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Mayne is eyeing a short setup on $ETH. "If we get a move down here on $ETH, like this, below this low ($1,969), I think you can probably short a retest with your stop above there ($2,000), and target this ($1,905) and this ($1,895)." Mayne

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RC Markets

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28,313 görüntüleme • 5 ay önce •via X (Twitter)

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Qullamaggie on Eliminate Randonmess by Focusing On Momentum, Volume, and Range “CRNC uh no, no no no. It’s definitely not a good short setup. No no no, nope nope, nope nope nope nope. It’s too random, it’s too random. It’s a thin uh, it’s a thin random stock. Nope, I don’t think it’s a good short. Like we got the good short setups guys. The good short setups have already been like, you don’t get them all the time. Like it doesn’t mean this thing can’t go down, but the good short setups we got them like earlier this week and late last week. This is not, this is just too random. It’s just a random liquid stock. You know one thing you gotta eliminate for trading is randomness. Stop trading random stocks. You need to focus on stocks that have range and volume, momentum range and volume. I don’t think CRNC is a good one. Good one I don’t think so. Yeah no problem. I’m just trying to keep people away from these random stocks where we sometimes they can look good but there’s really no edge there, they’re just too random. And then you know, a lot of people like they see a setup but just because you see a setup doesn’t mean it’s a good one. You kinda need to get the right setup in the right stocks. I guess that’s what I’m trying to say.”
1:31

Qullamaggie on Eliminate Randonmess by Focusing On Momentum, Volume, and Range “CRNC uh no, no no no. It’s definitely not a good short setup. No no no, nope nope, nope nope nope nope. It’s too random, it’s too random. It’s a thin uh, it’s a thin random stock. Nope, I don’t think it’s a good short. Like we got the good short setups guys. The good short setups have already been like, you don’t get them all the time. Like it doesn’t mean this thing can’t go down, but the good short setups we got them like earlier this week and late last week. This is not, this is just too random. It’s just a random liquid stock. You know one thing you gotta eliminate for trading is randomness. Stop trading random stocks. You need to focus on stocks that have range and volume, momentum range and volume. I don’t think CRNC is a good one. Good one I don’t think so. Yeah no problem. I’m just trying to keep people away from these random stocks where we sometimes they can look good but there’s really no edge there, they’re just too random. And then you know, a lot of people like they see a setup but just because you see a setup doesn’t mean it’s a good one. You kinda need to get the right setup in the right stocks. I guess that’s what I’m trying to say.”

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Mayne thinks $SPX could potentially be in for another leg up. "Best case scenario for crypto is this is a low, and we have one more high in us, or we maybe push down one more time, then we have one more high in us." Mayne

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Qullamaggie Shows a 7 Star Setup on a 5 Star Scale “And PRTS, this one we looked at on stream the day it broke out. Someone mentioned it several days before. This is like a 7-star setup on a 5-star scale. This is like a big, big move, goes sideways, builds a tight range, and look at how tight it gets. Look at this thing, it breaks out and boom. This is like a seven star setup on a five star scale. Memorize this. This is the basic principle we're trying to, like stocks move like stairs, right? You get a leg higher, sideways, leg higher, sideways. You get another step higher, sideways, step higher, sideways. So we are trying to identify the areas when the next step higher could be formed. You know, tight areas, we're looking for tight areas so we can get a tight stop, so we can get a good risk reward. This is how stocks move, like, not like this one is kind of a perfect one, most are not perfect, but this is the basic principle. This is how stocks have moved for 100 years, and there's no reason they shouldn't stop moving like this, just because you're getting started.”
1:21

Qullamaggie Shows a 7 Star Setup on a 5 Star Scale “And PRTS, this one we looked at on stream the day it broke out. Someone mentioned it several days before. This is like a 7-star setup on a 5-star scale. This is like a big, big move, goes sideways, builds a tight range, and look at how tight it gets. Look at this thing, it breaks out and boom. This is like a seven star setup on a five star scale. Memorize this. This is the basic principle we're trying to, like stocks move like stairs, right? You get a leg higher, sideways, leg higher, sideways. You get another step higher, sideways, step higher, sideways. So we are trying to identify the areas when the next step higher could be formed. You know, tight areas, we're looking for tight areas so we can get a tight stop, so we can get a good risk reward. This is how stocks move, like, not like this one is kind of a perfect one, most are not perfect, but this is the basic principle. This is how stocks have moved for 100 years, and there's no reason they shouldn't stop moving like this, just because you're getting started.”

Lone

21,292 görüntüleme • 11 ay önce