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Except most double tops end up failing to be actual tops.

Time for eduation.... If the broadening formation was hitting the top and you had a downtrend, you got a potential edge. If the broadening formation was hitting the bottom and you had an uptrend, you got a potential edge. All else, no edge.

Sure they do, and this one will too, but when we examine techniques for edges it is wise to go by thousands, if possible tens of thousands of samples, not just "check the 08". For what is worth, I did go through the trouble.

Guys dont get it, without the backup of a trend your lines are worthless, the edge is non existant or insignificant at best. Lines, patterns, channels have a reactional edge if you can converge them with a trend, if you dont, you got dick...but ET keeps insisting.

Scary how overbought this market is, I had a gigantic position in AAPL that hit the main target today aprox 560+ and looking at it's parent index, I would not overstay my welcome as a bull around these levels. Bulls make money bears make money (well ammo, cause havent met a bear who made...

I don't make calls, was just replying to to an overprice comment at the time of the comment.

As promised, replying with success as 560 was met and breached for brief minutes. :D

Substantial resistance around the 560-570 area.

Sadism.

Why is this worthless thread not so obviously worthless? :D

Succeeding, a kind alert to let you know there is still time for you to join my side. Happy thanksgiving.

Thread is heading into classic ET. Lot of words but no real substance. Imagine the game of ping pong, but replace the ball with ego, some just can't help themselves.

Very well, I will reply when I succeed.

Long from 449 and holding for beyond 560+. I dare you to fade me.

You doing what a typical rookie does, worries about the money lost and how to get back, with very little regard to the capital left. Listen to your track record, you have no positive expectancy, forget one contract, hit the simulator.

For next year, keep this channel handy.

Revisiting the backtest.

And that invalidates all the good reasoning. Bravo.

When you look hard enough you can even find flying saucers in charts. It's nice to look at charts with two sets of eyes. A bear set, and a bull set, that way your analysis is totally unbiased.

I've been around long enough to have made it over a decade ago, when you want to help, you help, you don't go with obfuscating bullshit to confuse even further those already confused. You just do it you provide in a clear manner and you move forward, this, this is ridiculous.