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Michael Lamothe
@MichaelGLamothe 5 years, 3 months ago 694 views

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Multi-timeframe analysis was a GAME CHANGER for me.

No matter the trade, check at least 2 timeframes above, and 2 time frames below the one you're executing on. You'll see the bigger picture and how things are starting to change.

#tradingstrategy

More from Michael Lamothe

Michael Lamothe
@MichaelGLamothe

I always like to give myself multiple ways to exit a trade. One of them is the "back stop".

When price drifts sideways for a period of time, it builds a floor.

When it resumes its uptrend, if it does pullback, it shouldn't break the floor and if it does, I'm out.

Michael Lamothe
@MichaelGLamothe

The Descending Triangle is a good short in the right environment.

Look for the market to be moving sideways or trending down.

When the descending triangle forms, it’s often holding a lot of ‘buy and hopers’. When it breaks down, its often a great spot to short.

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Michael Lamothe
@MichaelGLamothe

2 favorite books to LEARN SHORTING:
"How to make money selling stocks short" by William O'Neil and Gil Morales

"Secrets to profiting in bull and bear markets" by Stan Weinstein (a chapter or two about shorting in there toward the end)

Michael Lamothe
@MichaelGLamothe

Just reviewed “pullback buys” with members.

The key to pullback buys is NOT “BUY THE DIP.”

It’s knowing when to buy the bounce after the dip.

Michael Lamothe
@MichaelGLamothe

Selling into strength is a great habit to cultivate!

Learn to lock down gains and repeat the process.

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Michael Lamothe
@MichaelGLamothe

Heavy volume... Little price progress = INSTITUTIONAL SELLING

When the big plays start unloading, so should we.

Trading is like dancing w/ an 800lb guerilla!🦍 LET IT DO THE LEADING!

Michael Lamothe
@MichaelGLamothe

The FLAT BASE wears out the weak hands.

It is at least 5 weeks long and about 15% deep.

Look for volume to dry up near the lows too. It's a sign that selling pressure has stopped.

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Michael Lamothe
@MichaelGLamothe

This is how an ASCENDING TRIANGLE wears out sellers.

Michael Lamothe
@MichaelGLamothe

2 favorite books to LEARN SHORTING:
"How to make money selling stocks short" by William O'Neil and Gil Morales

"Secrets to profiting in bull and bear markets" by Stan Weinstein (a chapter or two about shorting in there toward the end)

Michael Lamothe
@MichaelGLamothe

The Descending Triangle is a good short in the right environment.

Look for the market to be moving sideways or trending down.

When the descending triangle forms, it’s often holding a lot of ‘buy and hopers’. When it breaks down, its often a great spot to short.

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f1talks.pl
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According to @RadioZET_NEWS PKN Orlen (major Polish oil refiner and petrol retailer) is considering entering F1 as a fuel sponsor (supplier) and personal sponsor of Robert Kubica. #F1

Yesterday Kubica was at Orlen's headquarters and met with Polish Prime Minister. #F1

Khatvaanga
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Sri Gurubhyo Namah.
Some tweets on Adi Shankaracharya and in particular the Guru Parampara of @sringerimath. [I had done this series earlier 5 years ago on account of Shishya Sweekaram].

Adi Shankara established the Sringeri Peetham as the 1st of 4 amnaaya peetams.

The four being
1. Sarada Peetam at Sringeri.
2. Govardhana Peetam at Puri
3. Kalika at Dwaraka
4. Jyothir at Badarikashramam.

He installed his 4 most prominent shishyas as heads of the peetams.

Sureshwaracharya was assigned to Sringeri as its head.

Sringeri is a corruption of Rshyashrunga giri.

Rshyashrunga maharshi [and his father Sri Vibandhaka Maharshi] did their tapas at this place.

It is at Sringeri that Shankara spent 12 of His precious 32 years!!

That gives you and idea how much He loved this place.

Rshyashruga maharshi had a horn on his forehead, a result of being born to a deer. His mere presence was enough to shower rains!!

Rshyashrunga was one who led Putrakamesthi Yaagam of Dasaratha Maharaj and which resulted in Sri Rama's birth!!

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DTBhat
@dtbhat

The thread explains my momentum scanner and how to build it in #TradePoint software.
@Definedge
Conditions :
1)EMA 8 above EMA 34 and rising
2)Candle close above previous 5 candle high
3) RSI above 60
4) Volume above previous 5 candles
5) ADX above 30
1/n

Select Double Moving Average 8 and 34
2/n

Under Patterns select Close Above Prev Bars
3/n

Qualify the candle close
4/n

RSI above 60
5/n

Sahil
@sahilypatel

A list of cool websites you might now know about

A thread 🧵

1) Learn Anything - Search tools for knowledge discovery that helps you understand any topic through the most efficient

2) Grad Speeches - Discover the best commencement speeches.

This website is made by me

3) What does the Internet Think - Find out what the internet thinks about anything

4) https://t.co/vuhT6jVItx - Send notes that will self-destruct after being read.

Aditya Todmal
@AdityaTodmal

A Thread on the Boss himself @Mitesh_Engr

Mitesh Sir's Positional Option Selling 101:

• How to find direction
• Which options to sell
• How to deploy capital
• Exit criteria
• What ROI he targets weekly
• What % risk he takes

Done with the help of @niki_poojary

How @Mitesh_Engr Sir finds the direction?

• Daily charts S/R
• 75 min charts S/R
• Intraday trend
• Always play directional
• Never trades in strategies

Which options to sell in weekly expiry according to @Mitesh_Engr?

• Weekly candle High/Low
• Sell 1% away options from those
• Exit when levels breached

Position Sizing by @Mitesh_Engr Sir.

How to deploy your capital?

• First sell 20%
• Pyramid the next day
• When to exit
• What to do when view goes wrong
• What to do with idle capital

Some important tweets of @Mitesh_Engr Sir

• What Data to look at
• ROI for safe players per month
• Max risk per day
• Gather knowledge and play directional
• Never play strategies