Dislikedjust curious as to what caused people to be "long" here. i just havent been convinced nor have i had a long signal. charts are bearish to me long term.Ignored
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Dislikedjust curious as to what caused people to be "long" here. i just havent been convinced nor have i had a long signal. charts are bearish to me long term.Ignored
Dislikedi guess no bulls wanted to answer this unless i missed it. no ill intent i was just wanting someone to point out something i may have missedIgnored
Dislikedi guess no bulls wanted to answer this unless i missed it. no ill intent i was just wanting someone to point out something i may have missedIgnored
Dislikedi guess no bulls wanted to answer this unless i missed it. no ill intent i was just wanting someone to point out something i may have missedIgnored
DislikedI think alot these guys give general outlooks of the market based on their indicators, or should I say, their interpretaion of them.
You never really see any entrys or exits from these guys. And if you do, they are usually hours, if not days after the fact. And they never have loses.Ignored
DislikedI think alot these guys give general outlooks of the market based on their indicators, or should I say, their interpretaion of them.
You never really see any entrys or exits from these guys. And if you do, they are usually hours, if not days after the fact. And they never have loses.Ignored
DislikedJarroo i will be sure to point out my exit strat for you. Its not yet and wont be for some time yet either unless something changes dramatically, this market is being bought, why bother with in and out intradays chaos while giving up valuable market propertyIgnored
DislikedI think alot these guys give general outlooks of the market based on their indicators, or should I say, their interpretaion of them.
You never really see any entrys or exits from these guys. And if you do, they are usually hours, if not days after the fact. And they never have loses.Ignored
DislikedOne reason could be if u place a linear regression channel from the daily hi to the daily low, probability say what?
Not to mention that buyers stood solid ground on the the low? Buying with much conviction, If this truely is distribution phase they must add supply to market or no covering will propell a break of the bottom in place.Ignored
DislikedI respect the long term trader, like Karmo and yourself. There is an upfront understanding that your money management can handle 200-300 or more draw down. My statement was meant toward some of the other traders that post here.
JimIgnored
Dislikedfunny..but there is no point of showing my loss to another as i kept it my self as the most "highest value" lesson..
..yeah..people just get their small fry lesson ( watching the profitable one and praise each other).And that is fair enough since it's my money.But hey..some time I post my loss trade (yesterday if im not mistaken)..it just a bonus lesson for all of us.
.IMhO
Ignored
DislikedI'll call you on that lol I am a bull in the market at the moment. Reasoning is intelligence, however, and if you have solid reasoning then you know how to take a loss and move on. I am willing to accept a loss if I feel that it's time to take it. Right now, I am still not in any drawdown as my entries were all in the 209s for the most part other a few up here in 210. My reasoning for going long is this; If you look at the weekly charts you'll see we had a bottom in price and then an indecisive doji. After that we got a confirmation bar to the upside. To me, that's pretty big considering that it was along a HUGE support. Just look to the longer timeframes and you'll find something! lol My exits will be as follows, 213 I will unload a few. That is a major resistance area. If this is broken then 217 is my holdout. If price reverts away from it, then I am willing to go short from there and close out all long positions, only to change my stance in the market to bearish.
That's longer term, and weeklies sometimes take a good while longer to play out. I do see reasoning for shorting throughout intraday moves, and believe me, I have been- but overall, my positions are in a long.Ignored
DislikedYou know my comments were not directed to you, Mike. I respect your analysis very much.
Jim
Especially your last posts.Ignored
DislikedJim, your king of the inside bars brotha! Check out the weeklies, the last 4 or 5 have been inside bars. This breakout will be fat in either direction. In any case, I am willing to trade in whatever way it decides to breakout for a large gain. Those inside bars are big on dailies and lower, but they are huge on weekly charts.Ignored
DislikedI know brotha! lol Im just bored and I was gonna type longer term analysis anyways haha
These weeklies coming up on some other pairs should show some good opportunities for us. Do you trade any other pairs than the g/j?Ignored