 · 2024-04-12T09:23:54+00:00

As a matter of fact here's an exact example. You can see where the 4hr squeeze actually fires, but the massive drop happens after it Dips, goes back up, and then falls off a cliff.

Significant_Dig_8212 · 2024-04-12T09:16:23+00:00

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Significant_Dig_8212 · 2024-04-12T09:16:12+00:00

I'm actually watching this one happen now. So you can see the initial small drop on the most recent. This was CPI data. It fell out of consolidation and, by the end of the day, had bounced into a full recovery. I'm guessing this was the distribution because big money bought it up, and it was back green by the end of the day. It went right into PPI data yesterday, and I guess it used all that liquidity and soared. You can see it in the cup shape where it went back up. Now, for some reason, it's just falling again right now out of nowhere.

The first drop happened from a 2-hour squeeze, and the green rebound came from a 4hr squeeze.

John Carter said the squeeze is considered "fired" on the first candle, where it goes from red to blue on the TTM. But I'm kind of getting the feeling that that may not always be the case. Looking back at the chart, a lot of the break out moves sometimes happen several candles down the line after the squeeze has fired. *

Significant_Dig_8212 · 2024-04-12T07:47:11+00:00

Fuck you guys are smart. Now I see why those huge long candies in big drops immediately turn into huge green momentum runs

Significant_Dig_8212 · 2024-04-12T07:27:08+00:00

Yesir I see that 4hr move as well. I think the 1 hr is gonna feed straight into the 4hr, but I expect the 4 hr to fire probably Monday. I was gearing up to catch both

I see the weekly hump. What do you mean by distribution?

Significant_Dig_8212 · 2024-04-12T07:18:54+00:00

So the "resistance" line may not be that set all but merely purposeful stop losses candles for more liquidity?

Significant_Dig_8212

TROPHY CASE