This is how the signals line up with my system for a short sale trade.
Mike,
Your chart didn't come out. Are you suggesting short?
#winning
What does pound signal winning mean?
OK, you were showing the signal from earlier this month.
I'm guessing #winning refers to funds pounding and pouring it on the short side.
yes charts are amazing in hindsight.....sell signal and everything
Mike,
I see now why you posted this chart based on the discussion you were having with tjc yesterday:
By tjc - June 26, 2018, 2:08 p.m.
What technique do you employ to get long/short at a perceived bottom/top?
A low/high RSI? If so, what timeframe?
Many times "your" cross of moving averages results in a move being days delayed in being implemented.
How/where/when do you 'pull the trigger"?
Re: Re: Determine the Trend Direction.
By tjc - June 26, 2018, 2:11 p.m.
Perhaps you could illustrate using dec corn? TIA
Empty
Thank you for the detail and hard work!! I know the time that it takes to make a detailed post. Much appreciated.
How would you have handled the gap down on Sunday night, June 3? Would you have been anticipating a sell, and then therefore sell a lower opening?
Some signals 'appear' to suggest one should now get or be prepared to get long. Any thoughts?
... the best sell signal I see is when Prices were making NEW Highs and the R.S.I. did not...
--- This Is A Major Bearish Divergance
P.S. the biggest sell signal really came on May 29ths session when there was a "Bearish Engulfing", 2 - day
candlestick formation on a daily chart, and TALLPINE's INO nightly summary correctly called it a "Key Reversal Day"...
also the next day when I was spreading the ashes of my 89 year old Aunt near Columbus Junction, IA ... every grain truck
was bumper to bumper heading down the only highway in SE Iowa to the Mississippi River and I called a few places that
were absolutely crushing the local basis...
actually,when the price bars trade clearly above or below the 23 & 30 day moving average sets the trade up for me.The gap down was two days after the price bars traded clearly below the moving averages,which is bearish.It gave you two days notice.
... yep Mike... that makes sense... that really was an awesome "secret", textbook move ...
--------------------------------------------------------------------------------------------------------------------------
... if Z-December can print 3-64 again shortly ... I am thinking about dabbling long again,especially since the funds are
short now...
Please don't tell me your one of them!
This is what is going to turn the market around if it continues.
http://www.cpc.ncep.noaa.gov/products/predictions/610day/
Very Hot and dry in the meat of the corn belt.