So it turns out Acidguy was correct. Unfortunately I hesitated to get out and now gave everything back.
Why did it plunge?
Why did it plunge?
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DislikedIf you have been trading them for 3 years, then you could do some research into your trades and see if you find some correlation between H&S at the top and inverse H&S at the bottom vs H&S & inverse H&S both at the top and bottom.
See if the results improve. They should IMO, simply because when you go long (inverse H&S) you want to buy into support and not right into resistance.
Vice versa for short trades.Ignored
DislikedIf you have been trading them for 3 years, then you could do some research into your trades and see if you find some correlation between H&S at the top and inverse H&S at the bottom vs H&S & inverse H&S both at the top and bottom.
See if the results improve. They should IMO, simply because when you go long (inverse H&S) you want to buy into support and not right into resistance.
Vice versa for short trades.Ignored
DislikedSo it turns out Acidguy was correct. Unfortunately I hesitated to get out and now gave everything back.
Why did it plunge?Ignored
DislikedTrichet, are you going to raise rates and send into reccession many countries???
trichet, the best financial joker in a while. lol.
and not me, economical analysts are making fun of him and raising flag against the euro.Ignored
DislikedTrichet is just the talking head, just like BBB... They don't make the policies by themselves.
They do set market expectations by their remarks and comments, but in the end it is the actions that count, not the words...Ignored