JNPR Flag

C

ChartingMarkets

Here is a daily chart of JNPR with a possible flag breakout in future. Chart is annotated with trigger points and stop loss area.
Right now the trade has not triggered. Its still on the watchlist.
 

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Quote from ChaosNSX:

Isn't that called a triangle break out? Flag breakout lol...
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Called by whom? I have abolished all names and slogans from my trading, and invented my own names for everything. This way I don't try to trade all kind of 'canned insights' that book writers write about so their books will sell.

For example "a Doji". A Doji on the 5min chart looks like a Head and Shoulders on the 1min chart. So how you're going to call it? A Doji? A head and shoulders? I call it "my hairy ass". The price dynamics is what's important and not the terms. Although if I would write a book, I would definitely call it "Ride the Doji for unperceivable profits". See what I'm talking about?

Cheers
50
 
Quote from 50 cent:

Called by whom? I have abolished all names and slogans from my trading, and invented my own names for everything. This way I don't try to trade all kind of 'canned insights' that book writers write about so their books will sell.

For example "a Doji". A Doji on the 5min chart looks like a Head and Shoulders on the 1min chart. So how you're going to call it? A Doji? A head and shoulders? I call it "my hairy ass". The price dynamics is what's important and not the terms. Although if I would write a book, I would definitely call it "Ride the Doji for unperceivable profits". See what I'm talking about?

Cheers
50
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I traded a perfect REVERSE "my hairy ass" today. Made a killing.

On another note, I am pulling for you next week at the Grammy's, 50.
 
I traded an exact bull flag failure on the NQ at 15:18, and it was an excellent trade. Unfortunately I was reckless earlier during the day.. so ended up more or less even.
 
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