greg merrill

Musician

[greg merrill @gfmbass]

@timothysykes This happen to me. The giveaway was there would be no way Tim would have so much time to converse with just me with how many people he deals with everyday.

[greg merrill @gfmbass]

@WallstreetFelon @TheOneLanceB Also TOS doesn’t have less than 1 min so it’s impossible for me to see what he sees.

[greg merrill @gfmbass]

@WallstreetFelon @TheOneLanceB That Micro strategy has to be implemented within seconds. You can’t follow someone on that. 15 seconds later the trade can be over. I use that strategy and it often works but you have to be mega quick, me using TOS is difficult.

[greg merrill @gfmbass]

@TheOneLanceB Lance as you have said many times stocks are much more easy to trade than FX or Futures so if they have access to those they should have access to stocks, giving then an ounce of a chance.

[greg merrill @gfmbass]

@timothysykes Tim will you buy a stock on the 1st 5 minutes of the US Open? It’s really tough to do but that’s seems to be when you can get some really good set ups. I had 4 setups today that tagged my levels. 3 worked for 10% & 1 failed. I picked the failure.

[greg merrill @gfmbass]

@TheOneLanceB Here is good example of using fibs only when they match up with a qualified level. Today the 38 tags yesterday's inside day low on the S&P Futures. There is also a trend line confluence at the same spot. Much better than just trading a fib in now man's land.

[greg merrill @gfmbass]

@TheOneLanceB @Qullamaggie @lx21 @TheShortBear Yeah been doing it for 15 years religiously. Now I need to trade the plan. You know I don't like to gamble. If I didn't see the same set ups working over and over I would never be interested in trading.

[greg merrill @gfmbass]

@RealSimpleAriel Such a sell the news event on that dollar. I believe the top was when the fed finally started to raise rates. The exact opposite of what you would think.

[greg merrill @gfmbass]

@timothysykes @StocksToTrade Oh you wouldn't believe it. I got this on the VWAP tag at 2.90 and got squeamish and got out only to watch it sky rocket to 9. Oh this isn't the 1st time I was such an idiot. Remember OCTO?

[greg merrill @gfmbass]

@timothysykes I get idiot award and this is not the 1st time. Had the perfect short but I pressed buy and 10 times more shares than I wanted. Darn if I had pressed sell like I wanted. Love the red hammer inside mother candle at top of range. Slide down the pole!

[greg merrill @gfmbass]

@timothysykes @StocksToTrade Since I pointed out that 3.53 I thought I had to take it even with a crappy 1 min green star trigger. That quickly got engulfed a few min later and I got out on the close of that bear (good thing) for a 8% loss. Level only held for 4 min :(

[greg merrill @gfmbass]

@timothysykes @StocksToTrade MRM historical levels are:
3.53
5.3
8.48
Stopped at 5 and then continued to 8, just shy playing chicken with it post market. The 3.53 will be a good place to look for a bounce (Reverse Polarity play). Where does the Bear/Bull want their money back is the game

[greg merrill @gfmbass]

@timothysykes Tim the tragedy is that stocks are so much easier than forex. They give people full access to FX but no access to stocks. These people are stuck with crap to trade and have been getting waisted for years, most of them quitting.

[greg merrill @gfmbass]

If you took the 1 min close below the Asia low that would have been painful, the 15 min close working much better. But for the inside day break you would have needed to take the 1 min close on todays S&P futures.

[greg merrill @gfmbass]

@timothysykes I got 10% but it's though knowing I could of gotten 1000%

[greg merrill @gfmbass]

@TheOneLanceB If you look at the US dollar we had 3 inside weeks. Within that you really only had 4 to 5 good setups. That's all you need to know. Everytime I look at the dollar I'm like man I would hate to be stuck with that. The day trading rule is so wrong and cruel.

[greg merrill @gfmbass]

Here is @timbohentrades RCT Pattern in play today. I saw his video last week and on today's audit I found a great example. It wasn't premarket but it was the 2nd wave of the pump. This play captured more than 50% with no draw down. A very stress free trade.

[greg merrill @gfmbass]

Lance's Right Side of the V. A perfectly good daily high level gets railroaded but then works on the back side. The market showed its hand with that bear down with huge volume on the right side. Then a pull back to 9EMA where you sell blind on the tag.

[greg merrill @gfmbass]

@TheOneLanceB After 15 years with FX/Futures I can strongly agree that stocks are much better with far more opportunities. If I had to pick between the FX and Futures though I would way much prefer futures and only do A+ swing setups with fX.