DislikedI'm thinking that this is too deep a retracement to warrant a short trade at 14627 if the price breaks through.Ignored
(read countinuation post 3973, if you havn't already)
We all need pivots to win..yes or not? 13 replies
The System (Irony included) 1,175 replies
DislikedI'm thinking that this is too deep a retracement to warrant a short trade at 14627 if the price breaks through.Ignored
Dislikedconsidering current price range, yes it is a too deep of retracment..
(read countinuation post 3973, if you havn't already)Ignored
DislikedPaul,
this is a good question.. please refer to post 3809.. I think you will get part of your answer there..
for the missing part ..
simply when I look to take on a possible entery, first I need to know, where was the begining of this particular swing, and where was the first opportunity to
get on this ride, and where am i trying to get on it.. if its the first break i take it without hesitaion.. if its 2nd break, it must fall
into my countinuation signal theory (post 3973) and so on.. thats how i gage it and weightout the risk/reward issue as...Ignored
Dislikedgood example of fcr entery at 4541 that would have got you in early and set you on driversit at the moment and if thing really go wrong you got a better chance of surving with less damage or any at all..Ignored
DislikedHi Eb,
See my post over the weekend and FX's answer to it concerning where price is in the break out and how you should play things.Ignored