And the 1min: [img] The horizontal lines are not the finest when zooming in from the 5H to 1min. Nonetheless, they serve their purpose to...
Here's the 5 min: [img] Gringo
Here's a view from a 5H chart. [img] Gringo
Very nice work both. Db for saying something intelligent and Niko for having the sense to record it in an orderly fashion. The chart...
Db has low tolerance for mediocrity. If you stay with only 20 point gains for too long, you might be demoted.
Today's 0930 to 10:00 down move from open looks so simple after the fact. Even though in real time it was quite a roller coaster experience....
Close to 1100. Db, the birds are waiting.
After such a violent failure and drop, price is having trouble going down after DL break and Ret around 17. Strange.
That makes sense. Lines in the head. :)
. The lower 50% was to keep track of the last swing down, from around 127 to 122. This 50% thing is a bit newer as I was using LSL etc to keep...
GLD price has breached the SL. The 50% area was briefly breached but price couldn't stay above. The previous swing low is around 126 and is also...
QQQ had price open at 82 but it didn't drop below it. Even if it had dropped for a few minutes that wouldn't have made much difference. Our...
It was one trade day for those who give price some room to breathe. If one has a plan to exit right after the break of DL/SL then of course it's...
JNK went below 40.4 three days ago, as was mentioned earlier. Those who were alert and interested might have taken advantage of this. [img]...
Tomorek, Price is having serious problems rising. After this steep drop it's finding it difficult so far to even show enough strength to get...
GLD could be shown to be moving within this trend channel. It's another way of looking at a slightly bigger picture and so far the downward...
Q's have retraced and price is stalling in the vicinity of 82.5 that was previously a support. Now it's acting potentially as resistance. We...
GLD price is continuing down to new lows. We can draw another tighter supply line (SL - dotted) to trace this new steeper movement of price. So...
Niko, One thing is way better, and that is your execution. You're not second guessing yourself even though some entries may not be perfect....
Loss: 2 ticks Profit: 10 points = 40 ticks. P:L ratio 20:1? I am not sure about my math but perhaps someone else can correct me. Gringo
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