The action leading into the fed was close to lockstep with the primary hypothesis. Once the information hits the wires conditions are likely to change. This might sound a bit loopy but, I am looking for the third reaction to provide some direction. That is, the reaction to the reaction’s reaction.
Try to keep up.
Talking book, I bought some more time in GOGO because that daily chart is just how I like it, and I joined the NMBL trade.
No one knows quite how much noise The Fed wants to make today, so keep an eye on your risk.
Godspeed mates!
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initial reaction: Sell
reaction to initial reaction: responsive buy
reaction’s reaction: initiative buying, buyers running with it, caution on too much chase though, we go neutral on a new HOD
sell, mortimar!
Why is the price going down?
enter Aunt Janet
what books do you recommend for studying market profile?
Mind over Markets & Markets in Profile
Neutral. Awesome. Followed the playbook on betting on this second wave. Curious, what’s your overall score now? Up by today’s movement?
score is 3.2 neutral/barely medium bull
Raul, GOGO calls? What month and strike?
Septs and Octs, 18’s and 19’s