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(binned per thread starter’s request) Abe's Median Line Thread
I think a little more thought and investigation into median lines might benefit but I'll tackle this chart anyway as it really isn't such a dilemma.
The pink median line is really still developing with a poorly developed C pivot and for now it really isn't in play. The blue median line looks like it could've provided a decent trade as shown by the 2 red down arrows.
We must be cautious about letting the "lines" telling us when to trade rather than price.
The pink median line is really still developing with a poorly developed C pivot and for now it really isn't in play. The blue median line looks like it could've provided a decent trade as shown by the 2 red down arrows.
We must be cautious about letting the "lines" telling us when to trade rather than price.
Freedom is not free
- #80
- Jul 12, 2019 11:37am Jul 12, 2019 11:37am
Update on earlier post on Micro Gold. I use the 34 EMA to confirm direction is correct. I got in too early on earlier trade where I labeled Original Pivot. I luckily made a few tics on that one but re-entered later and hit 3:1 target.