DislikedAU Commentary:
The attached pic. shows a representation of the M15 Dragon-Trend on the H1 chart. As you can see, the Dragon has been cycling down and is currently angling down again. The PA waves are nice, too. We don't know what the main market (LS) will do with the price. If this is going down, the market might first spring the price up for obvious reasons. This makes the decision to enter a setup beforehand a rough one. And it can be extremely rough on the SL placement. Overall, I guess the best is to just wait until into the LS to see...Ignored
- #39,901
- Oct 18, 2012 11:13pm Oct 18, 2012 11:13pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #39,902
- Oct 18, 2012 11:14pm Oct 18, 2012 11:14pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #39,904
- Oct 18, 2012 11:20pm Oct 18, 2012 11:20pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #39,906
- Oct 18, 2012 11:36pm Oct 18, 2012 11:36pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts