AMEX:IWM   ISHARES RUSSELL 2000 ETF
71 10 4
Hi guys. My short target has been reached and I'm accumulating cautiously imho. Meekly thank you for the support. Have a nice day.
Kommentar: the opex gravitation zone in 2 weeks is 150, not trolling anyone but love imho
Kommentar: https://www.youtube.com/watch?v=-d5HKiRdcXQ
Kommentar: lol a fata flipping morgana imvvvho
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i got out on the first spike but i'm not bearish on this index and will reenter in the morning for the same target
Kommentar: not nice of them
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Thanks much.
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@Shiloh777, You're welcome. May our accounts grow to infinity.
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Shiloh777 PRO IllusionsCatcher
@IllusionsCatcher, Amen to that. I am tired of losing.
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@Shiloh777, we should try to fix that
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Shiloh777 PRO IllusionsCatcher
@IllusionsCatcher, I would love to. I just looked at your entry today which was perfect, as I went long at the opening today. I am sorry I do not know how to PM on this platform so that you can help me.. I did not see this message until now. Thanks.
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@Shiloh777, It's OK if you PM. I was mostly concentrated on my oil trade today as I was scaling in into a long position for about 2 hours as it entered the support zone. As far as IWM I was waiting for a confirmation but still entered a little early but the position was dark green into the close. We'll probably see more Z action early next week and that is hard to trade. I have a good system but following it requires an enormous amount of self-control. Feel free to join.
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Shiloh777 PRO IllusionsCatcher
@IllusionsCatcher, Thanks how did you get the SPY target? for next leg up and how confident are you that it will be a bear trap? Where do you get ypur VSA and VPA indicator? Thanks for answering.
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@Shiloh777, VSA (Volume Spread Analysis) and VPA (Volume Price Analysis) are not indicators but discretionary trading systems. You can google and get some literature on the both. Also "Trades About To Happen" is a nice book that describes this approach. As far as how I pick up my targets it's a long conversation and we can discuss on the future charts. After determining the most probable direction I come up with the location of the most probable profit taking (PT). Pt happen at critical levels. With SPY I anticipate a retest of the most recent high. If the projected PT level coincides with daily pivots, trend lines, major reversal zones then probabilities go up. As traders we can only get about 60%/40% probabilities imho. Everything else is a fairy tale.
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Shiloh777 PRO IllusionsCatcher
@IllusionsCatcher, Thanks much I appreciate your input.
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@Shiloh777, You're welcome.
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