from that quote i assume you don't have drawdowns.... your equity line is a perfect 45º slope straight line... As fow Winton, here it goes: December 2009 : -2.45% YTD 2009: -4.6% January 2010: - 2.6%
Because it doesn't look like there's a formation there, it looks to me like the red ibgs bar made higher high.
So you don't annotate lateral movement? Fair enough...I don't annotate formations or movement. But why start a lateral on the pt 3 of your thick black container? Laterals go from pt2 to pt 3 of some fractal. don't they?
I do, but only those that begin with formation Because the market created one there. Some of them do and some of them don't - I am not sure if I understand your question.
Mr. Black, you guys seem to use fixed targets and stops? How are they determined- from the chart or are they just a fixed amount, such as 20 ticks...? Than,s.
You claimed a profit target of 1.357 and this chart didn't even hit that target. So, how in the world can you claim that you just obtained a +20 point profit? Jason
Yes. I would agree with you if you wouldn't have said that your original target wasn't at 1.357 (not 1.3565). Jason