Well I just made my week. Making ends meet has been tough with volatility completely absent so I was really looking forward to the action this FOMC rate decision would bring.
We had a well-defined profile established heading into the event and when the first reaction took us right to the value area low I was there to fade. What a solid level—it hardly took any heat but hey, market profile is just another passing fad. That orange TPO is how babies are made:
Trading my levels is the one thing I do well. The other is 3rd reaction analysis, which yielded the buy. That shelved RCS entirely and allowed me to press some longs for more than just a scalp.
And now I can be the lazy man I was destined to be. I will be watching GoPro earnings after the bell whilst eating a bathtub full of cheesed doodles.
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What does puke mixed with Cheetos look like? GPRO’s editing software is to blame.
It’s just a piece of the GARP you salty goon
Hi Raul, I posted this question on your prior post but is $TWTR something you’re holding in an IRA/retirement account or regular brokerage account? I’m very interested in learning/hearing about how people view $TWTR. Thanks in advance for the response and insight.
In my brokerage but I’m not selling. ATH or bust
Great analysis again today. Damn thing practally did exactly what you predicted. That’s badass! What volume profile plugin/indicator is that you are using for ninjatrader?
I think I figured it out. Is it TPO and Volume Profile Chart by fin-alg.com?
you got it…such a great add on.