MMM

[MMM @chiredev]

@mmonis Context matters. Trend in the middle of no mans land is not very helpful for an entry. However, a trend reversal at a key level is extremely useful for an entry.

[MMM @chiredev]

@mmonis @TRENDandMS Had a standing order to buy 1 sh of MELI at $1760 as an alert (wkly TL and wkly 50 ema). Filled on 11/7 but waited for next day to see price action. when the 50 ema on 5 min TF was holding I bought full position at $1811 on 11/8. Would you have bought the full position on 11/7?

[MMM @chiredev]

@MattLuchi @ThomasCookie7 @PradeepBonde @mmonis @Nick11641484 Great work. I look forward to diving deeper into it over the weekend.

[MMM @chiredev]

@PradeepBonde Across the board, behavior of mkt participants have changed to increased urgency to enter early. This is evidenced by the 1st hr OR representing 45% of the day's range in the SP500 futures 12 yrs ago to 60% 5 yrs ago to 65-70% today on Asia, European and US opens. FEE is real.

[MMM @chiredev]

@PradeepBonde Everyone is looking for the next EP

[MMM @chiredev]

@mmonis Context matters, right? It's been trading between $50-60 for over three months. Doesn't seem so ridiculous to trade down to $52 from $61 on a downgrade. This has been the range.

[MMM @chiredev]

@AbiolaHP @TheShortBear Why compare the two? Ultimately, both are truth seekers.