for 3 days people have been saying oversold
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- #56,921
- Oct 31, 2018 12:07pm Oct 31, 2018 12:07pm
- Joined Jun 2013 | Status: enjoying life | 23,867 Posts
- #56,922
- Oct 31, 2018 12:10pm Oct 31, 2018 12:10pm
- | Membership Revoked | Joined May 2017 | 575 Posts
Because of this support I don't like to wait too long for shorts to move in my favor before going to B/E, Because of the strong downtrend however I don't like longs on a support just because it's support without moving to B/E based on Price Action. The best thing today would have actually been to do nothing. And to go long only when seeing confirmation imo. Go short when support is broken. That beeing said, I'm calling it a day folks. Grtz
When you're not sure Short or Long - toss a coin! Chances are 50% !!!
- #56,923
- Oct 31, 2018 12:13pm Oct 31, 2018 12:13pm
- Joined May 2014 | Status: Full Time Trader | 27,131 Posts
My trade is still on. Why do these bears act so stubborn lately? 
Stay Green
Stay Green
Focus only on what truly matters!
- #56,925
- Oct 31, 2018 12:13pm Oct 31, 2018 12:13pm
- Joined Oct 2009 | Status: Trader | 5,639 Posts | Online Now
Always trade your own plan...I don't provide trading signals.
- #56,926
- Oct 31, 2018 12:15pm Oct 31, 2018 12:15pm
- Joined May 2015 | Status: Trader | 1,148 Posts
{quote} You don't have to apologize for making money
What's that smell? ---- I smell money!
- #56,927
- Oct 31, 2018 12:16pm Oct 31, 2018 12:16pm
- Joined Jun 2013 | Status: enjoying life | 23,867 Posts
My trade is still on. Why do these bears act so stubborn lately?
- #56,930
- Oct 31, 2018 12:19pm Oct 31, 2018 12:19pm
for 3 days people have been saying oversold {image}
Your salary is the bribe they give you to forget your dreams
- #56,932
- Oct 31, 2018 12:23pm Oct 31, 2018 12:23pm
- Joined Oct 2011 | Status: quo | 4,193 Posts
My trade is still on. Why do these bears act so stubborn lately?
As Above, So Below
- #56,933
- Oct 31, 2018 12:26pm Oct 31, 2018 12:26pm
- Joined Feb 2016 | Status: Full Time Trader. | 5,429 Posts
4&1 All Time Profit:
$37,496
- #56,934
- Oct 31, 2018 12:27pm Oct 31, 2018 12:27pm
- Joined Feb 2016 | Status: Full Time Trader. | 5,429 Posts
4&1 All Time Profit:
$37,496
- #56,935
- Oct 31, 2018 12:27pm Oct 31, 2018 12:27pm
- Joined May 2014 | Status: Full Time Trader | 27,131 Posts
Focus only on what truly matters!
- #56,936
- Edited 1:17pm Oct 31, 2018 12:29pm | Edited 1:17pm
- Joined May 2015 | Status: Trader | 1,148 Posts
i'm getting confused! which way to go ???
Best to follow your system, got the rules in place?
What I would say is this:
A car stops when hitting a wall, a trend doesn't always stop when hitting a support or resistance line.
That's why keeping the momentum in your favor is always the best idea but when you see a wall, I recommend hitting the breaks.
Only jump back in when putting it in reverse, or something like that...
Grtz
What's that smell? ---- I smell money!
- #56,937
- Oct 31, 2018 12:29pm Oct 31, 2018 12:29pm
- Joined Aug 2018 | Status: Full-Time Gambler | 2,549 Posts
You hesitate, you masturbate.
- #56,940
- Oct 31, 2018 12:39pm Oct 31, 2018 12:39pm
- Joined Aug 2018 | Status: Full-Time Gambler | 2,549 Posts
You hesitate, you masturbate.