CL, GC, ES Using Trend Line Retracements
- Thread starter grizzlybull
- Start date
In hindsight they kick ass.
I Like To Find These Pre Market, Seems Like The Majic Time For These Retracements.
This Is My Number 1 Setup, this is GC Yesterday, plus 60 ticks in GC
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Great work.
I like to use trendlines so I have idea of targets rather then entries.
I like to use trendlines so I have idea of targets rather then entries.
Keep It Simple, Simplemelike! Believe In The Lines. I Did The Math A Long Time Ago, It's Better To Believe In The Lines Than Not To.
Timestamp fill screenshot or it never happened.
I Won't Tell The World About What I Know. Looking For A Few SKYPE Trading Friends. It's Lonely Trading By Myself.
Okay, Tomorrow I Take A Screen Shot. Live! Doesn't Really Matter, Don't Believe In The Lines! You Will Watch And Learn. No Fing Time Stamp. It's Simple, You Just Cant Believe In The Lines.
Nothing to do with believing or not, it's just that in an orderly downtrend, this looks great, but how do you know it will be an orderly downtrend in the first place? You dont, so what newbies and snake oil people do is, they take an orderly downtrend and post charts claiming how great it was.
The inverse is true in orderly uptrends, etc etc etc.
Don't be fooled by hindsight, squiggly lines dont' provide a consistent edge.