What I am saying is that if one knows WHEN the price will be on reversal level, then one does not have to know WHAT that price will be , price is not important .
sorry, only 2 hands. I'm a nasty imaginary trend trader. Trades in direction of trend. Those HL are support failures into the trend. Pull your own trigger.
What harm is there is posting your entries after the fact? Have you made any trades this morniing? I shorted ym at 10814 at 9:59:57and took a two tick loss then went long at 10817 at 10:31:29 and was stopped out on a trailing stop at 10822. See. its easy. Im just trying to get some idea of where your coming from.
Quite right. There are much better ways to make money than working for it. I granted this to myself one afternoon after three days with no sleep immersed in the work of Fourier and painting continuous functions without a brush. The market was the obvious choice.
I didn't take any trades this morning. I had 2 student calls this morning. Right now I'm watching the 1209.75 top. If it fails to breach I'll short to challenge 1202.50. If it breaches, I wait till the failure of support to go long. I trade to profit, not trade to trade.
Thank you. At what point would you consider it a failure to breach? We just had a LH. Both of my trades were from signals too, by the way.
If a "trend" does not extend over a minimum range of price, then it can't be distinguished from background noise.