Posted on the "other" thread but just as relevant here.
The madness
My order got triggered earlier today at 2827
http://i40.tinypic.com/dgigl5.gif
Madness because according to the daily chart, the stoch indicator is dangerously near the overbought level.
But there is method to the madness. At least that's how I rationalize it.
http://i42.tinypic.com/2meztbd.gif
Weekly chart's stoch is a very very different story.
Neither of these are H1 charts or H4 charts for that matter and I'm aware of how I can be getting some serious bite marks on my cheeks. That's where MM comes in. And as always, I'm holding on to my fu@#ing hat.
The madness
My order got triggered earlier today at 2827
http://i40.tinypic.com/dgigl5.gif
Madness because according to the daily chart, the stoch indicator is dangerously near the overbought level.
But there is method to the madness. At least that's how I rationalize it.
http://i42.tinypic.com/2meztbd.gif
Weekly chart's stoch is a very very different story.
Neither of these are H1 charts or H4 charts for that matter and I'm aware of how I can be getting some serious bite marks on my cheeks. That's where MM comes in. And as always, I'm holding on to my fu@#ing hat.
Not all sins are created equal