DislikedEU:
If the market give this a full retrace to fill the gap, we'll just smile and say, "The doc sewed it back on."Ignored
Vice versa for Bull mkt..
Patience is the key..
Sonic
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DislikedEU:
If the market give this a full retrace to fill the gap, we'll just smile and say, "The doc sewed it back on."Ignored
DislikedTo make money is Bear mkt, one has to wait for retracemnt to enter short position...Vice versa for Bull mkt...Patience is the key...SonicIgnored
DislikedEU:
If the market give this a full retrace to fill the gap, we'll just smile and say, "The doc sewed it back on."Ignored
DislikedTo make money is Bear mkt, on has to wait for retracemnt to enter short position..Ignored
DislikedHeh....In any case, you will often get burnt if you get caught entering late and chasing prices for sure. Shorting a bounce as you say in the bear is much safer if you missed the early...Ignored
DislikedBottom line is, we trade the charts. Probably would be best if we never even read the "news", and just concentrated sensibly on the charts.Ignored
Disliked
This is usually a lesson learnt the hard way for most, which can also be combined with expecting logical market movements as you say. 2009 was a good example, if you absorbed all the bearish news of the completely failing USA economy, you got ran over by an out of control freight train (and I did foolishly allow myself to get run over, once)
100's of Banks were failing, AIG, GM, etc, etc it was one nasty scene. Yet how could the market rally like not only nothing was wrong, but like things were good?! Well chart #1 goes a...Ignored
DislikedSome years back, when oil was around $40 per barrel, "news" would say one month that the market was down because oil was up, like higher priced oil was bad overall for the market. Then, a few months later, the price of oil would slump and so would the market. And "news" said that it was the slack demand/price of oil that had the market in a slump. It is all bull shit! Prices go where the power players take them for purposes of profit, and all the rest is just bull shit! Sometimes the "news" is just to provide some palatable "explanation",...Ignored
DislikedSome years back, when oil was around $40 per barrel, "news" would say one month that the market was down because oil was up, like higher priced oil was bad overall for the market. Then, a few months later, the price of oil would slump and so would the market. And "news" said that it was the slack demand/price of oil that had the market in a slump. It is all bull shit! Prices go where the power players take them for purposes of profit, and all the rest is just bull shit! Sometimes the "news" is just to provide some palatable "explanation",...Ignored
Disliked
This is usually a lesson learnt the hard way for most, which can also be combined with expecting logical market movements as you say. 2009 was a good example, if you absorbed all the bearish news of the completely failing USA economy, you got ran over by an out of control freight train (and I did foolishly allow myself to get run over, once)
100's of Banks were failing, AIG, GM, etc, etc it was one nasty scene. Yet how could the market rally like not only nothing was wrong, but like things were good?! Well chart #1...Ignored
Dislikedjasakreatif!
Please don't post extra wide charts! It screws up the entire FF thread page for all those that don't have wide monitors! Please delete your wide charts and downsize them.
Thanks,
-tahIgnored
Dislikedno i didnt , i only quote the charts post , now you re quote it.Ignored