That goes to trade management... I'm going to be busy for an hour or so, will respond later
My first reaction to the above is yes... certainly that is a valid way working, and successful traders use it. but I'm doing something that uses...
Here is the above without the red lines... the down channel after 6/8 is certainly iffy. The below is just one possibility [ATTACH]
So you are saying the red channel lines in the below are the obvious but wrong? I'm not sure where one would put the top channel line. And I...
If you mean looking at the past.. In one way we stand on their shoulders, In another... the world, the technology, everything is so different.
There were different kinds of charts in those days. The most interesting were ones where they literally put a dot at the price and time on the...
Reminds me... I don't remember which, but in one of the trading books written before the 1950's... The guy interviewed several of the successful...
I once stayed in a friends guest house that had not been used in a long time. Apparently things can grow in hot water tanks if they are not set...
end of day. Went across an extra profile on the up side! [ATTACH]
nice scalp
The mid-line of the gold channel might go with a melt up... just a thought... [ATTACH]
There are far more detailed ways of getting a sense of the market. Coming up with specific levels, whatever. Getting our 'intuition' going -- or...
Thanks, ...no I had not seen that. Was easy to replicate what he did with similar results. Reminds me of the poem ... 'Twas battered and scarred,...
My mentor often says that "lines are not arbitrary". Seeing them, and working with them, is a skill though. IMO it is one of those things that...
It is not the holy grail... For me it is just a perspective thing that helps see market structure in a different way. I have known traders who...
Thanks, I would never have guessed that!
I don't have answers... we are living in unusual times socially, technically, financially... Aren't you the guy who came within a tick or two of a...
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Here is what a series of TPO's look like, for those interested: [ATTACH]
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