Bride of If You Can Draw A Straight Line

10:09 Long at 61:75

 

DL breached

 

Yep, but then we have a TR if prices fall here. Anyway I will follow the line drill.

10:14 DL fanned
10:15 DL broken

 

Forget about TRs.

 

Ok

10:16 DL fanned
10:18 DL broken, here comes a procedure issue I have to solve, The NH was almost invisible, perhaps datafeed malfunction. If one fanned the line here one is screwed, if one held the original line then the entry was at 61.25

 

Not unless it made a NH

 

In my datafeed there was a 1 tick NH, as I said before. It was a procedural mistake on my part.

 

10:24 RET short at 55,75
SL drawn

 

I'll have to see your chart. Depending on when and where the HHs are, there could be a DL under the 1012 bar. If so, there was a short a couple of bars thereafter.

Note also that if you don't scratch when the DL or SL is broken, you're not in a position to take the opposite side.

 

Niko,

If you're using investing.com chart that's free. It's better to keep pressing the 1min button. It fixes the gaps in data and reduces the discrete jumps. I press after a few mins just to ensure all's well.