http://i.imgur.com/9Oyb4ue.png 1929 line http://i.imgur.com/EgMF89K.png same reduced http://i.imgur.com/Ey9XA6A.png large hns possible
Thanks for all this info Ammo, much appreciated. Not sure I understand everything your talking about. But I will go over the charts in more detail tomorrow. Sounds like you think we might be at a top here?? How many cars do you start with and how many do you add along the way? Many Thanks
On that boobs and retraces image, you really get the impression of the market devouring itself... at some point everyone will be shaken out or tested. Very efficient.
over the last 5 yrs many of the losers were during or near exp so just scalping here letting these guys pin the spy, they do it on avg 10.5 of 12 months, no stats just a guess, 6 contracts was just an example, the size should be in agreement with your account and risk tolerance ,comfort level...just shorting a resistance level, no reason for it to be a top, remember supp and res are just where 2 armies meet, you never know the size of either, you look for scenarios and trade accordingly, majority of those big moves don't play out but if you catch one or 2 a year, what;s not to like