Comments on: Swing Trade Ideas 9-9-21

By: rsotc

rsotc — Tue, 14 Sep 2021 17:04:10 +0000

In reply to TJS. One thing that I noted is your chart is using 2-hour (120-min) candles. If not mistaken, I believe I was using the 60-min chart of /ZW in my video. Either way, here's my updated 60-min chart of /ZW wheat futures.

By: TJS

TJS — Fri, 10 Sep 2021 16:55:50 +0000

In reply to michaelbt2. Yeah, its the same time frame, and I flipped the log scaling on and off. Didnt have much affect on the chart either way. Just an anomaly I noticed last night.

By: becky

becky — Fri, 10 Sep 2021 15:12:38 +0000

In reply to TJS. nevermind

By: michaelbt2

michaelbt2 — Fri, 10 Sep 2021 13:00:11 +0000

In reply to TJS. Make sure you're set on log scaling as well.

By: Imadaytr8r

Imadaytr8r — Fri, 10 Sep 2021 10:44:46 +0000

In reply to TJS. Are you using the same timeframe? Sometimes Randy goes back 25 years!

By: TJS

TJS — Fri, 10 Sep 2021 06:18:30 +0000

These charting platforms are so goofy. I paused the video at 27:14, to mark up my chart on Thinkorswim. My wheat futures ZW chart doesn’t look like Randy’s. The candles follow the same zig zaggy patterns, but the 692.14 level that Randy shows as holding fairly good support, on my chart, the bottoms are not on one nice horizontal line. Instead, they sort of make higher lows as they march to the right. Additionally, my chart does not show positive divergence on the RSI nor on the MacD (PPI). It makes it very difficult to learn and applies these methodologies. Its just interesting that it varies.

By: nitins1921

nitins1921 — Thu, 09 Sep 2021 22:16:59 +0000

“Boston Fed President Eric Rosengren and Dallas Fed President Rob Kaplan announced they will sell their individual stock holdings to avoid the appearance of a conflict of interest.”

Now the phrase “Don’t Fight The Fed” makes more sense to me.

And now we must be ready to taper.