Bride of If You Can Draw A Straight Line

10:13 DL broken

 

Thanks. Was thinking about that. I still have a short to go before calling it chop.

 

Well, yes, but call the first trade a point. This is all general anyway. The point is to show that losses are minimal while profits can be substantial if one will just leave them alone.

 

I should have listened to you !!!! Got my short

 

This long should not have been triggered.

 

Why not?

10:24 Long at 62.50

 

Thank goodness my short did not fill.

The behavior of the long bar up.... starting to pay attention to that...

 

10:27 Trouble at 63,25 DL has not been fanned. Getting worried around here
10:28 DL fanned

 

How far away was your buystop from the retracement?

 

1 point, I am using 10:09 as my RET, could be datafeed issues again.