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I will wait now for another resistance level to be established & short, forgot the word, re-visit/re-touch? LOL Mind blank

-2.5

You don't think so?

Ought to start coming down now

S1259.25, s~2, h/s +10

Reward doesn't have to be trailed necessarily to "succeed", reward has to be a multiple of risk though.

Holding 1/3 due to 15 & daily, h/s 1255

L1256.25, s~2, h/s -5 Scaled out 2/3 +1.75

L1257.75, s~2, h/s -10 -2.25

L1259.75 off 2, s~2, h/s-10 -2.25

Vertigo, your chart looks a bit naked nowadays :) edit: 1.44pm V, now on 3m, that's what I do like, wedge plus 3 lower peaks

Surf's proclamation - $600 by 2009 August 1st, stop @ $2,000 :cool:

ImPO you measure risk according to what it would have been, in that example -6 down, not -0.5 I've calculated 13:1 based on 3 losses, but if it was to be calculated on independent basis, then it's 40:1

The plan was to take about 500 points, I don't trally trail stops, I just lock gains when I feel sufficient reward has been reached. So far this is just a bounce in a bear trend, so it is tricky, it's against the predominant trend. Even after 3 losses it worked out to be 13:1, which is...

I tell what is efficient, my future mother-in-law, no matter what I do, I am always most deffinetely wrong. Now that's efficiency :) p.s. You can't even counter action, as if you do the opposite of what you wanted to do, you'd still be wrong.

Cover at higher prices :)

where? more like a bull flag to me i reckon resistance will be taken out today check out 10m histo

Chinese/Tibet medicine, all natural & good for you.

LOL, good one