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

Discussion in 'Journals' started by dbphoenix, Sep 19, 2013.

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  1. niko

    niko

    9:30 Buyers rejected. Sellers Rejected.
    :35 Long at 13
    :37 DL broken
    :41 Hinge?
     
    #1341     Nov 22, 2013
  2. Gringo

    Gringo

    9:42: We might have a short here.
     
    #1342     Nov 22, 2013
  3. niko

    niko

    9:43 Avoided the short at 08, not sure about the hinge.
     
    #1343     Nov 22, 2013
  4. Gringo

    Gringo

    Why? Because of lower congestion? I see a failure to go up. So why not short even if there's some congestion. But it's your decision of course.

    0946: Price is going down but so slowly. 6.5 is not cracking. Getting ready to exit short if price starts moving up.
    0947: Yes, the congestion held. Oh well.
     
    #1344     Nov 22, 2013
  5. niko

    niko

    Nope, at 9:42 I thought I was looking at a small hinge forming, so I avoided the short.

    9:47 SL broken
     
    #1345     Nov 22, 2013
  6. Gringo

    Gringo

    Who's planning to play reversal at 13?

    0952: BO!
     
    #1346     Nov 22, 2013
  7. niko

    niko

    Thanks for pointing it out, I was again focused on the trees, and forgot the forest at 06. Lets just hope that it is not one of those V REVs without subsequent nice RETs. Did someone take the long at 9,50?
     
    #1347     Nov 22, 2013
  8. dbphoenix

    dbphoenix

    Price found S at 50%
     
    #1348     Nov 22, 2013
  9. niko

    niko

    9:57 One of those RET or REV moments for me...
    9:59 Turning into a micro hinge.
    10:00 Cancelled the entry at 14.75, No shorting inside this TR for me.
     
    #1349     Nov 22, 2013
  10. Gringo

    Gringo

    1001:Another congestion right here?
    1002: Here we go down.
    1002: Serious breakdown again. Up is giving problems. LOLR probably down me thinks.
    1003: Ret after BO
    10:04: We still have HH and HL, :). This is going to be tricky. (HL was faulty, didn't see properly.
    10:04: Short.
    1006: taking too long. I am ready to bail.
     
    #1350     Nov 22, 2013
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