POST Some CHART Images in THUMBNAIL Format Right Here, Baby.
- Thread starter easymon1
- Start date
What's the point? Will continue to regress to this level? Will "wear it out", and move on, what.
What's your take.. Buy? Sell? Sit on hands? Watch for a PA Setup/Trigger Pair?
Action to take? Strangle? Straddle?
signed: Wondering in Wyoming What you Watching While you Wait
These are money making ideas for the willing.
My rational and thought process when I see this occurring.
#1 Depending on where price is at in relation to consistent level.
#2 I'll use that level as a profit target
#3 Estimate possible reversal level
#4 Use a price level gauge to estimate when price does not return
to level if it will continue direction
#5 Can also be used as a timing method when to get
in or get out of a trade.
Sounds good. Being a belt and suspenders guy, some kind of PA signal in there at support or resistance is a prereq for any buy or sell to enter orders outta here. More than plenty of those falling these days, hat's off to ms market by the way for all the action, it's like a warm cloudless sunshine day in a apple orchard toward the end of the season. If the Macintoshes ain't fallin, then the Red Delicious are. Otherwise it's time to relax and have a hard cider till we get more action. Times like these could bring on the LP sleep deprivation sched. Hardly any time for cider, lol.
Good to see your ideas in the mix. Where do you post other stuff about the way you go about ms market? Break A Leg Mike
BTW, what are the little crosshatch marks on the candles on your charts?
BackAtchaMikerileyThanks easymon1
BTW, what are the little crosshatch marks on the candles on your charts?