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Thanks! Did you get the email.

Hi Gary, What would be considered a valid breakout. i see it is quite out of the pennant to the downside now. Why is now now a good time to be short.

Romik is originally Russian, yes.

Everyones seems pretty polite in NA. Back home in Eastern Europe you couldnt get a smile out of anyone with a stick! But theyre nice folk:p

Went short?

Romik, Gary are you considering trading this?

With the chart I posted earlier. Was that the same bull flag in a different TF? Romik, they may win the awards but they dont make any money!

What do you think of trading this.

Is this the breakout of the channel?

Thanks Romik. Gary, Ive taken your tip and started applying everything to stocks. It seems to work really well, although the market has helped last few days. Did you find yourself as profitable trading S/R in stocks, and if so, for what reason did you quit. Is it the lack of leverage.

Do you wait for the 15min bar to close there as confirmation?

Lol, what triangle...

Thanks for the detailed reply. For #4 which triangle are you talking about. Between the yellow and green lines? (I thought triangles had to have a horizontal line at 180%.)

hey Romik, good day today I see. I was away today and just finisheed reading what has transpired. Anyhow, can you elaborate a bit on the chart you posted for ksonic, as to what reasons where responsible for the pullback. Would you this is a safe pattern and you were predicting a likelihood of...

I cant judge him. All I know is that hes a nice guy and Ive witnessed him make several good calls before the actual move. So, there...

Thanks a lot for the information. See anything interesting today? Just like August!

Would you have exited when it came back to 14.50 or lower?

Thanks. I was reading about the ascending triangle forming after an uptrend which can be traded on the breakout of its resistance. Would it be to low % to trade it short if the formation broke down below support?

Good Morning, Romik and Gary, I believe you use 15 min candles. Is there any merit to using 5 minute ones, or does that generate too much noise for you.

It is great, I have one as well. Make sure you set it up directly across from your eyes, as the display tints significantly at other angles.