mirthful monday, page-41

JD
Maybe that theory doesnt always work, however it did today.
I have stated my thoughts on the market direction and i think as late as Saturday mentioned a 37 day possible reversal.
I also stated the scenarios for both short and long trades on a daily chart.


Winkinatcha
- Accumulation/distribution is not as good as an impulse move > if a stock or index is sideways for a period why not wait till the direction is clear or enter near the completion of a time phase
- Refer to the 37 day period mentioned above and in a recent video, so then i would look for an intra day entry in the direction im thinking it might go. Sometimes they stick sometimes they dont.


I dont even attempt to be as good as you both in regards to shorter time frame trading, but i do think i have a good grasp on the markets and where possible share what i can.