Read your statement.
Where did you go wrong, analysis, or psychology?
More importantly, what are you going to do about it?
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Questions About Auslanco's Trades 72 replies
DislikedI feel this is a news breakout to the down side. I got some long trades for the retracemnt. I want to check whether the 30min will cross upwards after the retracement. If that happens, I will stay out of the market. If 30 min is still bearish, I will go short from the 1hr 5 SMA.Ignored
DislikedHere is the updated version of the indicator with adjustable settings.
definitions on some settings
LTF = Lower Time Frames (applies to 1m, 5m, 15m)
HTF = Higher Time Frames (applies to the rest)Ignored
DislikedRetracement on due... Some people see it as a bounce from a double top formation. Me myself see it as it failed breaking the strong resistance...
To see it on 4H TF chart, the breakout is on due...What do you think? Wait and see...Ignored
Dislikednotice former support acting as resistance right at the five day highlighted in blue on the four hour chartIgnored
DislikedRetracement up to now has reached the 30min 5sma, still bearish...Ignored
DislikedBut the support line for pattern confirmation lies far below @ 227.40. Before that level is broken, it is not confirmed plus the volume pattern is not very supportive since the second top volume is higher than the first and it is usually the oppositeIgnored
DislikedRetracement up to now has tried to reach the 30min 5sma, still bearish...Ignored