VT, while this is FRESH in your mind can you explain why if you have such a strong sell signal that you don't exit your long position. I know there may be plenty of reasons for not selling here but what is the reason for not just taking the money and getting out with such a strong sell signal? Scrutch
+4 Points Today. FYI - I will posting the daily summaries at the Group site. There is a link with the Historical Data posted. Also, will try to describe the divergence I used on the first trade today, since it is not completely traditional. I will try to get a chart posted and some comments in the Group. http://groups.msn.com/chroniclesofanidiot
VisionTrader, Are you leaving this journal in favour of the new group you setup? Or are you going to post in both?
The MSN group is just a supplement, although I am planning on developing it into my main e-forum. I do not trade everyday and eventually will not be able to post as much while I am trading. I will try to continue to post my daily summaries at a minimum. For now, I am still here. Met lots of nice people. Don't want to go.
This morning reminds me of the Kentucky Derby. My neck is sore from my head bobbing up an down following the candles. Whoa boys Or should I say gooooo boys.:eek:
VisionTrader, Do you trade only DT & DB or also ascending tops and descending bottoms with div? TM Trader
There was a nice div setup between the top at 10:06 (1008) and the top at 10:22 (1009.5) which led to this very nice drop.