The chArt of Deception

So do you want to change your mind, as it is not too late yet?

 

The chart, the chart, Oh what an art
I look and see, it is but me
But if its me, and I do lose
What does that say, about my clues

If it is there, for me to see
Why not I can, for it is me
Perhaps I think, I know it all
And that is why, I always fall

Down I go, just one more show
This time I know, it will be so
Right for me, as right can be
For chart is naught, but buzzie bee

 

MC. Never sell a stock that's going up.
I will go with the obvious. That's all a simple visually oriented person like me can do.

 

That "circuitous" word is a very big word YM.

Are you sure you did not mean no.2

* Main Entry: cir·cu·i·tous
* Pronunciation: \(&#716sər-ˈkyü-ə-təs\
* Function: adjective
* Etymology: perhaps from Medieval Latin circuitosus, from Latin circuitus
* Date: 1664

1 : having a circular or winding course <a circuitous route>
2 : not being forthright or direct in language or action <a circuitous explanation>

 

That answer does not constitute a graded reply - you will have to be more specific heypa

 

I do not like changing my mind as it shows my indecision that hurts any trader; but after I posted my original thoughts on the chart, I started thinking about it further, and that is what I described above, since this is a learning exercise, i will change my mind. The two attempts to push the market lower have both failed and now price as taken out the retest at the high, so I do believe that price will continue on it's upward trend.

 

Are you sure that is the best decision - your next answer is the final one!

BTW, I don't see any attempts to push the market lower?

BTWW, we are only talking about the next box, remember!

 

This is just like trading!

My only concern is that the push thru the high is the pros running the stops that the shorts would put in to protect themselves, thus grabbing liquidity to force the market back down. But I will stay with my current position and ride the market high for at least a few points.

 

OK - you have given your answer, you will now either win or lose?

Now we must wait for a few more to give their answers, at least 2 more traders, as three is a nice number to work with, for it rhymes with buzzie bee

 

Well, in the last box, there are two pushes low, one is more pronounced, the 1st one, and the second is just a spike.