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Yes. We are looking for different trees in the forrest as they say. The levels I look at are the clear peaking areas that price has not "painted" over. The ones YOU are looking at, I am not quite sure. I'm not saying either is right or wrong.

I'll take a stab at an outline or atleast starting one. TOPIC - PRICE - (Uknown where it goes) I. Trend A. Price will continue to move down more than up in a downtrend and the reverse is true. B. Support will continue to be broken more and Resistance broken less in a...

in that opening statistic, you didnt include the amount of money 10% for a rich person equals. it also doesnt include where that 10% or 100% is spent or .......invested. how much money does a poor person invest? investing in business or stocks by private individuals creates growth in the...

the "revolving door" rich

Sounds good. Was it the PDF from NY's thread I think it was. It had the picture of the sectors? Showed big money with red areas or something similar to that? I remember that guy was trying so hard to crack that PW. ANF.

Interesting , Ive never really thought about s/r lines that much in depth. On a side note, I dont see any of those numbers as s/r. Did I miss something? I'm with you on the RR, apprx 50 cent profit, cost of business. These 3 questions I do not have an answer to other than a guess...

Odds to 1200 are good compared to below that. You are sinking timeframes that coincide with high probability moves with a low resistance road compared to other areas. If it doesnt drop to 1200 I still have to know my pain to get out and I have to know that my s/r lines are consistent enough to...

great. the REASON being fundemental analysis that took price to that level to begin with is what you are talking about? similar to the lovely 1000 point dow drop with a fat finger that stopped at a very convenient level of s/r.

because TA indicators and squigglies "predict" price, we have deemed them to be useless. because of this, predicting price is useless. you just have to use the path of least resistance from your s/r lines. the reason the order isnt placed now is because there is no plan for where to get off...

Limit order at 1749. If it doesnt give me an entry dont take it

If it gets above 1197.7 I would enter long to try 1201.1 and stop at 1196.4. I'm not sure if that answers the question

you dont know if it is going up there or if it isnt. he also needs to know his risk/reward defined and his stop area. predicting price isnt possible which is also speculating. rolling the dice with good RR makes sense because it may or may not get there but if it has a clear road, it's worth...

on this TF yes

entry 1749 pain - 1717.9 half off at 1817.8 if s/r flips let rest run to 1885.2 if it does not , stop to BE

retest of 1213.8 with a target of 1183.8 and pain threshold/stop of 1226.7

look up the thread by talontrading on this.

Postitive Expectancy

he already won the bet. check the date on the posts from the start of the bet.

wow

not sure i buy that it was any kind of mistake. the price bounced too well off a heavy support area. it didnt stop in the middle of no where. just a thought