Quote from icarus618:
It's hard to tell anything from your chart. Your squiggly TA indicators are distracting.![]()
Quote from marketsurfer:
LOL! I think thats the default chart on TOS--- I don't even know how to draw a line on the chart-- imagine a line across the 609 level--- those are 5 minute candles, not one stayed sub the line for the entire 5 minute time block-- if it did, entry would have triggered then been stopped out almost immediately. i try 3 times at the level prior to changing it or giving up. surf
ps-- MAY GET another shot at it here...
Quote from icarus618:
I'm not understand you, Surfdaddy. Are you trading off 5 min bars? I thought you didn't use charts?? Clearly the stock DID spend over 5 minutes below 609 as the 1m bars show. That period may have overlapped two consecutive 5m bars which is why your chart doesn't show a single 5m bar completely below 609, but unless you're trading off 5m bar completions, why would that matter?
Something isn't right here. You are denying your use of charts or TA or both. Come out of the closet, dude.
Quote from marketsurfer:
Ok. we will see what happens! thanks... Interestingly, my 609 number does look like some kind of pivot point here-- does it become resistance or stay support??
surf