LOL Maybe Shan can look over his shoulder and find out the secret. I think I remember reading on here that they sat next to each other... :D
Red, what do you think about this take on the shoulder? Here it looks like a failed breakout with the shoulder still being intact.
How about this? :) I would guess that the red channel bosses the white, so if we break and hold above the white channel, then a a run to 1500...
Wow... who hit the buy button this morning? :) Could this market have the juice to make it to 1500 this month? Or do we have the sell in May...
On Thursday the bullish scenario unfolds with price breaking out of the bigger down channel. I now draw a prospective up channel in purple, and...
Next chart. Price sold off below the channel on Tuesday. Wednesday morning indicates a gap up back inside the channel. However, I don't...
Is this a correct way to adapt to market movements? First chart shows a downtrend underway. On Monday price tries to break below the channel...
Those are good points. I agree that if there are conflicting signals then it's not high percentage and you should definitely stay out. Problem...
I never had any success using internals. I've seen tons of stuff about them on webinars and subscription-based blogs and they make it look...
Thanks for the charts. I did glance at the bigger picture but it didn't help me with the scenario I described. Let me explain... On April...
I think it may be better to stick with trading a primary trading market and not get bogged down with too much other stuff. I had noticed some...
Good points. Reciting adages is indeed easy... :D
It looks like I've answered some of my own questions... if I'm going to expand into other markets then it needs to be done gradually, not all at...
Here is a problem I have with multiple timeframe analysis... I lose sight of my main timeframe and as a result end up trying to manage an entry...
Well, I have started to add more charts to the mix. The reason for this is during my daily market reviews I had noticed that some trades that...
Well, forget the question about how many trades a day... obviously that varies greatly depending on the trader and his/her plan. I'm just...
Some questions..... When you're trading the indexes intraday, are you only watching the chart of the instrument you're trading? Or do you also...
So what do you do if price enters key support level and reverses higher, leaving a lower wick into the support zone and the bar closes green. So...
Would anyone have used either of these lines on their chart?
Thanks X, Actually I'm doing pretty well with this stuff. It's just once in a while I have a day that makes me wonder if I'm missing...
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