Son of If You Can Draw a Straight Line . . .

I took this long . Hard for me to take the bottom long just yet. But thanks for pointing it out.

9:58 DL at risk
10:00 DL fanned
10:02 DL at risk, buyers are losing momentum. But trend still good.
:03 DL fanned again

 

After the 9:34-35 "negation" of the up wave right after the open that was most likely chop to me. And so I wanted to see a break above 90 and a RET.

Maybe this is not following the general definition of chop, but that was just my perspective...

I can write this because I missed my predefined entry after the rebreak...

 

Hang on if at all possible. Top of pkt is 10

 

Great input, I was not sure about the chop, but I preferred at the time to stay away and watch, the lesson cost was 5 points.

 

Planning should enable, not restrict.

 

bottom of the air pocket around 3410

 

pkt=pocket. Almost coudn't get it. Hehehe. couldn't see 10 anywhere. Slugar translation helped.

10:10 DL holding.

 

Exit if you have to, hold if possible.

50% is of course 89

 

sorry i meant top of air pocket not bottom

 

10:13 Had that in mind. A question though. Regarding rotation of the DL, should it be rotated from the original DL that started at 9:48 or given the change in speed one should trace a new DL starting from 10:00?