Turning upside down is a good idea!! I will figure it out, I will just have to do it thats all. I never spend time thinking about my decision when I trade to the downside, I just do it but when the same signal presents itself on the upside it hesitate, so no more !! I will let you know how it goes!
I'll vouch for those biz tv stations being useless!! eg. CNBC talked tennis while the market went on a massive rip this early afternoon!! ok, ok, if they were talking basketball i wouldn't complain, but tennis!!! egh!
Anek, You have mentioned about the engulfing candlestick, I agree totally on that. How to make trade entry for such signal ? Usually this is a fast price movement in a short impulse move. Do you advise us to wait for a retracement or click fast on market order (is it chasing ?) ? Or wait for the close of the bar to ensure it is engulfing bar first ? Chiu
Anek, Why bother putting channels in your auto trendlines if you only trade the trend? for exits? Trying to understand why anyone uses em... Cheers, i
Great trading all... Quick question regarding the screenshot Anek posted a few hours back.... What does it mean when you said "reversal" then confirmed on your chart? I'm assuming this is around 1120 am EST thanks J
Today is probably not worth it to trade (light volume preceding Holyday) I'm going to trade 1/3 of my regular size
Nice! Still curious though why you had them in the first place, I just don't get the goal of using channels instead of trendline only... Cheers, i