B, Could you please provide a sample via charts ? After pain killers and stouts to enhance the effect I have no idea what you are talking about but I'm sure its not you, just me. Anek
A. Watch out for the pain killers and stouts.....can become a lifestyle. Attached is your chart from today with a couple of 3rd point hits.
A. Watch out for the painkillers and stouts.........can become a lifestyle Attached is your chart from today with a couple of 3rd pt. hits.
I didn't mean to if I did. it seems that often, say in a down trend, the trend may be so strong that the price never makes it back to the trendline, if the 3rd hit is all you played you would miss those. However, there is a reverse 3 pt hit that does signal a reversal. That is when at the 3 rd point, the price breaks the trendline and pulls back to make the "hit" from the other side, which seems to be a playable reversal pattern, often part of the generally accepted patterns. FWIW. D.
B, Interesting, I will start paying attention to this. I'm so out of it, I had to instant message a friend in Yahoo so he could explain to me what you were saying. If this proves to be fruitful you will get credit for the first AHG enhancement Anek
Believe me...I have had my ass handed to me many times when I got too cocky with trading stocks...I started out as a newbie and doubled my account in 6 months. I got over-confident and reckless and almost wiped out my account over the next 3 months. I didn't use stops and traded after hours, etc. I am now in the over safe mode and having a hard time letting my winners run. Thanks for the warning and encouragement...and definitely 1 car for 6 months as you say.
OK, here's a thought. Does anyone here look for confirmation or comfort in another index to support a setup or signal in the index you are trading?