dryanhawley

dryanhawley

Way back in November last year we were at all time highs ATH and the economy as much better than it is now, after months of corrections we are going straight up in a parabolic straight line, many are jobless, many can't find a job at half the pay, inflation is insane, and we are almost creating new ATH all time highs. Short any new All Time Highs. I was the only...

dryanhawley Updated 

They don't want to Pivots to really work like they should. I'm really "hoping" they start actually using The Pivots like they were meant to work. You know what they say about "hope" Trading... But OMG last time we actually reached S3 was November 10th. We got close on Friday I will admit. Irrational Bullishness. Before that it was November 1st we saw an S3.

dryanhawley Updated 

Call it a feeling or an intuition, monday is normally an up day, but the way the market is positioned. There is a TTM Trigger firing, RSI Divergence is Bearish. Now granted the GLOBEX session could totally change this, but I also have a strong sense that the Deep Pocket Bears are out at night, and they might start the waterfall if it is such. ========== After...

dryanhawley Updated 

When I first posted about PL it was at 806, since then each time I posted about it it went up another 30 points. Prior to me pointing out what a bargain it was it had fallen 150 points from $946. One time it went up 50 point in one day, or $2500 in one day per contract. Now it has developed a life of it's own, steadily climbing towards higher levels. I...

dryanhawley

We went to R10 in the pivots before 9:30 AM, yes I think he Market is Bullish right now, but such an extremely overbought situation can only last for so long, VWAP and Pivot are calling. I haven't got confirmation on this but based on the Fib levels I think we are at R14

dryanhawley

Guys, an insight I had while napping. I think most of us want to go back to selling and a bearish market.. One sign of a bear market is when the 50 EMA goes under the 200 EMA look at this chart, price is above all the EMAs, classic bullish market... maybe we need to put our preconceived idea that selling will return like. it was and put it on hold for now. Having...

dryanhawley Updated 

Remember the last two imes we traded PL at $5 per .10 pt or $50 per point? It wnt up each time I wrote an idea about it. Now it is totally oversold, past the S6 bottom of The Pivots. I expect people to see this and buying commence on Monday.

dryanhawley

Today we got a day with a nice trending run up, then the rest of the day it traded in a 10 to 15 point range it i extremely hard to trade 10 point moves, we all wait for confirmation ( 3 points lost), then execute the trade (1 more point), then when it reverses and comes back 5 points, no profit. I took the rest of the day off when I saw this. They call this a...

dryanhawley Updated 

In his book Secrets of a Pivot Boss the author points out the importance of the various types of days. The reader should go look them up, but for this idea i want the reader to see that, even though we are in a Bear Market IMO there are trending days when the market is going up, counter trend for days and days. After 10 days of net selling where we all got used...

dryanhawley Updated 

I was introduced to the TTM squeeze back when I was daytrading in the early 2000s, so there was a TTM squeeze setup. In a 5" timeframe we were respecting the 200 EMA bouncing off it, that happend. To publish this I had to go to a 15" time frame, in that timeframe we got bullish engulfing, bullish engulfing at 7:00 AM. We were held back by the 200 EMA, bounced...

dryanhawley Updated 

One of the signs of a recession, for a Chartist is the 200 EMA under the 50 EMA. Well as you can see that has happen serval tines since July 19 th when I beegan telling everyone short all new, all time highs (see my Idea). Notice it's about to happen again. Other signs: Volatility Index (VIX): ... GDP Contraction. ... Low Industrial Output and sales. ... Growing...

dryanhawley

OK so according to our Pivots plan we well R5... When do you do when the FOMC announces, bascially nothing, we won't raise and Retail rallys the market and just keeps relentlessly climbing higher? One thing you could do is to buy protective options just in case this happens on FOMC day. If you write calls and take your profits up front you don't get killed by...

dryanhawley Updated 

last time i mentioned pl it shot from 906 to 950, 44 points X $50 per point == $2200 per share. Could this be our personal gold mine. PL like PA i very oversold IMO AND HAS DROPPED from ity's lasty rallty to S5 the extreme of The Pivots. many of my 120= ideas recently have shown how it is possible to 'win' close to 100% of the time buying at the extreme lows...

dryanhawley

PL is vastly oversold, down from 2200 to 906, an we have a month of buying see the channel? Platinum is worth more than gold. It's a real bargain IMO.

dryanhawley Updated 

This is actually an exercise in spotting the different kinds of days from Chapter 1 of Secrets of a Pivot Boss. Feel free to IM me if you disagree with any of my reads on the days. I think the idea might match a chart better where it doesn't show the globex session, so I will add another chart for SPY which only trades during cash market.

dryanhawley

Tired of all the crazy manipulation of ES and NQ? This metal is poised to skyrocket. It's currently at 911 and I could see it going to 921 tomorrow. With 1 contract you'd make $500. This NYMEX commidity has been going down for a long time, is totally oversold, and already past confirmation, going up. I wanted to trade Palladian, but it is not for the faint...

dryanhawley

When GLOBEX opened NQ shot up 60 points then rallied another 40 points.... Once again if we imply followed the plan the trade would have worked. The only time it doesn't work is when we overthink it and talk ourselves into doing the opposite. We have gone down basically 9 days in a row, I believe this is the signal to go long.

dryanhawley Updated 

Prepare to go lower, there is a lot of short term support below the S5, so I think they won't go below 4107 tomorrow... But on the other hand I have a feeling that our Trading Plan will work out, we get a much deserved bounce, release all that tension and get many hours to 1 day of up, it's hrd to say 1 day up as we have seen most days we bounce off the highs AND...