you can say that again!
we're going to test the bottom.
Better-than-the-wormhole 555 replies
Dislikedif it's going to bounce back up, should be around here... 10 minutes left on 1H candle. If not, that's one narley looking candle forming on the 1H... lolIgnored
Dislikedlol ... what took 4 hours to build, only took 10 minutes to kill it back.
We're back to ard dop. I definitely am not looking to buy .... yetIgnored
Dislikedyes.. definately no buying at this point. too bad I didn't get in on the drop. 100 pips in 10 minutes.Ignored
Dislikedlol yea I was thinking the same .. "now why didn't i just short after i closed?" out of that 100, 60 pips were easily tradeable, I had sell signal.
damn!Ignored
Dislikedlol
with this volatility, more to come.
ok, enough typing, let's get some pips.Ignored
Dislikedthis is in no way bashing the usage of indicators. I apologise in advance.
But the sharp turn earlier is a good example, if I had relied on indicators, ma crosses or the ichimoku, there was no way to get out on time because they're not leading indicators.
Price is king.Ignored
Dislikedlol yea I was thinking the same .. "now why didn't i just short after i closed?" out of that 100, 60 pips were easily tradeable, I had sell signal.
damn!Ignored
DislikedAmen to that Bro.
I had to wean myself off indicators. I had become fixated on indicators and forgot price.
RufusIgnored
DislikedAnd we are his princes.
Is an excellent point. Knowing where price has a high likelihood of reversing depends solely on understang the PA, not what any indicator can tell you.
That's why I gave up on holy grails long ago.
I guess my earlier quote was a bit of an understatement.... lolIgnored
Dislikednot a bit....
waiting for BO above the TL or below the daily low, otherwise flat until further notice... lolIgnored