5min triangle thingy going on ?
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Dislikedyups, since we currently seeing quite a pullback in swissy and eurgbp, which will bring more upside to fiber, perhaps we might have a pullback also in cable.. i'm not suggesting anything here but there's an old saying that if you're unsure, better stop trading.. but i'll take chances to long after TPed at 5645.. if that's area breaks, i'm gonna call it a week.. don't chase the price mate, always remember that, better to have missed the train rather than to be in the wrong train..Ignored
Dislikedlooks familiar some sort of diamond pattern, though i dont quite remember the last time this happened if it was a continuation or a reversal....Ignored
DislikedKind of looks like a millipead in serious need of a chiropractor...Ignored
Dislikedor as is sometimes the case with me, get run over by the train cause I'm looking the wrong way
To be honest though, those stop orders may look good. I like my descending channel just above the orders. If the channel goes, I think there is a very good chance price will to.
I keep changing my mind.
Also, something I saw to the left also in the grey cloud, maybe too long ago, who knows.
Thank you very much for you concern though seriously, love this place.Ignored
Dislikedthere's one thing you haven't considered tho.. usually before it turns, the price will make last extreme lows/highs which usually called a shakeout for weak bulls/bears.. which i think that where you see the low point on your chart.. WD Gann says that don't short/long on the second lows.. it just might be a shakeouts.. imho..Ignored
DislikedYeah ok, cool thx dude. PA poor for either bull or bear.
Closed out. If it drops though, I'll, come after you
I will try really hard never to use Stop orders regardless of what I fear I will miss. They go against my grain and I do feel nervous when placing them.
Cheers again.Ignored
DislikedMan alive! I use stop orders for nearly every trade. That's part of my (successful) strategy. Use your own strategy. Don't change it because someone tells you to. Unless you don't have a strategy? Then you're dead...Ignored
DislikedHi Smikester, what I have been trying to say all day is that stop orders are not a part of my strategyIgnored