How would you trade this chart ?

Discussion in 'Trading' started by tony.m, Oct 11, 2023.

  1. SunTrader

    SunTrader

    Most everything in TA is lagging. Doesn't mean they don't work live.

    TL's for instance. Just drawing a line, even if done correctly, doesn't mean a trade should be entered just because of a touch ... or a breakthrough ... by and of itself.
     
    #21     Oct 12, 2023
    ironchef, tony.m and murray t turtle like this.
  2. schizo

    schizo

    Obviously, you didn't read anything that I wrote.
     
    #22     Oct 12, 2023
  3. Sergio123

    Sergio123

    I would skip it and find something else to trade.
    Not forcing trades when you don't see a good setup is part of good trade management.
     
    #23     Oct 12, 2023
    VPhantom likes this.
  4. tiddlywinks

    tiddlywinks

    There's about a 15 handle range. It can be scalped for a handle or two at a whack, or you find something "better" to trade while you take pleasure sitting with a conviction as to which way it will break.
     
    #24     Oct 12, 2023
  5. ironchef

    ironchef

    Yes sir, but the devil is in the details.
     
    #25     Oct 12, 2023
  6. ironchef

    ironchef

    Because you speak in parables. :p
     
    #26     Oct 12, 2023
  7. schizo

    schizo

    And that's what differentiates between the noobs and us experienced traders. :sneaky:
     
    #27     Oct 12, 2023
  8. tiddlywinks

    tiddlywinks

    Oh be nice. Ironchef seems to be a decent bloke. And he's quite forthcoming with his current station as a trader. Just focused and spending time wrongly in demo. And on this, demo mode, Ironchef and I disagree. He's still a good bloke imo.
     
    #28     Oct 12, 2023
    schizo and ironchef like this.
  9. ironchef

    ironchef

    Don't worry, I have thick skins.

    But thanks.
     
    #29     Oct 12, 2023
  10. ironchef

    ironchef

    True. I am just an old noob.
     
    #30     Oct 12, 2023
    schizo likes this.