Son of If You Can Draw a Straight Line . . .

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This went below the opening low but price jumped back up. Stay open to the possibility of long. Keep in mind the drop was quite steep from opening top.

1031: Price having trouble going up.
1032: No long entry has come so far. 76/77 holding now.. LONG
 
1035: Hinge.
1037: Leaning to the upside, but who knows here. HL. Price spending more time top of hinge. Those long stay in or get ready.
 
Quote from Gringo:

Damn Niko. I am going long and you short!
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Yep, hard to read today. I guess expectancy took over and I ended up shorting inside the TR in the "hope" of a BO (above 76). The long is still vaild if one is patient enough to wait for LSL, and it seems it si in the money now. So I will just watch you make a killing. :(
 
Remember that formula I had given you a long time ago. What is one supposed to do close to S/R? I am done commenting. Have fun and get some other things done.
 
Ah, the worst part about this morning is that I had a live short from 3487 and I lost my nerve at 9:13. Been hitting the books really hard lately, trying to practice holding a constant position based off Supply and Demand dominance.

I will read over the discussion this morning soon and post some commentary on what we were seeing when I have the time later today.
 

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