Well, there is no guarantee that it will be a reversal... Generally speaking I do not consider E&M trendline rules as a trading method, these...
Based on my chart's data the bottom blue line crossed the price today at 36.56, I reversed position and bought.
I think your top blue line should be redrawn, and start from Feb 2004 and end at Feb 2006, and the parallel to it bottom blue line should start at...
I do not think ETF is better, I just get use to it, as I said - my bad habit .:)
yes, if only to use weekly chart. Only I would run blue line from the first high and the first low
I meant me trading QQQQ is the bad habit.
Bad habit :)
Rephrasing famous quote "Bad dancer always blames his balls": Bad trader always blames his broker. But to be fare to the brokers one must...
QQQQ
I think it should be sent to FBI... Let them review this user.
I do.
Feuchtwanger "The Pretender" Grossman "Forewer Flowing"
ewido
I would disagree on many aspects of your post, but will not argue...:)
===Everything is in our control. === Well, IMHO within certain limitations...And different people have different limitations... ==Nothing...
Ask yourself a question: "What do I really want?" From "Swimming with the sharks"
Nobody said it is easy... , but self-discipline helps traders and fat person too...:)
What else would you expect from Moscow ? :)
IMHO - forget about scalping...
IMHO fundamental analysis is not for shorting.
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