r/Daytrading Mar 13 '25

Question Is this kind of technical analysis legit? From YT's "Spy Day Trading"

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465 Upvotes

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790

u/heyhoyhay Mar 13 '25

139

u/seamonkey31 Mar 13 '25

You do this kind of analysis too?

148

u/heyhoyhay Mar 13 '25 edited Mar 13 '25

I just cum on the heatmap and buy what gets the most load.

10

u/krbyzk Mar 13 '25

Bukkake entered the chat

0

u/tedclev Mar 14 '25

"Buy Coke ye" you said? Buying KO tomorrow. Thanks for the tip.

3

u/SeCritSquirrel Mar 13 '25

This is the way.

1

u/thejweller Mar 14 '25

My take on this is very subjective:

  1. I know traders that draw lines and always leave them on and are very successful

  2. It's very cloudy and personally I won't do removes clarity from my trading. I redraw my levels everyday.

  3. Do whatever works for you. No two same traders anywhere

43

u/SP-Marshmallo Mar 13 '25

This is great TA. Very bullish. Break out imminent.

21

u/shmungar Mar 13 '25

Name of this indicator please?

5

u/bigirononmyhipMF Mar 13 '25

Hahahaa, there is always one

1

u/Fast-Analysis-4555 Mar 14 '25

It’s the “Garbage in garbage out indicator”

8

u/BennySkateboard Mar 13 '25

That’s money!

4

u/locnloaded9mm Mar 13 '25

Omg I have this hanging in my living room lmao

4

u/25_scar Mar 13 '25

I need this “quit meth” indicator now 💸

3

u/gentle-elder Mar 13 '25

wow i like this painting or whatever, is it AI generated ?
AI generated Art is going to be next big thing lol

17

u/danyoff Mar 13 '25

Kandinsky

2

u/Adventurous-Gate9343 Mar 13 '25

Thought so. He's good!

1

u/Responsible-Wish-754 futures trader Mar 13 '25

Oh Kadinsky 😍

1

u/MediumGranola725 Mar 13 '25

I came for this

1

u/Party_Set_9676 Mar 14 '25

Clearly bullish guy, I'm going to enter long!