{quote} Hi Dogalot, thanks for the reply. I definitely understand what you are saying but also believe that the less discretion involved, the better. I know many traders will disagree but the way I look at it, a set of trading rules are just that, rules. Have faith in your system and its rules, and trade those rules. Discretion, IMO, is another way of saying "I FEEL that....." and a trader's "feelings" are a dangerous tool to use in trading. But like I said, many will disagree with me and I wish them well. The watch dog (ema 4) many times will keep...
Friends, I just want to know about what you see when you watch this dragon chart. Please give your short opinion and don't be shy to give an opinion. I always respect people's opinions whether they are the same as mine or slightly different.
Bro CM7, I see an extended downtrend of almost 2 months with 3 periods of consolidation. Price is following a clear trend line and will likely continue downward as this last period of consolidation has a fair bit of bullish rejection. Or not.... hahahaha
{quote} Trend is down. {image}
Well all, my midnight and the new year fast approaches so I will say good night. Happy new year everyone! Stay safe and remember to hug your kids!
{quote} Happy new year ! Did you mean Tuesday?
