Happy Friday
ARP here
I wanted to take a minute to speak about how I would like to assist you with finding your “trader profile” as I would call it.
There are many platforms and clearing options that are available at a discount rate. Sometimes however, the more you trade the more you can get chopped up due to the volatile nature of the markets.
It is my belief that a person should look for the patterns that may exist. The are many Algo trading firms participating in the markets. The Olive Line is my proprietary design to attempt to help you catch markets at extremes. My perception is taking on the markets at the olive line levels to take the opportunities the market may be presenting. As you are aware there is always risk so we trade with stops. This is one of my discipline rules. I suggest stops as a money management tool.
OLIVE OPPORTUNITIES TODAY
DOW
I believe the dow may be putting in a high.
I suggest buying puts, or sell futures
ol sell 26170
stop 26225 if we are wrong, or we can adjust due to account size and risk tolerance
The Olive Line displayed diamond patterns AUG 28-29, This represents a selling opportunity
I am looking for a fast correction potentially. If we are wrong we have a recommended stop level picked.
This remains a constant,use stops.
Give me a call to discuss Olive Line Opportunities
ARP Alan Palmer
Specializing in providing timely technical advice to the AG business community. Contact me for a free outlook in your specific product.
Alan R. Palmer
Sr. Strategist
Direct: 1 312 957 8248
https://portal.straitsfinancial.com/user/register.aspx?brokerid=268
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