DislikedYes, what your seeing is what the market does, there will be a consolidation period then it makes a move a consolidation period then it makes a move...you want to go to the lows of these consolidation periods. there were several in this 2 year uptrend.Ignored
makes-a-move then-retraces then consolidates then-makes-a-move then-retraces then consolidates
etc
Sorry. Just proving I was paying attention again, so this gold will keep on flowing. I am a teacher and know what it means to be appreciated.
Things only seem simple when you know them. I didn't know all this last Wednesday. Suddenly, the world seems my oyster (a UK saying that means 'you can achieve anything you want'). Ok, so 'knowing' demands all sorts of caveats, but none of us want this post to reach a million words.
I am also beginning to understand this much-loved statement made by successful traders, "Let the market tell you what to do" or words to that effect. I used wonder what it was they knew that I didn't. I am beginning to understand.
Cheers again