3 phrases of trends: which is low-risk & high-rewards?

tomorton said:
The pull-back in prices is not justified if you just want a discount on recent prices. What it is useful for is as a test of the trend strength. So if price drops in an uptrend it's valid to set a buy entry order above the pull-back and wait to see if the market will be bullish enough to continue the trend. If the entry price is not reached, you can make other plans but it will have cost nothing.
More...
YES

and do not forget that if the prices drops in an up trend the faster it resumes the up trend the more eager buyers are.

so saying that you must wait for a two leg pull back to buy is ridiculous.
 
schizo said:
Easier said than done! How is one to know where the BEGINNING, MIDDLE, or END is? None of them are easy to spot, especially the beginning and the end, until the price has already made a significant move.
More...
i think it all starts with a reversal pattern.

so you enter on the reversal and put a stop below it. you now know where you are wrong-if the reversal bar/pattern get taken out, you are wrong and you lose the least.

controlling your loss is all you can do with trading.

this sounds wonderful but it does not work go figure.

taking all signals do not work.
 
Last edited:
the reason why most fail is, because they look ath what PA does, rather then go by sentiment, important levels. With my methods I can predict wheter a correction is a correction or the beginning of a reversal more than 70% of the time. But hey, who needs sentiment and important levels when you can do what everyone does - looking at a chart and indicators.
 
David's faith said:
the reason why most fail is, because they look ath what PA does, rather then go by sentiment, important levels. With my methods I can predict wheter a correction is a correction or the beginning of a reversal more than 70% of the time. But hey, who needs sentiment and important levels when you can do what everyone does - looking at a chart and indicators.
More...
Looking at PA involves looking at important levels and for corrections/reversals.
 
there are ranges in trends and this trading range price action is sign of a correction.

buying at the low of the correction in a bull is the best way to enter a trend. and with the least of risk.

of course you can also buy the breakout of the correction but then your stop goes below the low of the range /correction.
 
Last edited:
You must log in or register to reply here.
Back
Top