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Make haste and get ready for the naysayers. Averaging down is a losing tactic (per most traders and some professional traders). Just the terminology puts folks into hysterics. You might want to call it “scaling in.” Seems like that the latter terminology is a tad bit more palatable. Me....well...

Lol what is fake is the story. Lambs and wolves don’t talk. Rivers sing as they flow. I’m jumping in the river.

I go with the river the wolf can do what he wants. The market is the river. The wolf is ______. The sheep is ______. Neither are pertinent to the river nor necessary. They may be at the rivers edge lapping the waters for a tad bit or they may not. The wolf is looking to eat the lamb the lamb is...

Terrible drivers.

Maybe it is the miura bull of winter and Montréal the sissy winter?

It is still the reserve currency of the world not the loonie nor the peso nor the yuan/renminbi..well the yuan can be considered a bit of a reserve currency but nothing like the dollar........LOL No ROFLMAO AGAIN AND AGAIN.

Whatever you may define an edge to be it is certainly not something that is necessary to make money in the markets. Therefore, it is generally an illusion to find, discover, or construct one. And if thus found it usually will work only for a while. It is a time consuming task to find or develop...

Well Well at least we got dollars instead of loonies..ROFLMAO

ROFLMAO ...nevertheless what do you people in Canada ride ...bucking seals? ROFLMAO. I’m now too old to fight much of anything. I will resort to fighting only the market Miura’s or rather ride with them...i.e. the miuras that are winning..lol PS FYI the worlds biggest bull fighting ring is in...

Of course I like it. Just saying trading is easy ....making money trading may not be. I used to ride broncs and break in horses. Facing any animal weighing hundreds of pounds is not an easy task especially when they want to kill you. Watching bull riding on TV is one thing doing it is another...

Sounds like trading. Sit down in front of the computer and bleed out....nothing to trading..LOL ....NOW making money is a horse of a different color.

Well he sure bled out but not from typing. More like from a gunshot.

True but Mexico got it from Spain and has become its own land of the bullfights. Much like USA came from GB the land of the winged lion. Lost it’s wings and they morphed into an eagle.

20 bars sideways to down = bull get stuck..bleeding out..bears loading up...gonna push south. 50/50 still bull could win or bull fighter could win...BO south of the range...means bull has fallen to his knees and will soon flop over dead and bull fighter (bears) wins. Until another bull enters...

You mean like the bull and bull fighter? The more the bull gets stuck...more blood...weaker he gets...and fighter (the bears) gets stronger and gains the upper hand? I just back from Mexico Tuesday. A near 5 week trip. The land of bullfights. It is a bloody sport to the bitter end. Kinda of...

The slicing the cake....didn’t know it was entertaining....LOL

This is a tight channel with multiple wedge tops failing. I would think that before we see a strong reversal leading to a correction we will see a broad bull channel (less slope) to form or a range. Once we get 20 or more sideways to down bars then the odds for a...

It must be remembered that one measured move completed can very well lead to a new projected measured move if there is no 20 bar sideways to down move after the first MM becomes history.

LOL

There is more than one way to do the measured move. I just showed a smaller one. However, either way the cake is sliced the final destination will be close. Most likely.