The Trouble With Scribbles

Discussion in 'Technical Analysis' started by Buy1Sell2, Mar 30, 2015.

  1. Buy1Sell2

    Buy1Sell2

    Thanks--That's really part of what I am trying to show--that it's ok to post specifics and it's ok to be wrong and have others see the losers.
     
    #831     Apr 28, 2015
    toucan likes this.
  2. Buy1Sell2

    Buy1Sell2

    One more item: This is a trade that will have to overcome the daily bar yesterday that popped out of the Bollinge Band and closed down. We are not huge favorites here to win.
     
    #832     Apr 28, 2015
  3. romik

    romik

    Trading is a box of chocolates, I am not keen on a swing long here, but you just never know.
     
    #833     Apr 28, 2015
  4. Buy1Sell2

    Buy1Sell2

    There is a huge trend brewing. Up or down?--dont know-- right now, up
     
    #834     Apr 28, 2015
  5. Redneck

    Redneck


    Suck in shorts - rip up - is what PA is/ has been saying

    Not a prediction - simply reading the chart

    If wrong I'll be the first to admit it

    We shall see

    referencing FB

    RN
     
    #835     Apr 28, 2015
  6. dbphoenix

    dbphoenix

    For those who prefer a more practical trading plan which also provides much more stringent risk management and trade management (and doesn't require an array of indicators):

    upload_2015-4-28_13-58-4.png
     
    #836     Apr 28, 2015
  7. i960

    i960

    I don't understand why you guys are going back and forth here trying to out-prove each others systems. What purpose does that have?
     
    #837     Apr 28, 2015
  8. Ditch

    Ditch

    Keepin themselves busy, they have nothing else to do.
     
    #838     Apr 28, 2015
    jl1575 likes this.
  9. dbphoenix

    dbphoenix

    None. But (a) he's never read the material, much less the rules for the approach and (b) he has me on Ignore, so he never sees what I post.

    If I hadn't written the SLA, I wouldn't care one way or the other, but as he continues to disseminate misinformation about it, I have no choice but to provide corrections.

    As long as the mods believe that all this provides value, we're stuck with it.
     
    #839     Apr 28, 2015
  10. Redneck

    Redneck


    This about the time if it heading back up


    RN
     
    #840     Apr 28, 2015