Margo's Swing Journal
- Thread starter margo_trader
- Start date
you didn't ask me, but, shouldn't BRL be a continuation pattern -- that is, consolidation prior to a continuation of the previous move, which from your chart appears to be north?
that isn't to say that it's going to break out NOW (or at all), for I notice a little divergence in that oscillator,where it has maxed out on this push but the last time it went this high (and higher) it didn't max out.
also, i read somewhere that the longer the sideways drag, the more likely the pattern fails (in this case, continuation). these may be reason enough to fade it, but I'd think eventually it would follow through.
well, I'm sure that cleared it all up....
margo rocks.
that isn't to say that it's going to break out NOW (or at all), for I notice a little divergence in that oscillator,where it has maxed out on this push but the last time it went this high (and higher) it didn't max out.
also, i read somewhere that the longer the sideways drag, the more likely the pattern fails (in this case, continuation). these may be reason enough to fade it, but I'd think eventually it would follow through.
well, I'm sure that cleared it all up....
margo rocks.
Just re-read your journal. Never noticed it before. Good stuff.
Would like to participate since I also swing and position trade... but really don't want to start a journal until later in the year. But understand if you don't because who wants/needs a bunch of Monday morning Q-Bs second-guessing, criticizing and outguessing your every move, while unwilling to post their own trades in real time... and not appreciating your efforts in even bothering to share in the first place (although some Ets do).
Seems to be a minor trend on ET... lots of critics on others' trading methods and ideas, but few willing to put it out there themselves. Can see how that would inhibit some other (good) traders from bothering to share or post.
Would like to participate since I also swing and position trade... but really don't want to start a journal until later in the year. But understand if you don't because who wants/needs a bunch of Monday morning Q-Bs second-guessing, criticizing and outguessing your every move, while unwilling to post their own trades in real time... and not appreciating your efforts in even bothering to share in the first place (although some Ets do).
Seems to be a minor trend on ET... lots of critics on others' trading methods and ideas, but few willing to put it out there themselves. Can see how that would inhibit some other (good) traders from bothering to share or post.
iceman, i don't think you quite understand..
no need for margo to post here..
just go here
http://www.momentumstockplays.com/
Good Luck
ALICE
no need for margo to post here..
just go here
http://www.momentumstockplays.com/
Good Luck
ALICE
Quote from ALICE:
iceman, i don't think you quite understand..
no need for margo to post here..
just go here
http://www.momentumstockplays.com/
Good Luck
ALICE
Thanks...
I did go there... but wasn't clear on whether "margo" was sure about keeping that site going.
Regards,