Wednesday, Nov. 24.
The upside breakout continues...
The upside breakout continues...
HELL IS EMPTY, ALL THE DEVILS ARE HERE. -- Shakespeare
Futures: Energy, Metals, Grains, Soft, Indices, Rates
Monday, Nov. 29.
I removed a few lines and added a horizontal blue dashed line at today's low.
The dashed line represents the stop loss at the most recent DIBS entry; today's low
was still a bit above it, so IF we had entered a trade at that DIBS entry,
we would NOT have been stopped out.
I removed a few lines and added a horizontal blue dashed line at today's low.
The dashed line represents the stop loss at the most recent DIBS entry; today's low
was still a bit above it, so IF we had entered a trade at that DIBS entry,
we would NOT have been stopped out.
HELL IS EMPTY, ALL THE DEVILS ARE HERE. -- Shakespeare
- #466
- Dec 1, 2021 8:49am Dec 1, 2021 8:49am
- Joined Jan 2016 | Status: Trader | 4,058 Posts
Hi: It's my first time that I post here and I hope that you allow me.
Here is my view on S&P. My ST outlook is Sell. My target is 4452. GL! 
Here is my view on S&P. My ST outlook is Sell. My target is 4452. GL!
Thursday, Dec. 2.
Using the rules of the DIBS method, we are still treading water,
but we have not been stopped out: we have not crossed below
that dashed blue line.
Using the rules of the DIBS method, we are still treading water,
but we have not been stopped out: we have not crossed below
that dashed blue line.
HELL IS EMPTY, ALL THE DEVILS ARE HERE. -- Shakespeare
Friday, December 3.
So far, there have been six bona fide DIBS entry points and one iffy one since July 1, 2021.
Driven into an upward trend by the so-called "transitory" inflation, coffee prices are up
about 68% since the July 6 low of $147.65, as taken from the recent high of $248.20.
So far, there have been six bona fide DIBS entry points and one iffy one since July 1, 2021.
Driven into an upward trend by the so-called "transitory" inflation, coffee prices are up
about 68% since the July 6 low of $147.65, as taken from the recent high of $248.20.
HELL IS EMPTY, ALL THE DEVILS ARE HERE. -- Shakespeare
- #472
- Dec 12, 2021 1:19am Dec 12, 2021 1:19am
- Joined Jul 2011 | Status: Gold Again | 10,698 Posts
Here's your girlie pic for the weekend: {image}
MAY THE TREND BE WITH YOU
- #473
- Dec 12, 2021 1:31am Dec 12, 2021 1:31am
- Joined Jul 2011 | Status: Gold Again | 10,698 Posts
Friday, Dec. 10. Another DIBS trade set-up appeared, but went south and got stopped out. {image}
I would be careful, weekly looks like a Key Reversal bar.
MAY THE TREND BE WITH YOU
{quote} Didn't fail to the downside; are you filtering for the trend? I would be careful, weekly looks like a Key Reversal bar.
i was experimenting with the Turtle Trader method earlier.
I added a stop-loss line from the previous DIBS entry from November 22.
That dashed blue line is still in place as support for a long Nov. 22 DIBS trade.
I'm using the daily chart and not filtering for trend; I'm merely assuming
that inflation will continue to drive the general trend higher. If this were
an hourly chart, we would apply the ID/NR4 rule, using the ID as a filter;
but given that it's not, I'm just observing the candlesticks' position relative
to the Bollinger band lines.
HELL IS EMPTY, ALL THE DEVILS ARE HERE. -- Shakespeare
Thursday, Dec. 16.
We're all familiar with the phrase, "as much as the market will bear." That is to say--
how much higher will prices go?
In this chart I've drawn two dashed blue lines on the right side to form a sort of (imagined)
consolidation zone. I'm curious to see just how much higher the price of coffee
can go before we see some retracement out of that zone.
We're all familiar with the phrase, "as much as the market will bear." That is to say--
how much higher will prices go?
In this chart I've drawn two dashed blue lines on the right side to form a sort of (imagined)
consolidation zone. I'm curious to see just how much higher the price of coffee
can go before we see some retracement out of that zone.
HELL IS EMPTY, ALL THE DEVILS ARE HERE. -- Shakespeare
