crap, I jinxed it again. dropping like a rock already (order not filled, by the way). Ok, I will try for the downtrend.
You've proven that you can't define a trend and don't know how to trade (which interestingly enough, is a good way to learn how to trade - and one that many new traders indavertently do, except they run out of money before their lessons are complete), now go make your paper-trade calls someplace else.
Do it again and more will come ... believe me, I said it and I meant it. ... and in the future, you should try to limit your live calls to your riskfreetrading alias. :eek:
Smilingsynic, I know what you mean, but the whole magnet theory is a bias I don't want. Best of luck. NN
It is not about bias. It is about answering the questions "Where does price seem to want to go?" and "Where does price seem to NOT want to go?". If those questions cannot be answered, then there is no reason to take a trade, because that is characteristic of a choppy market.
There are many different ways to skin the cat so I'm not going to argue over styles. You gotta do what works for you. However, I react to only one thing, price. I'm glad you do well with floor pivots, I do well without them, no harm done, glad it works for you. NN