R RocknRide Nov 4, 2010 #2,081 S 83.25 ST 85.25 T 78.25 Looks like bear trap. Reversing to long L 84.75
I Instynct Nov 4, 2010 #2,083 So why does everyone think this is going down? just trying to learn here
P PACMAN1 Nov 4, 2010 #2,085 Quote from Instynct: So why does everyone think this is going down? just trying to learn here More... market will usually test extremes, on the 5 min chart I have a downward sloping trend line. To me we should test the 79 ish low or the 76 low
Quote from Instynct: So why does everyone think this is going down? just trying to learn here More... market will usually test extremes, on the 5 min chart I have a downward sloping trend line. To me we should test the 79 ish low or the 76 low
R RocknRide Nov 4, 2010 #2,088 Quote from RocknRide: S 83.25 ST 85.25 T 78.25 Looks like bear trap. Reversing to long L 84.75 More... Stopped. Last try of day. S: 81 ST: 83 T: none
Quote from RocknRide: S 83.25 ST 85.25 T 78.25 Looks like bear trap. Reversing to long L 84.75 More... Stopped. Last try of day. S: 81 ST: 83 T: none
I Instynct Nov 4, 2010 #2,089 Quote from PACMAN1: market will usually test extremes, on the 5 min chart I have a downward sloping trend line. To me we should test the 79 ish low or the 76 low More... Thanks for the explanation
Quote from PACMAN1: market will usually test extremes, on the 5 min chart I have a downward sloping trend line. To me we should test the 79 ish low or the 76 low More... Thanks for the explanation
