Disliked{quote} Looks like support is holding strong on 60 minute chart. {image}Ignored
As an aside, now the Dow has punched through 2500 I'm going back to shorting that too.
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Disliked{quote} Looks like support is holding strong on 60 minute chart. {image}Ignored
Disliked{quote} Look at the yellow support/resistance. You are trading based on just support/resistance? You have got to add much more tools then just support and resistance. Of course unless you are a scalper or day trader. {image}Ignored
DislikedIt doesn't matter if goes up or down, what really matter is how much money are you doing. about the "trends", we all know we can't judge a trader for it, if someone is trading on 5m chart the guy will tell u the trends is up, and if someone is on 4hr chart will tell u is down trends, sooo.... SUPPOSE now the Price today will go up and the guy on 5m chart will tell cmon im the best in this and the guy who is on 4hr chart will cry? and tomorrow the Price go down and will be the opposite. so dont judge it about someone strategy, judge about the percentage...Ignored
DislikedHello Traders! Do traders share their end results here? Like how many Pips they made/lost? I'm here to learn and appreciate everyone posting here. Thank you!Ignored
DislikedIf we look at this in terms of wave analysis rather than S/R, we can see a nice 4h impulse. Corrections are never one wave so we expect 3 and this move down would expect to break the low (blue). This move up 'can' break the top though.. still would look for sell at break of the 60min uptrend for a expanding or running flat unless the structure changes dramatically.. In short, im looking to short .. haha.. but not in as yet.. Happy trading! {image}Ignored
Disliked{quote} I agree that no one should judge anyone about the trading strategies. We are all here to share our strategies and opinions. Actually it does matter if it goes up or down. You mention 5m chart trading. That is very short term trading scalping. Trading on that chart you want to make 5 to 10 pips max. If you are trading 4h chart and up, trend does matter because you will open the trade and leave it to go up or if you sell it to go down much more than just 10 pips. For long term traders trend does matter. For short term traders, trend doesn't...Ignored
DislikedIts gone very quiet in here..No chorus of "trade with the trend" or 'don't fight the trend"...Unless of course it goes up when some will no doubt claim they have added into Longs...after the eventIgnored