"Anything Can Happen and Will Happen" - my trading motto.
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This is very bullish, but it's also at strong resistance, so I'll be waiting for some clear manifestation of the today's mood. That upper gap on SPY is worth attention too.
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My strat for today: wait for the SPY gap to be closed and if the bullish move stops at the upper border of the gap I'll start accumulating a short position. Generally, I'll be looking for some kind of range in this zone to take advantage of the extremes.
I'm done updating for today. Good luck.
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Plenty of divergences. I'm scaling in for a short swing position. Hedged at 50% just in case.
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daily chart:
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75% chance of interest rates being raised in June? The market is not concerned? Lol.
It sucks when the people you consider your friends sell you. I want to puke further than I can see. Never happened in the real world but happened in the Traderland.
UnknownUnicorn292837
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In "The Vocation of Man" (1800), Fichte says that "you could not remove a single grain of sand from its place without thereby ... changing something throughout all parts of the immeasurable whole".
UnknownUnicorn292837
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The Runner’s High
The trades were placed. We started racing.
The high will come – just wait for it.
Adrenaline of risk embracing.
The gambler’s drug if you admit.
The opiods of the brain receptors
Embraced the endorphins of the excited blood
Euphoria induced by simple action
Is entering the mind like a flood.