Well, while it's always good to see a new dabbler in price action trading, too often any failures are seen to be a mark against price action...
And since we're at the top of the range, one can try a "V" reversal here or wait for a retracement.
Exactly. If professionals can't decide where they want to go, how is the amateur supposed to know. Both a short and a long would have been stopped...
Don't forget about Snow White's stepmother.
Something I learned in an art class long ago has proven to be very useful in trading. The artist was teaching us how to see, and he did this by...
Yes. And the DT is confirmation, if one needs it. That it didn't work out has nothing to do with the protocol. This has to do with a series of...
I must admit surprise that this thread has gone on so long, and while I don't mean to disparage anyone, there is a certain "circus has come to...
Now THAT'S funny. TL complains about the same thing and chalks it up to the same causes: lack of volatility, algos, HFTs, blah, blah. But...
These aren't the droids (trades) you're looking for. Okay, this has been going on for a half hour and I have things to do. May check back later.
And back in chop again. These "rules" make me think of a protective shell
Back in chop 1036 New DL, new brk.
Brk below congestion. A gd SL in place. Short invalidated
A reminder: if one had followed the drill, he'd've been short at 25. And he'd be out now.
Or at least scale out.
Remember that it's allright to exit and re-enter
Three options: the break of the SL, the breach of the LSH, a breach of 50% at 29. The trader has to decide now.
The 0945 SL, yes. Assuming that one of you saw the entry at 30, did you get filled?
Which it just did. Sorry to be so late.
Green really doesn't have anything to do with it. When you see waves this wide in succession this rapid, just stand aside and let them work it...
It should also be noted that we have been pushing hard against the upper limit of the long-term trend channel, flirting with overbought territory....
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