"Timing Is Everything. Really I Swear It Is"
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DislikedIf your charting is not random then I must point out that you've missed out on the descending utl from the 5th of Nov @1.63. And price is below the monthly pvp @5926. In all honesty price is pointing for a big drop.
Magix tried to warn you of this that's all.Ignored
DislikedGood day to you,
Good to see you
Yip - got out of the way... Hope you are doing well. Got a good entry on your shortie. Now don't ride this one too long, you hear?
RegardsIgnored
DislikedWell, never got stopped out on my trade, 5m 200 seems to have kept out the buyers and we never moved above daily roll.
Given the current momo and thrust downwards, the 1m target chart says we might just see 1.5820...Now, wouldn't that make for a nice trade....Ignored
Dislikedwhat's so wrong with a SL below TL and a entry on re-test?
I'm not blind but at least a break for bear confirmation...
Don't worry +75% of my trades are on the right sideIgnored
Dislikedhi zero, thanks thought you'd missed that utl.
no actually I meAnt the monthly pivot.
but in response to the major bullish ltl you have, you might want to plot it again.
Switch to the weekly, plot the ltl from the 6th of June 2010 low @4341 to the 5th of Sept swing low @5291. The major ltl is currently failing, yesterday's rise towards 6077 stopped dead on the underside & failed the test. The drop had been a textbook breakout, retest & continuation.Ignored
DislikedBut okay, you're not blind & +75% right. Guess this is just one of those days.
Good luck.Ignored
DislikedMany people had this line plotted it wasn't just me. 2 more examples. James Chen had it also like this [here] although he did mention the uptrend being in jeopardy. @ innerfx.com the same config was noted. so... one of those days.. no.. one of those trades.. sureIgnored
Dislikedwell guess what? I decided to set another long w/ SL @ 16/11 daily low
make the jokes you want... i don't careIgnored
DislikedAnyone else see support line on 1hr and 4 hr charts at around 15850? Thinking of going long with SL around 15840 - maybe a risky play but only 20nto 25 pip downside currently.
Woulod apprecaite commentsIgnored
DislikedMagix loves trendlines lol
This is a prime example of why i question them as you can move them to suit your bias....they have there uses thoughIgnored
DislikedThere are rules as how to plot them & recognising a failed setup.
There is no moving one to suit your personal bias, if there is, then it's not properly done. Unfortunately, far too many people don't take the time to learn the ropes, that's why you find people just drawing meaningless tl.
How have you been? All good i hopeIgnored
DislikedThere are rules as how to plot them & recognising a failed setup.
There is no moving one to suit your personal bias, if there is, then it's not properly done. Unfortunately, far too many people don't take the time to learn the ropes, that's why you find people just drawing meaningless tl.
How have you been? All good i hopeIgnored