Comments on: Early-session Technical Analysis 8-30-22

By: Imadaytr8r

Imadaytr8r — Tue, 30 Aug 2022 18:19:17 +0000

In reply to Pbathula. Double same

By: Heinz

Heinz — Tue, 30 Aug 2022 17:32:38 +0000

Thanks for the update. If you closed your shorts on the NQ’s and reversed long, does that mean you closed the ETH trade even though it did not hit your ideal target and considering going long?

By: Mikeflegel

Mikeflegel — Tue, 30 Aug 2022 16:29:37 +0000

In reply to Pbathula. Same

By: Pbathula

Pbathula — Tue, 30 Aug 2022 16:27:31 +0000

burned …trying to play bounce

By: dayoub

dayoub — Tue, 30 Aug 2022 16:10:25 +0000

Randy., it would be useful for us (me) to articulate the big picture trade here. Some of us (me) don’t want to risk counter trend bounce trades for a few hours in order not to chase a larger move down….. for us (me) swing traders who have shorts, who are looking for the major bottom to close. what is your grand scheme view….. As for me…. (me) I am not interested in flipping so much, i (me) want the big move captured, not the counters….i think some folks (me) might get confused about your targets– do the mean day trade opps or get the heck out of dodge opps and stay out targets
/…. thanks (me)

By: LanLord

LanLord — Tue, 30 Aug 2022 16:10:14 +0000

Your support ranges, are these targets for long term buying zones for college/401k type longs or do you recommend still staying on the sidelines?

By: Imadaytr8r

Imadaytr8r — Tue, 30 Aug 2022 15:36:45 +0000

Randy, did you close your tradable TQQQ long trade that was supposed to bounce at 308 or was that bounce target moved to 296? And if the flag does play out will the bounce target be moved to 289? Just trying to follow the red bouncing ball :-(

By: Mikeflegel

Mikeflegel — Tue, 30 Aug 2022 15:21:20 +0000

Thanks Randy for these much needed updates on updates on days like this.

By: The Elite Trader

The Elite Trader — Tue, 30 Aug 2022 15:16:42 +0000

Thanks for making a short video!