@ runkarn,
I think the point of any thread, which is not located in the "SYSTEM" category, is there to help develop market consciousness. Coincidently, these threads serve a much greater purpose than the system threads do... although, the system threads have their place.
@ mathematician,
Thanks, for the compliment. Some of the things I mentioned in that deleted post will fill in the blanks for my otherwise cryptic writing. Sorry I'm not very straight forward when it comes to discussing markets. If I was more direct about it, nobody would get an ounce of benefit from it... and I definitely would not be having any fun.
To the chart:
You are correct... it is going up. Do you see doubt brewing in buyer sentiment on that chart? No price pattern required... it's there as plain as day. Start building your "position". Keep the sizing small, and add your orders as buyers start closing theirs to secure profits.
I think the point of any thread, which is not located in the "SYSTEM" category, is there to help develop market consciousness. Coincidently, these threads serve a much greater purpose than the system threads do... although, the system threads have their place.
@ mathematician,
Thanks, for the compliment. Some of the things I mentioned in that deleted post will fill in the blanks for my otherwise cryptic writing. Sorry I'm not very straight forward when it comes to discussing markets. If I was more direct about it, nobody would get an ounce of benefit from it... and I definitely would not be having any fun.
To the chart:
You are correct... it is going up. Do you see doubt brewing in buyer sentiment on that chart? No price pattern required... it's there as plain as day. Start building your "position". Keep the sizing small, and add your orders as buyers start closing theirs to secure profits.