MikeL 12:12 pm on Monday, June 25, 2018

@fibwizard Looks like your indicators…

@fibwizard

Looks like your indicators for SPX predicted this down move.
I wish they would be wrong, but it is what it is… 🙂

fibwizard 12:53 pm on Monday, June 25, 2018

5 for 5 since Jan 29th…This time it made me a nice 6K profit..Not nearly as good as the Jan/Feb reversals…but not bad for a summer pullback…now I dont have to trade again till July…
- MamaCash 1:08 pm on Monday, June 25, 2018
  
  When fibwizard talks, Mama Cash is going to listen.:-) Congrats on a great call, @fibwizard!
  - fibwizard 1:19 pm on Monday, June 25, 2018
    
    Thanks MC..I dont trade that much or post much…I do more in the Futures side of stuff than Options..I usually only trade 3 or 4 SPX Credit spreads a month, for a reasonable income strategy…outside of that, I hang out with a group of Technical Chart people in the CMT group forums…T/A and Charts are teh only thing I seem to be good at, apparently…
    - MamaCash 1:22 pm on Monday, June 25, 2018
      
      Well, if I had to choose one thing to be good at, it would be TA and charts. My sweet spot has always been options. I’ve traded futures a few times with mixed success but the additional risk affects my decision making or so it seems. lol.
      - fibwizard 1:27 pm on Monday, June 25, 2018
        
        Futures is more about knowing the market your trading and having a real good price action knowledge with fast recognition and reflex times…I used the ES for many years with Pivots to time my SPX entry’s and exits…so I know the ES behaviour very well…the Price action and charting expertise lent itself to Daytrades quite well…I am by no means great yet…but I am getting there, slowly…