Gumby

Classical TA. 🇦🇺 Based in Australia. Reactionary not predicting. Tweets for entertainment. MAF (Investment management).

[Gumby @turninganalysis]

My basic guide to trend analysis on weekly charts. Bars 1st TF, yellow line 2nd TF, Blue line 3rd TF, that's my base. I'll pull to intraday at specific levels or on high volatility setups. Patterns are edge.

[Gumby @turninganalysis]

@Upticken @PeterLBrandt Strong chart

[Investment Wisdom @InvestingCanons]

Stanley Druckenmiller:

“Life goes in streaks. And like a hitter in baseball, sometimes a money manager is seeing the ball and sometimes they're not.”

When investors are down, they tend to get aggressive to win it back. Druckenmiller: “One of my most important jobs as a money manager was to understand whether I was hot or cold...”

“In my opinion, when you're cold, you should be trying for bunts.”

[Gumby @turninganalysis]

@TedHZhang 10Y has been basing nice. Maybe yields are the play.

[Gumby @turninganalysis]

@TheOneLanceB Agree, oil name monthly and weekly charts still holding structure.

[Gumby @turninganalysis]

@CFlanders7 @RealSimpleAriel haha

[Gumby @turninganalysis]

Not a good week to be long Silver. Headshot candle on the BO.

[Gumby @turninganalysis]

@patrick_oshag The Alpinist is worth your watch too then.

[Gumby @turninganalysis]

@Peoplewish HLIT if you’re into big bases.

[Gumby @turninganalysis]

@HegemonicTrader Oh man, glad you're ok

[Gumby @turninganalysis]

@TedHZhang What if the vol builds post breakout. For example MDA. A sign of accumulation before the BO?

[Gumby @turninganalysis]

@Peoplewish TLN nice flag break yesterday too.

[Gumby @turninganalysis]

@RealSimpleAriel Bang on mate. Some coal names look good too, overlooked sector at the moment.

[Gumby @turninganalysis]

Energy names making some nice retests.

[Gumby @turninganalysis]

USAR
- Getting pointy, nice PA with vol confirming the 1st TF trend.
- Price compressing albeit in a pretty volatile way.
- That midline would make a good R/R entry long (20.00) if it pulls back. Otherwise, a break out from the pattern is your signal.

[Ted Zhang @TedHZhang]

Kristjan Kullamagi @Qullamaggie going over Jesse Livermore's 21 Trading Rules, written in 1940.

[Gumby @turninganalysis]

@Peoplewish Add UMAC and FLT... got more if you want them.

[Gumby @turninganalysis]

PLUG
- Sleepy happy face pattern
- 2nd TF trend
- No 3Rrd TF trend (just to be clear you can still trade off 2nd TF trends only)
- So many names setting up

[Gumby @turninganalysis]

@TheShortBear The effort you put in. Good work mate