Why does TA not work (for you)?

Discussion in 'Technical Analysis' started by Xspurt, Aug 4, 2012.

  1. cornix

    cornix

    LOL... Eating my tomatoes right now, but sure not as tasty as yours... :D
     
    #201     Aug 6, 2012
  2. the progression so far is FTP, Hitch
    , red stitch.
     
    #202     Aug 6, 2012
  3. cornix

    cornix


    Short looks good indeed across the board (watching Euro and ES here).
     
    #203     Aug 6, 2012
  4. Here, with this summer, they are delicious :)
     
    #204     Aug 6, 2012
  5. bar 10 is XR bar @ 270 so we are going for T! of the short trend.

    But volume is too high, so we have second P!.
     
    #205     Aug 6, 2012
  6. cornix

    cornix

    Yeah, they say the hottest summer in history here, tomatoes are amazingly good this season indeed. :)
     
    #206     Aug 6, 2012
  7. the tab today is 5 pts on long and 2 points so far on short.

    you may have just spent 7 points learning instead.
     
    #207     Aug 6, 2012
  8. Get out your Pattern chart so you can corrolate the P and V terms.

    Volume leads price.
     
    #208     Aug 6, 2012
  9. contra

    contra

    not to me.
     
    #209     Aug 6, 2012
  10. cornix

    cornix

    Depends on time scale, I am scalping addict and would likely bail already if shorted (I didn't, just observed the price dumping a bit being stopped by daily resistance level in the Euro).

    ES looks like potential bull flag/bull 2B reversal to me now...
     
    #210     Aug 6, 2012