Where are No Heat and Startraitor ? I would like to interview the "geniuses" who averaged down against a strong trend and never came back....
Looks like a cup and handle to me :p
Fairly useless observation. Means nothing, unlike volume exhaustion that could mean turning point.
I think it's pretty obvious by now what side smart money is trading. Calling tops in uptrends is suicidal.
You better off not predicting it. Why does it have to crash ? Why cant it continue making HL and HHs like the good old uptrend that it is ?...
A drop in a bucket compared to your recent averaging down catastrophe.
Volente, Looks like NAD stole your thunder yesterday with an amazing execution then shut you up with proof today when you mocked him and now...
Market continues to defy counter trend technical analysis. Just wanted to thank Bernanke and the shorts for making it all possible your...
Notice how some of the swing highs are ignored to curve fit and see what's not there.
Technical analysis is useful and very handy with retracements in strong trends but extremely unreliable in trying to catch tops in uptrends and...
Boy those counter trading tools are kicking butt right about now. Don't get the mentality. Go bulls!
I was respectful in my post to ammo, so not sure what got you all hell bent. If you look at my comments regarding the market Ive been calling...
Ammo, What is the point of using all those nips and trendlines ? No disrespect but if those countertrend signals were worthy you would not...
I disagree I read it, he's got the only honest journal Ive seen in this board and is worth reading about his style and developments. Good job NAD.
When the area you isolated from the big TF is solid and well structured it will react for a quick bounce almost all the time, rendering the small...
Yep same goal here. I have mastered not adding to losers and respecting my stops. This is new territory for me, and I plan to exploit on...
Are you suggesting not to add to a winner on pullbacks but only at the broken breakout level via buy stop or short stop ? If so, considering...
I'm in the same boat, find it hard to add to a winning position and it almost comes natural to add to a losing one. The problem with adding to...
It all comes down to what I seem to hear all the time from those in the know. Don't ass to losers, only to winners. Frankly, hard as shit to...
JSSPMK, You are a cool guy, please help me understand. If you are dead accurate the position takes off on 1/3rd size. If you are dead...
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