Bride of If You Can Draw A Straight Line

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Quote from slugar:

steeper supply line which can be drawn on the retracement
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Are you planning on using the first SL, the one that is extended?
 
Quote from niko:

After 10:40 I lost focus, I am not sure how to read this so I am observing.
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That's one of the downsides of being to quick to exit. Anyone trying to re-enter here regardless of which side would get chopped up.

Keeping the money can be more difficult than making it in the first place.
 
Quote from dbphoenix:

That's one of the downsides of being to quick to exit. Anyone trying to re-enter here regardless of which side would get chopped up.

Keeping the money can be more difficult than making it in the first place.
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Hehehe, you are so right. I guess that if I have been less eager to exit and awaited for deeper RETs after the those strong moves I could still be in!. But that is a matter to address in my review.

Anyway, thanks it was a great day. Thanks G as well.
 
Quote from dbphoenix:

The first "ret" was so small as to be perhaps a software anomaly. After a climactic selloff, I prefer to wait for at least a swing point before drawing a supply line. That way I don't have to worry about getting out, getting back in, getting out again, getting back in again, etc.
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This is a keeper!
 
Quote from niko:

Are you planning on using the first SL, the one that is extended?
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once we made another low the fanned supply line would be my exit point
 
Quote from slugar:

once we made another low the fanned supply line would be my exit point
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No, I mean, once you fan in the line, you keep projecting the previous one, I am just asking if that farther away projected line serves any purpose.
 
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