Why Is The Obvious Not So Obvious?

Discussion in 'Risk Management' started by nysestocks, Jan 25, 2009.

  1. Vindago

    Vindago

    here an example:
    upload_2020-12-7_6-38-16.png
     
    #6731     Dec 7, 2020
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  2. Vindago

    Vindago

    And then we have the chime:
    upload_2020-12-7_6-39-54.png
     
    #6732     Dec 7, 2020
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  3. Vindago

    Vindago

    of course they are easier to see in hindsight, but... when price move out of its path and then stops/retreat it is a good sign...
     
    #6733     Dec 7, 2020
  4. Vindago

    Vindago

    And... there is no need to enter at the high point, just follow the retreat
     
    #6734     Dec 7, 2020
  5. Onra

    Onra

    the balance...?!
    Was that best visible on his 30 min. chart?
     
    #6735     Dec 7, 2020
  6. fairvalue

    fairvalue

    sorry for hopping in late - no intention to disrupt the flow, but I thought this wasn't answered as clear as I like things ;) The friend is a cat, it has ears, feet and and a tail
     
    #6736     Dec 7, 2020
    Onra likes this.
  7. Vindago

    Vindago

    It is present in all TFs.

    but... you need to see the path and the deviation from it otherwise it may not be a good trade.
     
    #6737     Dec 7, 2020
  8. Onra

    Onra

    Thanks!
    But what is the relation between the "track" and the "path"?!
     
    #6738     Dec 7, 2020
  9. Vindago

    Vindago

    same same
     
    #6739     Dec 7, 2020
  10. Vindago

    Vindago

    track, path, groove... same story
     
    #6740     Dec 7, 2020