Trader & Market Student of SUPER WINNERS since 1998 | Founder @TickerMonkey | Partner w/ @TMLTrader | Co-Founder TM Data Systems | ERx Gap Course w/ @JPoco722
PSA about what happened to me on here Sunday.
For a few weeks I kept getting notifications about different IP addresses that were attempting to log into my account. X suggested turning on 2FA but I kept going. Finally on Sunday they succeeded.
How did they succeed? Did I click on something? No, I did not. Phishing scams do not work on me. What happened was my email associated with my account had been in 15 data breaches over the years. And one of the data breaches was Twitter in 2023. In that 2023 Twitter data breach they got usernames and passwords. If you haven't changed your password on X since 2023 do yourself a major favor and do that right now then turn on 2FA.
And then you can go to a site like : Have I Been Pwned
and type in your email and it will show you every data breach associated with that email and exactly what they got access to in that breach.
Forensics has revealed more about the group that got into my account and what sort of scam they were attempting to run.
Needless to say if you ever see this account suddenly flip to offering some private crypto coin to flip into another larger crypto to then go to a website for some bullshit opportunity ( in this case some agentic ai create businesses that don't need people ) ... you know that ain't me. Report it like many of you did to help slow them down.
Those of you who reported the hacked activity helped in slowing them down. Those of you like @RichardMoglen@TMLTrader@alphacharts365@amphtrading that put out posts for me tagging @Support @premium @nikitabier@X helped push the ticket along faster imho. @NickSchmidt reaching out to the right folks on my behalf I think helped a lot.
They had control of the account for half a day, but most of the time it was locked. By the time I found out and filed with X on it that took around 6-9hrs. The initial automated returns from their system are unnerving because they essentially read like "We can't do anything for you." There needs to be a better process for Premium+ folks that are ID verified. But filing a few more tickets referencing the prior ticket numbers in each new one finally got to the point where when I went to file the fifth one when I hit submit it read "can't submit as you are already in the queue." When I saw that I knew it was getting pushed for human review or whatever the next automation was. And that turned out to be a series of emails from X to submit my ID and answer some more questions.
After that X changed the email back to mine.... locking out the hacker who had changed it to their email locking me out. And then I had to log in ... create a new password ... verify the email, etc.
After doing that you have to wait 24hrs before you can flip on the 2FA. They do that just in case the hacker gets back in they don't want them turning on the 2FA to really lock you out. So last night was finally that 24hr mark and I was able to get the 2FA turned on. Didn't want to post about anything until I got that done.
And of course every change that is made there's a 24hr period before anything else can be changed. The last thing I need to do is fix my bio where they changed that.
Will find a new pic to put in when I do that next. And of course write back in my bio in proper English.
Thank you for your attention to this matter! πΊπΈπ
Yesterday's excess ATR 3 Bar Break Down moves on /NQ $QQQ and $SPY generated midpoints at :
/NQ 27,619.25
QQQ 669.50
SPY 749.34
These will need to be reclaimed in 3 days or less to show some real vitality. Otherwise you may simply consolidate around them or under them for a longer period of time. Staying under opens the door up to another break which is why you want back above sooner than later.
These are key levels of interest going forward.
And by that I mean they are resistance until forcefully proven otherwise by PRICE.
Talked to John after the close today. Always tell him how much I like these charts. He was telling me he updated it today!
We've got our standard Q4 ERx call this Sunday.
We'll get into everything in the market as well.
https://t.co/amPMiq5Px3
Days like today drive home the importance of risk management and staying in sync with Gen Mkt. The Big Leaders have been topping for months. Look at the current declines which ring of a bear market.
If you stayed at the AI punchbowl too long, you need to learn from the experience as hard as that sounds and figure out what you need to change in your process.
Its much more difficult to become as consistent winner in the market rather than just a boom and buster.
Second chart shows some names that have broken out or maybe emerging as potential new leadership....if this correction stays within 15%-18% off Highs. But nothing will work if we have already started a bear market.
Stay tuned.....and never give up!
We can help at https://t.co/KXLO2hAjk8
#stocks $qqq $spy #oldleaders #cashisking
$QQQ -213% ATR LOD and saw the 3min 21ema cross up close at 658.11. Stop at 651.67 on that. Using 10bp risk the ATR is elevated so high on the 3min at 3.22 on that crossover that the sizing is only 10.2% AUM. If you risk 100bp then you can get to 100% AUM long for that.
Elevated ATR on excess moves can compress the sizing at times. This is one of those.
1R is up at 665.55.
The 3min on /NQ saw its ATR blow out to 134pts. Still at 101pts right now. That is 5x what is normal even on a volatile day.
Defended it down at -6.5% .... -239% ATR LOD ... back at -168% ATR now... 3min 21ema crossover in place. Looking for a check back up into vwap.
That was relentless selling at any price. Can't believe how off guard the "pros" at these mutual funds and such let themselves get. Ridiculous risk management.
We need a 15min prior bar break of the HIGH
Last 15min on /NQ was a sequential 9 up arrow
27142.75 is the pivot
-239% ATR LOD and still holding above the circuit breaker.
-164% ATR LOD on /NQ ... undercut the prior day low and 240ma. Haven't seen a move past -150% ATR LOD in a long time. 3min is now attempting to put in a Sequential 13.
-164% ATR LOD on /NQ ... undercut the prior day low and 240ma. Haven't seen a move past -150% ATR LOD in a long time. 3min is now attempting to put in a Sequential 13.
At the moment it is acting like when TDOC stole LVGO on that run up in 2020. And LVGO needed to be sold the day the deal was announced. Then folks started trying to trade TDOC but it was an arb trade that was dragging on it. Wild to see TDOC as a MPEG right now progressing up off the bottom.
MRVL could be a good leap options trade down the road. I just don't think Jan 2029 is far enough, but maybe it is. Perhaps in a quarter or so they'll give a better timeline on the deal closing.
Long term LITE bolsters MRVL's business for sure.
It isn't the same as TWTR arb was a cash deal for 54.20 cash. This is LITE holders will get 4.5 shares of MRVL. MRVL share count will bump from 877mm to 1.3B shares.
I think the play becomes a market cap play on MRVL, but the closing of the deal is so far off it is unknown how these will move together. I would go with MRVL for trading purposes based on tighter spreads and liquidity. And look out as far as possible for leaps on different market cap benchmark levels.
But no, this is not a clean arb like TWTR was with 54.20 cash and a hard cutoff date for the purchase to be complete. That is why that one was so unique and probably won't see another like that.
-125% ATR LOD saw the 3min 21ema cross up when the Senate was confirmed flipped. 3min OEL on that move and launched into a Sequential 9 up with no prior bar low breaks.
Back into -36% ATR as I type. Potential to go unchanged is there in the overnight.
When that first 9 formed it did breach prior bar low and I had a sell stop that triggered by .50. I immediately had to reverse the trade back up into vwap and the next bar exploded up through vwap. /NQ
New @bp22 podcast with @thesamparr@ShaanVP
DIE WITH ZERO for those that haven't read the book, or watched prior discussions around it.
https://t.co/z3Nw6UlCZh
How that Sequential 9 on the morning drive played out on /NQ 3min. When it broke the prior bar's low that triggered the selling. Then that prior bar low became resistance dropping it all the way back down to the OR Low. It consolidated there until the 3min 21ema came down and it legged lower again and again for a trend down day. 48% ATR HOD went to -77% ATR LOD.
Am finding the best Sequential 9 moves don't break the prior bar low and then when they do it can have an equal count the other way.
$QQQ
Great example of a Sequential 9 move that never breached a prior bar low until the 9 started to develop and then rolled down to breach the prior bar low.
That's enough to create a consolidation period on this push up. /NQ example on 3min.