DojiTrader

TA(MktProfile/Auction, Price action etc) & FA. Interested in Macro economics. Here to share ideas & learn from others.

[DojiTrader @doji_trader]

@DoubleWideCap Such a cute photo. Enjoy the time with your grandson.

[DojiTrader @doji_trader]

@BoxLongs Need to stare at it more but very nice table. Nvda vs avgo is a good story to track.

[DojiTrader @doji_trader]

@DoubleWideCap Very interesting chart for sure.

[DojiTrader @doji_trader]

@DoubleWideCap Good gif choice.

[DojiTrader @doji_trader]

@TraderMentality Nature has completed the healing process and fintwit world is better with you here. Welcome back TM.

[DojiTrader @doji_trader]

💯. Strat is Rad. Impressive work as always by team CTL.

[CtheLightTrading @canuck2usa]

when they were cryin' we we were buyin'

[Web Begole | CMT, CFTe @web_begole]

"Is the point of control (POC) the most important price level?"

**No!**

It is the least important price level -- it is the price where buyers and sellers were both happy -- it means both sides can equally close positions there... there's no alpha at the POC.

Say I want to sell a laptop on ebay -- I'll look at all the closed auctions over the past 1yr/6mo/1mo and find the range of sales from low to high and get a sense that most sales happened somewhere in between.

If the most recent sales have been within that range, then I know that I want to sell it at the high end of that range if I can (!)

Of course the guy on the other side wanting to buy the laptop is hoping that he can get it at the bottom end of that range if he can.

A share of stock is the same -- if we're inside of the market's value area, then we know what's a good buying price and what's a good selling price.

If we're above that range then we're in a buyer's market as we establish a new "value"
And if we're below the range, then we're in a seller's market.

[DojiTrader @doji_trader]

@web_begole Nice graphic. Good info.

[The Transcript @TheTranscript_]

$BAC with a chart on who makes the humanoid robot:

[DojiTrader @doji_trader]

@DoubleWideCap @GuyDealership I thought some counties would still continue the inspection requirement

[DojiTrader @doji_trader]

@Beth_Kindig To be fair to everyone, no one really knows what they are really upto these days. Wide range of news and varied bias levels.

[DojiTrader @doji_trader]

@ZigsOnTheBid "Putting AI in IPA" i think that was Dell's ad.

[Bob Loukas 🗽 @BobLoukas]

You’re investing actions today will have significant impact on you decades later.

There is a tendency to ignore or discount this impact, choosing to seek the perceived quick path to success.

However, the reality is few survive on that path.

Weekend rambling 🧵

[DojiTrader @doji_trader]

@web_begole 😲

[DojiTrader @doji_trader]

@BobLoukas Cc: @levelsio might know...

[DojiTrader @doji_trader]

@web_begole Only logical reasoning that makes sense. Everyone is buying or selling based on information (lack of it sometimes), and you aggregate all of it over many windowing period you find the acceptance and rejection levels.

[DojiTrader @doji_trader]

@DoubleWideCap First stock split ever for avgo if I'm right. It does get complicated on employee rsu comp allocation at these #s, they have to split... Good timing

[DojiTrader @doji_trader]

@web_begole @MarketWebs +1. These days I work backwards. Most of the times my webs starts with qtr, month, week and ends with daily. I don't even recall looking at 4h or 1h charts in the last couple of years. Webs is the GPS, more waze than gmaps... You want to where the vpoc is hiding

[DojiTrader @doji_trader]

@web_begole @CMTAssociation Congratulations.

[DojiTrader @doji_trader]

@MarketWebs Still thinks it wants the VPOC at Weekly chart around 135ish, thought behind the 140 number. We will see.

[DojiTrader @doji_trader]

@MarketWebs Said this on my friend's group on March 25th(was 190s then) "Entered a wishlist buy order gtc at $140 so that I don't forget but might start looking for partial at 160 if it gets there."...

Turned at 159 (to be seen whether it was the bottom).