You have better eyes than mine. No I don't see a dragon :mad: , it must be a Hidden dragon, maybe a Crouching Tiger somewhere too . Please draw...
Nicely done.
Guess how many "dragons" in this chart? [img]
Typical winning rate for a trend following method is about 40%. You are sure to be criticized.
You are probably one of few traders here who have no Outcome Bias problem.
860 changes the view in very short term basis.
1400 too long for me but will take a note of it. I'm taking 950 - 980 as key area for this week then.
Maybe 940 is the place to short again. here what I have atm: long term trend is down under 1140 mid term trend is down under 980 short term...
You should see it if you use line chart.
This is why you want to watch both time based and non time base charts. 5 min vs. 5 point [img][img]
"All Day Up"? Watch how this 5min triangle play out.
Nice. Ignore me, I was watching some deer hunting and duck hunting tv.
Why? Isn't that a moving target is harder to shoot at?
I know nothing about this, but someone said this today and I quote: "The accoutants are running the market. Long term capital gain selling...
40 - 45 resistance. clear as mud.
5 point range bar works for me in current market condition.
yes, and 50% retracement at 916.75
Lack of leaders. Tech, Energy, Finance, anything?
You are wasting your breaths, Pekelo. Trend followers don't look for target.
30 yr at resistance, 115'240 would break the short term down trend.
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