Are you attempting to take entries on line breaks + RETs.?
The CL/NQ experiment
- Thread starter Gabe2004
- Start date
Are you attempting to take entries on line breaks + RETs.?
Ok, so you gotta learn to trace the lines first. The method is explained in the "If you can draw " thread.
And dont use ray lines (dont project them into infinity)
I agree with the non extended line idea but during the trade, I keep the longer lines b/c I don't have to worry where they end.
I'll try and see if I have enough time and not lose concentration to draw the short lines and extend them as needed.
Here is a corrected chart.
Gabe
Attachments
Better, remember that in parabolic movements, the movement itself is the line. You also need to fan the lines as th movement accelerates in order to follow price closely.
a bias will drain an account very quickly....
Both of you are right.
The bias came from another instrument that more often than not was signaling a direction for the day.
Today it did not work.
As of tomorrow I am not considering it.
The 1st chart contains TLs that I drew in real-time.
The 3rdst chart contains TLs that I drew at the end of the day.
Gabe
